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European Investment Bank calls for govt, private sector collaboration to secure funding

In Zimbabwe’s case, the country has a public debt of over US$21 billion, with over half of that amount being owed to foreign lenders.
By LEE MUSAIDZI 7h ago
Come up with bankable projects, EU urges Zim firms
Come up with bankable projects, EU urges Zim firms
Yet, official RBZ documents show that only a tiny fraction of that amount is in circulation.
By Blessed Ndlovu May. 22, 2025
RTG invests US$1m to spruce up properties
RTG has invested US$26 million in hotel refurbishments over the past five years.
By LEE MUSAIDZI May. 21, 2025
Better pricing models steer revenue growth at TV Sales & Home, Transerv
From its TV Sales & Home subsidiary, revenue grew by 5% during the third quarter on the back of a 15% volume growth compared to the same period the previous year.
By LEE MUSAIDZI May. 21, 2025
Pambili finds huge gold potential in London Wall claims
In addition, Long Strike applied for contiguous extensions to the claims, totalling an additional 547,8ha.
By Business Reporter May. 21, 2025
‘Zim, EU ties to top US$1bn’
It will run under the theme, Unlocking Sustainable Trade and Investment Under the Global Gateway Initiative.
By Blessed Ndlovu May. 21, 2025
ZHL seeks to grow local, regional capital
In his second tenure in office, US President Donald Trump has paused aid as part of his inward-looking approach under the Make America Great Again campaign.
By Tatira Zwinoira May. 19, 2025
Padenga projects stronger returns as gold blings
The mines are under Dallaglio Investments (Private) Limited, fully acquired by  Padenga during the first quarter of this year.
By LEE MUSAIDZI May. 19, 2025
ZBFH launches two game-changing digital platforms
“Our goal is to reduce the cost of transactions, improve access and power Zimbabwe’s digital economy,” Maukazuva said.
By Ashton Ndakusiya May. 19, 2025
NMBZ finalises US$70m external credit lines
NMBZ Holdings is finalising external lines of credit worth US$70 million as the stock exchange-listed entity moves to fuel productive-sector lending.
By Blessed Ndlovu May. 19, 2025
ZNCC to hold annual congress in June
ZNCC representative Joseph Hove told NewsDay Business that the congress would take place in the resort city of Victoria Falls from June 25 to 28 next month.
By Nizbert Moyo May. 16, 2025
FCB Zim contributes US$23m PAT to group in FY24
This performance underscores the effectiveness of FMBCH’s diversified regional strategy.
By Business Reporter May. 16, 2025
Turnall Q1 revenue declines 11% to US$2,3m
Turnall said the improved margins were mainly due to the change in the sales mix as the group enjoyed higher margins on fibre-cement products.
By Blessed Ndlovu May. 16, 2025
Delta tax burden could soar to US$329m
The profit after tax was an increase of 16% over the prior year.
By LEE MUSAIDZI May. 16, 2025
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Afdis hit with US$1,84m tax bill by Zimra
NewsDay Business understands that the outcome of these engagements will determine the accounting treatment and recognition of the assessment and payments made to date.
By Tatira Zwinoira May. 15, 2025
ZBFH registers ZiG261,94m profit in 2025 Q1
ZBFH said it remained committed to delivering value-added financial solutions that support national development.
By Business Reporter May. 15, 2025
EcoCash launches international money transfers from Zimbabwe to other countries
It said all South African banks had already been activated for the service, with many more countries – including European and Asian countries – coming on stream soon.
By Boitumelo Makhurane May. 14, 2025
Zim seeks to increase fruit and chilli exports to Singapore
Singapore, one of the world’s top trading nations, presents a significant market opportunity for Zimbabwe, as 90% of its food is imported due to limited agricultural land.
By Ashton Ndakusiya May. 14, 2025
WestProp profit drops on lower fair value adjustments
During the period under review, the group recorded lower fair value adjustments on investment property of US$18,84 million, nearly  62% down from the prior year.
By Blessed Ndlovu May. 14, 2025
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NCC calls for phased tariff removal on US exports
Mnangagwa’s decision came after United States President Donald Trump imposed an 18% reciprocal tariff on Zimbabwe in response to the latter’s 35% tariff on American products.
By LEE MUSAIDZI May. 14, 2025
Icaz calls for robust financial reporting and compliance
Icaz believes the profession is uniquely positioned to provide the financial discipline, transparency and trust required to support sustainable development.
By Ashton Ndakusiya May. 13, 2025
60% of the market in low-end segment: Edgars
The push into the low-end segment of the market comes as the second-hand clothing market has destroyed formal retailers as they cannot  compete with these cheaper offerings.
By LEE MUSAIDZI May. 13, 2025
‘Govt wants to be central in carbon credit trading’
The government recently legislated Statutory Instrument (SI) 48 of 2025, which introduced holistic regulations to govern how carbon credit trading is conducted.
By Blessed Ndlovu May. 13, 2025
Caledonia profit rises to US$11m in Q1
Caledonia is a Zimbabwe-focused exploration, development and mining corporation that owns the local gold-producing Blanket Mine, Bilboes Mine, and the
By Tatira Zwinoira May. 13, 2025
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Invictus finalises preps for pilot gas, petroleum production
Invictus’s Cabora Bassa Gas and Oil Project is located in the Muzarabani district of Mashonaland Central Province, northeast of Zimbabwe.
By Tatira Zwinoira May. 12, 2025
Securities firm tips ‘agile stocks’ for growth
In its April 2025 monthly report, IH Securities said the ZSE market capitalisation weakened to ZiG58,08 billion in April, down 7,12% from ZiG62,53 billion in March.
By Tatira Zwinoira May. 12, 2025
Sino-Hydro hosts team-building event
Sino Hydro is the international brand of the Chinese state-owned enterprise of Power Construction Corporation of China (PowerChina).
By Staff Reporter May. 11, 2025
Global Forecast: Top BPO Companies 2025 and Beyond
As we advance beyond 2025, the global BPO landscape will continue to evolve,
By Newsday May. 11, 2025