Tagwirei-linked firm in Zisco ‘asset stripping orgy’

Cabinet claimed the decision was reached after an intense technical and financial assessment by the Zimbabwe Investment Development Agency (Zida).
By Nqobani Ndlovu Mar. 31, 2024

Investors need protection

The world’s largest stainless steel producers, Tsingashan Holdings Group of China, is completing an integrated steel plant in Manhize near Mvuma.
By Newsday Mar. 25, 2024

Zida boss calls for investment policy framework flexibility

“There is a need to keep adjusting because things change. You need to keep abreast,” Moyo told businessdigest.
By Tafadzwa Mhlanga Mar. 15, 2024

Foreign investors flock into Zimbabwe

During both periods, investors from China continue to dominate, having the highest number of investors with mining being their most preferred sector followed by the manufacturing sector.
By Mthandazo Nyoni Feb. 11, 2024

Editor’s Memo: Make Zim investor friendly

Zida said a US$7 billion project, whose papers were submitted towards the end of last year, was still under due diligence processes.
By Faith Zaba Feb. 9, 2024

Zim licences US$9,7bn investments

Tafadzwa Chinamo, chief executive officer at Zida, told the Zimbabwe Independent on Wednesday that the US$9,7 billion was almost double the year's target of about US$5 billion.
By Freeman Makopa Feb. 9, 2024

Govt red tape delays power project

This emerged in a court case where Old Mutual Life Assurance Company Zimbabwe is seeking the placement of Harava under corporate rescue.
By Desmond Chingarande Dec. 17, 2023

Brondesbury Park Hotel Nyanga re-opens

The hotel in Nyanga town, once acquired by African Sun Hotels in 2007, now belongs to the Dutch based horticulture firm Cacti Youngplants B.V.
By Tatira Zwinoira Nov. 24, 2023

ED clips Mthuli’s wings

In a statutory instrument 224 of 2023, Mnangagwa said that ZIDA Act was no longer under the Ministry of Finance and Economic Development.
By Problem Masau Nov. 11, 2023