Only four African economies built for sustained industrial growth — report

While countries such as Rwanda and Nigeria are making measurable progress, the report finds their trajectories remain incomplete. 
By Mthandazo Nyoni 4h ago
Caledonia invests US$14,2m into power line
Caledonia invests US$14,2m into power line
“Also planned in 2026 is the construction of a 34km electricity line to connect Blanket to Zimbabwe’s 132Kv backbone,” Caledonia said.
By Blessed Ndlovu May. 2, 2026
Middle East war exposes fragile economy
“Gulf sovereign wealth funds had shown interest in Zimbabwe’s mining sector (lithium, gold, platinum) and renewable energy. The conflict may delay or cancel planned investments,” it said.
By Ruth Maseko May. 2, 2026
Envoy unpacks China’s zero-tariff policy and what it means for Zimbabwe
 In this way, China has become the world’s first major economy to implement unilateral, comprehensive zero-tariff treatment for all African countries with which it has diplomatic ties.
By Tendai Munhundarima May. 2, 2026
Zim oil hopeful returns to Gulf for fresh funding
In December 2023, the firm announced a gas discovery at its Mukuyu well, with indications pointing to a potential 184 million barrels of oil equivalent.
By Blessed Ndlovu May. 2, 2026
Developers scale back long range plans over currency
In its February 2026 Monetary Policy Statement, the RBZ guaranteed that foreign currency deals and listed equities would not be forcibly converted under a mono-currency system.
By Concilia Mupezeni May. 2, 2026
Unki Mine denies ‘fuel coupons for chiefs’ claims
The watchdog claimed some companies provide “token” incentives, including fuel coupons, to chiefs and councillors to secure compliance as they expand into communal land.
By Freeman Makopa May. 2, 2026
FIRST Mutual Holdings Limited earmarks US$10m for health services, expansion
Hoto said FMHL remained optimistic about demand growth across its insurance divisions, particularly as it expands lower-cost health insurance products targeted at Zimbabwe’s cash economy.
By Blessed Ndlovu May. 2, 2026
Mutapa Gold boss Barnard resigns
Patrick Maseva-Shayawabaya, who previously served as Kuvimba Mining House (KMH) head of the gold cluster and chief finance officer of MGR, will take over the reins.
By Mthandazo Nyoni Apr. 29, 2026
EcoCash Super App review: A blueprint for Africa’s future digital ecosystems
On first inspection, Ecocash's intent with the Super App is immediately clear
By Mukudzei Sibanda Apr. 28, 2026
Stanbic Bank launches ‘Bank On Growth’ campaign to deepen support for Zimbabwe’s economic recovery
Stanbic Bank Zimbabwe head of brand and marketing Tariro Memo said the initiative is a strategic repositioning that reinforces the bank’s commitment to its clients’ growth journeys.
By Business Reporter Apr. 28, 2026
ZiG rollout: Dynamics behind crucial moves
ZIMBABWE’S central bank is stepping up its push to restore the primacy of the local currency, rolling out upgraded Zimbabwe Gold (ZiG) banknotes
By Tinashe Kairiza Apr. 24, 2026
VFEX tipped for 20% growth as ZSE struggles for liquidity
Zimbabwe’s dollar-indexed Victoria Falls Stock Exchange (VFEX) is poised to outperform its much older peer, the Zimbabwe Stock Exchange (ZSE), this year, with growth of up to 20%
By Mthandazo Nyoni Apr. 24, 2026
ZimRe ramps up regional push
DIVERSIFIED financial services group ZimRe Holdings is accelerating its regional expansion strategy, targeting broader continental markets as stronger cash flows and a firmer balance sheet bolster
By Concilia Mupezeni Apr. 24, 2026
Edgars bets on procurement edge to drive growth
CLOTHING retailer Edgars Stores is banking on more competitive procurement pricing, tighter cost controls and selective expansion to sustain growth
By Ruth Maseko Apr. 24, 2026
Ariston Holdings seeks shareholder lifeline... move set to stabilise finances as liquidity strain bites
Liquidity pressures have prompted Ariston Holdings to restructure short-term debt and seek shareholder support, as the group moves to stabilise its finances.
By Blessed Ndlovu Apr. 24, 2026
Chinese investors assume 100% control of biggest lithium mine
China-headquartered resources group Zhejiang Huayou Cobalt has moved to full control of Zimbabwe’s largest lithium operation, tightening its grip on a strategic asset at a time
By Blessed Ndlovu Apr. 24, 2026
ZITF and the business of nation branding: Why scale isn’t enough
Modern exhibition thinking is clear on the point that value is created through experience, not presence.
By Dennis Mambure Apr. 24, 2026
Unifreight navigates margin squeeze, bets on acquisitions
Unifreight operates as an integrated logistics group anchored by its Swift brand, supported by Bulwark Transport and Skynet Worldwide Express. 
By Kudakwashe Taimo Apr. 24, 2026
Zimbabwe-EU trade nears US$1bn as ties deepen
Hagemann made the remarks as the bloc returned to the Zimbabwe International Trade Fair (ZITF) in Bulawayo for the fourth consecutive year,
By Mthandazo Nyoni Apr. 23, 2026
Auditors wary of Invictus Energy
The deal, signed in August 2025, would have seen Al Mansour acquire a 19,9% stake for A$37,8 million and potentially unlock up to US$500 million in future funding for Cabora Bassa.
By Mthandazo Nyoni Apr. 23, 2026
Manufacturing recovery gathers pace as exports jump 18%
He linked the improvement to firmer macroeconomic conditions, particularly single-digit inflation, which has improved price predictability and bolstered business confidence.
By Mthandazo Nyoni Apr. 23, 2026
New ZIDA platform aims to turn investor interest into deals
ZIDA said the initiative marks a strategic shift towards active deal facilitation, positioning the agency as a connector between investors, project promoters and key stakeholders.
By Business Reporter Apr. 20, 2026
Startups fail to meet funding bar
THE National Venture Capital Company of Zimbabwe (NVCCZ) has flagged weak investor readiness among local startups as a major barrier to funding
By Blessed Ndlovu Apr. 17, 2026
Investors troop to Victoria Falls exchange-listed REITs
IH Securities said the local REIT market has steadily gained prominence over the past five years, tracking growth in the broader property sector.
By Concilia Mupezeni Apr. 17, 2026
NBS sets aside US$24m for housing
NBS managing director Sifiso Mahlangu told businessdigest the society would prioritise projects already underway while preparing to roll out new developments.
By Blessed Ndlovu Apr. 17, 2026
DPC doubles compensation fund to US$33m, clears legacy claims
With an estimated US$2,5 billion circulating in the informal sector, the DPC is also seeking to draw unbanked funds into formal channels by reinforcing depositor confidence.
By Blessed Ndlovu Apr. 17, 2026
Exclusive office parks report strong uptake as Zimbabwe CBDs ‘decay’
Masimba Holdings chairman Gregory Sebborn said refurbishment works temporarily dented rental income in the period under review, but would support future growth.
By Mthandazo Nyoni Apr. 17, 2026