Afreximbank appoints Cameroonian national George Elombi as next president

Elombi becomes the fourth president to lead the bank since its establishment in 1993.
By Mthandazo Nyoni Jun. 28, 2025
‘Leadership change to steer Kavango growth’
‘Leadership change to steer Kavango growth’
Turney said the company had likely identified four distinct ore shoots that exhibit typical “pinch and swell” characteristics.
By Tatira Zwinoira Jun. 27, 2025
Mashonaland targets US$9,5 million medical investment
This addition increased the company’s total assets under management to US$94,9 million.
By Melody Chikono Jun. 27, 2025
Review CBCA certification: Shipping agents
He said for someone importing goods worth just above US$1 000, a minimum conformity charge of around US$140 would be charged.
By Ashton Ndakusiya Jun. 27, 2025
African Sun targets 18% profit before tax margin
The new target comes as ASL embarks on strategic portfolio realignment, selling non-core properties to focus on high-performing hotels in prime locations.
By Tatira Zwinoira Jun. 27, 2025
Afreximbank’s AAM2025 set to unlock billions in trade, investment deals
Running under the theme “Building the Future on Decades of Resilience”, AAM2025 will focus on accelerating trade opportunities, driving investment and fostering innovation.
By Mthandazo Nyoni Jun. 20, 2025
No plans to exit ZSE: Vision Group
Vision Group director and shareholder Rute Moyo said in an interview the consortium had no intention of delisting from the local bourse.
By Melody Chikono Jun. 20, 2025
Zimbabwe seeks over US$10bn offshore credit
BAZ president Sibongile Moyo said significant investment was needed to drive sustainable development and revive the country's struggling economy.
By Melody Chikono Jun. 20, 2025
Afdis sets sights on aggressive expansion
The investment will see Afdis increase its total production capacity from 18 million litres to 30 million litres over the next five years.
By Ashton Ndakusiya Jun. 20, 2025
Poverty is expensive: In-depth analysis
In Straw, the portrayal was that of a struggling black single woman.
By Gloria Mukombachoto Jun. 20, 2025
Transparency, trust key to unlocking FDI potential
Chinese investors have cited policy inconsistencies and infrastructure bottlenecks as key impediments to doing business in Zimbabwe.
By Concilia Mupezeni and Blessed Ndlovu Jun. 20, 2025
When experience meets tragedy
Their analysis of the critical moments between rotation and impact reveals the intricate interplay of physics, technology, and human judgment that defines
By Naison Bangure Jun. 20, 2025
How to get the pay structure right
It is a way of ranking roles according to how much they contribute to the business. The result is a set of job grades where roles with similar value are placed together.
By Memory Nguwi Jun. 20, 2025
The huge advice vacuum
Almost 20 million people miss out on the benefit of advice because they do not know where to get it from, or even that it exists and
By Batanai Matsika Jun. 20, 2025
How ZSE-listed firms are positioning for growth
If these initiatives deliver as expected, 2025 could mark a year of consolidation and improved earnings for several ZSE counters. 
By Mthandazo Nyoni Jun. 13, 2025
Foreign currency shortages: Miners review capex projects
These challenges have generally increased the cost of doing business in the mining sector. Typically, mining companies are bulk material movers that require rail infrastructure.
By Ashton Ndakusiya Jun. 13, 2025
Padenga revenue to surge 20% on record gold prices
Over US$15 million was paid to the Zimbabwean government in the form of taxes, while 76% of its procurement spend in 2024 was directed toward local businesses.
By Tatira Zwinoira Jun. 13, 2025
Govt returns PPC Zim land
This was supported by a 14,4% reduction in cost of sales and a R46 million (US$2,6 million) decrease in administrative and operating expenses.
By Tatira Zwinoira Jun. 13, 2025
UK-based miner makes Dokwe flagship project
He said Ariana had the technical, social, and environmental resources and skills that will shape the project for efficient and responsible execution in the years ahead.
By Tatira Zwinoira Jun. 13, 2025
Ariston battles insolvency
Despite the modest revenue increase, Ariston’s gross loss stood at US$1,39 million, underscoring inefficiencies in production and pricing.
By Mthandazo Nyoni Jun. 13, 2025
Govt squeezes miners for more forex
Zimbabwe’s mining industry badly needs significant capital injection, with the gold sector alone needing US$1 billion in capex, according to the Chamber of Mines of Zimbabwe (CoMZ).
By Staff Writer Jun. 13, 2025
RTG expands beyond borders, targets SA
RTG’s cross-border pivot marks a significant departure from its historically domestic focus and signals growing investor appetite for high-return tourism assets in southern Africa.
By Freeman Makopa Jun. 6, 2025
Zim gas deal: ‘New era in Africa energy future’
Following successful exploration results and the award of Environmental and Social Impact Assessment approvals, Invictus is now advancing the project towards commercialisation.
By Mthandazo Nyoni Jun. 6, 2025
Natfoods expansion unlocks new market for local farmers
Part of this expenditure included US$5,6 million set aside for a new pasta production line, biscuit production line (US$7,7 million), and breakfast/cereal production line (US$4 million).
By Ashton Ndakusiya Jun. 6, 2025
RioZim financial woes deepen
RioZim’s liquidity position also deteriorated.
By Tatira Zwinoira Jun. 6, 2025
Zim’s data-driven future offers hope
Young graduates can target entry-level roles like data analyst in finance, retail, or agribusiness. With fintech giants like EcoCash
By Naison Bangure May. 30, 2025
Zim platinum output to fall as inventory depletes
Maintenance and lower grades at Unki, along with reduced availability of mechanised fleet and optimisation work at the furnace, impacted Zimplats, the country’s biggest producer.
By Mthandazo Nyoni May. 30, 2025
Nedbank commits US$500 000 for Zimbabwean varsity students
The bank is also strengthening partnerships with universities and research institutions to support innovation and technology-driven solutions.
By Ashton Ndakusiya May. 30, 2025