HARARE – Veteran auctioneer and JEFFM Auctions director Jeffery Mubaiwa (47) has been cleared of fraud charges after NetOne Cellular (Pvt) Ltd formally withdrew its complaint, leading the Harare Magistrates’ Court to strike the case off t...

AXIA Corporation is confident that the Government’s ongoing policy reforms to improve the ease of doing business will help rebuild investor and market confidence over the medium term. The Government is implementing ongoing business reforms to strea...

The recurrent cement shortages in Zimbabwe, which have intensified through 2024 and into 2025, are routinely interpreted as signs of an “economic recovery” or a “construction boom.” While these explanations contain elements of truth, they are...

CABLE maker, CAFCA says it has strengthened its export strategy by abandoning its long-standing consignment stock model in favour of a strictly cash-based system, which has improved cash flow. Group chief executive Mr Vimbayi Nyakudya, in a statement...

Caledonia Mining Corporation has approved the development of the Bilboes Gold Project in Matabeleland North after a feasibility study confirmed robust economics, strong gold reserves and a viable path toward mid-tier producer status. The company said...

VATICAN CITY — The Vatican on Tuesday doubled down on the value of monogamous marriage between a man and woman, responding to concerns raised by African bishops about the practice of polygamy in their flocks. The document from the Vatican’s doctr...

BANGKOK — European and Asian shares mostly gained on Tuesday after U.S. stocks rallied on hopes the Federal Reserve will cut interest rates soon. The futures for the S&P 500 and the Dow Jones Industrial Average slipped 0.1%. Germany’s DAX ed...

Chinese business dealings in Africa, once dominated by state-owned enterprises, are now increasingly shifting toward consumer products from the private sector. While Africa’s faster-growing economies, such as Kenya, Uganda and Zambia, see annual gr...

Luanda, Angola – African and European leaders gathered in Luanda for the 7th European Union–African Union Summit, where the European Commission reaffirmed its long-term commitment to strengthening political and economic ties with Africa. The meet...

Pretoria, South Africa – Europe and Africa have strengthened their bilateral cooperation on energy development, announcing a landmark €15.5 billion investment to accelerate Africa’s clean energy transition and expand electricity access to milli...