Companies

Kuvimba Mining House to inject US$1 million in Zisco Steel
By Alois Vinga KUVIMBA Mining House will inject US$1 million into ZISCO’s resuscitation strategy mainstreamed under the Mining Project and Steel Project in a development that is set to unlock opportunities for several businesses in the value chain. The Zimbabwe Iron and Steel Company (ZISCO) was the largest steel works ...
Markets

Zimbabwe’s dollar-only bourse poised for further growth
By Reuters HARARE: The value of stocks on Zimbabwe's dollar-only bourse has jumped by 85% since the start of the year to more than $1 billion, its CEO told Reuters on Tuesday, adding he anticipated continued growth. The Victoria Falls Stock Exchange (VFEX) was set up in 2020 to attract ...
Economy

Africa free trade area may lift 50 million people out of extreme poverty, says IMF
By Bloomberg News Africa’s continent-wide free-trade area, if successfully implemented, could significantly boost economic growth and improve living standards at a time of rising geopolitical tensions and climate change, the International Monetary Fund said in a study. "Greater trade openness would help countries adapt to climate change and to strengthen ...