Saturday, March 2, 2024



Mnangagwa vows to get Zim’s economy back on track

From fin24 by Malcom Sharara Harare - Zimbabwean President Emmerson Mnangagwa has undertaken during his first State of the Nation Address (SONA) to introduce pro-business policies to attract investment and revive the ailing economy. He reiterated his inauguration message saying his post Mugabe government is doing everything in its power to make sure the country is conducive for business. President Mnangagwa will be in South Africa on Thursday where he is expected to address the business community and potential investors. This will be his first trip outside the country since becoming President....

Zimbabwe: Mining Sector Leads Investor Interest

From The Herald by Africa Moyo The mining sector remains the most favoured investment portfolio in the country, with 57 applications out of 153 approved in the first 11 months of the year, statistics from the Zimbabwe Investment Authority (ZIA) reveal. Zimbabwe has known reserves for 66 minerals including gold, diamonds, platinum, chrome and asbestos, among others, making the mining sector key attraction for investors particularly foreigners. From January to November 30, 2017, ZIA approved investment proposals worth $1,5 billion, which is slightly below what was achieved in the same...

ZIA approves $1bn projects in 10 months

From News Day by MTHANDAZO NYONI THE Zimbabwe Investment Authority (ZIA) approved projects worth $1,03 billion in 10 months of the year, up 55% from the comparable period last year, latest statistics have shown. Data gathered from ZIA indicated that from January to October this year Zimbabwe approved projects worth $1,03 billion compared to $666 million recorded last year. However, these are just investment projects approved and not implemented. The projects are forecast to create 7 888 jobs and about $57,1 million in export earnings. According to the figures, $567...