Zimre Holdings’ property unit has commenced construction of a $13 million shopping complex in Victoria Falls with completion expected next January.
State owned miner, Zimbabwe Mining Development Corporation (ZMDC) is seeking partners to invest in two of its gold mines and a lithium concern among others.
Regional cement manufacturer, Pretoria Portland Cement (PPC) says sales at its Zimbabwean operation increased by between 30 to 40 percent for the nine months to December 31, 2017.
President Emmerson Mnangagwa yesterday called on Zimbabwe to preach the gospel of peace so that the country can have free, fair and credible elections.
President Emmerson Mnangagwa is to tour Mashonaland Central, the home province of National People’s Party leader Joice Mujuru and former first lady Grace Mugabe, on Wednesday in what could end up as being a show of strength for the new president.
The National People’s Party has denied that its leader Joice Mujuru has gone into a pact with former first lady Grace Mugabe and says this demonstrates the panic that has gripped President Emmerson Mnangagwa and his military colleagues and reflects the kwashiorkor political thinking of the highest order.
Foreign buyers are making a comeback on the Zimbabwe Stock Exchange (ZSE), buying shares worth $30 million over the past two months after nearly two years of selloffs, as investor confidence returns on the local bourse.
Britain has released aid worth £757 million (just over $1 billion) over the past 10 years through its Department for International Development and will be releasing a further £176 million in the next two years according to figures released in the British Parliament on Friday.