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TotalEnergies lifts force majeure on Mozambique LNG after 4.5-year hiatus

MAPUTO/PARIS – The TotalEnergies-led Mozambique LNG consortium has formally lifted the force majeure declaration on its US$20 billion liquefied natural gas project in northern...
Business

Bakers warn bread price could rise above US$1 as flour costs surge

HARARE – The National Bakers Association of Zimbabwe (NBAZ) has warned that plans to increase the price of bread flour will push the retail...
Business

Dangote expected in Zim for a potential US$1bn deal

NIGERIAN billionaire Mr Aliko Dangote — the richest man in Africa and wealthiest black person in the world — is expected in Zimbabwe soon...
Business

VFEX-listed Kavango CEO steps down

VICTORIA Falls Stock Exchange-listed Kavango Resources chief executive Mr Ben Turney has left the Southern Africa-focused mining company with immediate effect, the company has...
Business

RTG upbeat after key property upgrades

RAINBOW Tourism Group says the recent US$5,2 million refurbishment of its Rainbow Towers Hotel and Harare International Convention Centre has elevated the facilities’ standing...
Business

US$30 million fruit juice plant creates 300 jobs, eyes 3 000 for rural industrialisation

A NEWLY commissioned US$30 million orange fruit juice plant has begun operations in Beitbridge, creating over 300 jobs and processing up to 600 tonnes...
Business

Chiwenga Hails US$30 Million Beitbridge Juicing Plant as Catalyst for Rural Industrialisation

BEITBRIDGE — Vice President Constantino Chiwenga has hailed the newly established US$30 million Orange Ville juicing plant in Beitbridge as a major step toward...
Business

Manufacturing sector attracts US$1,4billion in new investments

ZIMBABWE’S manufacturing sector is set to accelerate economic growth, after attracting over US$1,4 billion in new investments for expansions in 2025 alone. Over the last...
Business

Technical fault takes Hwange Unit 8 off the grid

Zimbabwe's power utility, Zesa Holdings, has announced that Unit 8 of Hwange Thermal Power Station has been taken off the national grid due to...
Business

Coca-Cola divest from South Africa

Coca-Cola HBC AG will buy a majority stake in Coca-Cola Beverages Africa for $2.6 billion (R45 billion) to create the second-largest bottling partner for...
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