Chinese investors’ US$1,5bn Zim steel plant targets EU in bold push
The US$1,5 billion Manhize-based steel plant, a project under China’s Tsingshan Group, began production in July, churning out 300 tonnes of deformed steel bars daily.
By Julia Ndlela
13h ago
Fresh firestorms torment bleeding diamond miner… as sovereign wealth fund vetoes crucial fire sale
Zimbabwe’s troubled state-owned diamond miner — the Zimbabwe Consolidated Diamond Company (ZCDC) — has plunged into a fresh crisis after its sole shareholder, Mutapa Investment Fund (MIF)
By Tinashe Kairiza
13h ago
Hwange Colliery sinks US$3,5m in turnaround strategy
HWANGE Colliery Company Limited (HCCL) has invested over US$3,5 million in new equipment as part of its turnaround strategy
By Patricia Sibanda
Aug. 7, 2025
Government invests in Hwange Colliery to drive economic growth
Among the equipment were two ambulances, two Scania buses and a haemodialysis machine for the clinic.
By Peter Dube
Aug. 2, 2025
From tea to trouble: Ariston sinks, Tanganda struggles
The company’s working capital position is negative, and its asset base largely consists of specialised agricultural assets that are illiquid and difficult to monetise in the short term.
By Sylvester Mupanduki
Aug. 1, 2025
Premium
Zim diamonds hub in tears as global meltdown inflicts pain... Communities plead with sovereign fund to halt sweeping layoffs
ZCDC’s layoffs are part of a broader industry crisis.
By Tinashe Kairiza
Aug. 1, 2025
CSC gets US$9m injection to settle local debts
MIF’s milestone follows the April approval of a revival plan crafted by CSC corporate rescue practitioner Crispen Mwete, aimed at resuscitating what was once Africa’s largest integrated meat processor
By Tinashe Kairiza
Aug. 1, 2025
Bezbets loses High Court appeal against punter
Bezbets was asked to pay the costs of the suit.
By Court Reporter
Jul. 31, 2025
Tanganda backtracks on VFEX secondary listing
Instead, the Tanganda board agreed to issue new shares and list them on the VFEX as a secondary listing to shore up capital as market activity has been volatile on the ZSE.
By Farming Reporter
Jul. 24, 2025
