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Gold Mill Brings Hope to Shurugwi Miners
A new US$300,000 gold mill in Shurugwi is bringing renewed hope to thousands of artisanal miners ( image source ) SHURUGWI — A newly commissioned US$300,000 gold milling and processing centre in Shurugwi District was officially handed over this week, promising to boost incomes for thousands of artisanal miners and local communities across the Midlands Province. The facility, funded by Cheng-Xi Chengetai Investments and established under the Shurugwi Community Empowerment Trus

Southerton Business Times
Oct 17, 20252 min read


POSB Unveils US$8.7 Million Solar and Starlink Funding Facility to Power Schools and SMEs
POSB has launched an US$8.7 million Solar and Starlink financing facility to provide reliable solar power and satellite internet to schools, SMEs and households across Zimbabwe ( image source ) HARARE – The People’s Own Savings Bank (POSB) on Monday launched a US$8.7 million Solar and Starlink financing facility aimed at equipping schools, small and medium enterprises (SMEs) and households across Zimbabwe with reliable solar power and high-speed satellite internet, officials

Southerton Business Times
Oct 16, 20252 min read


Chinese Investment Sparks Social Media Clash in Zimbabwe — X Debate Heats Up
An investigation explores how X has become the battleground for debate over Chinese investment in Zimbabwe ( image source ) A fatal shooting at a Mutoko mine has ignited a fierce debate on X about the conduct of Chinese nationals and the broader role of foreign investors in Zimbabwe’s extractive sector, with users trading sharply contrasting views that underscore national anxieties about labour, environment and rule of law. The alleged shooting of a local mine worker sparked

Southerton Business Times
Oct 15, 20252 min read


Crocodile Skin Exports Hit US$36 Million as Industry Eyes US$100 Million Target
Zimbabwe’s crocodile skin exports hit US$36 million as the industry targets US$100 million ( image source ) Zimbabwe’s crocodile farming sector is riding a wave of growth after export receipts from crocodile skins rose to an average of US$36 million, driven by improved skin quality and expanding market access, industry and government officials say. Production now stands at about 80,000 skins annually, up from previous estimates, and the sector is being promoted as a strategic

Southerton Business Times
Oct 14, 20252 min read


Zimbabwe Mining 2025: Gold Boom Offsets Sharp Drops in Key Minerals
Zimbabwe’s 2025 mining sector reports a 44% gold surge offsetting sharp declines in lithium and platinum ( image source ) Zimbabwe’s mining sector delivered a mixed 2025 performance, driven by a remarkable surge in gold while several strategic minerals contracted sharply, forcing a downward revision to the industry’s growth outlook and renewing calls for value addition and energy security. Gold production rose an estimated 44 percent this year, reinforcing gold’s role as the

Southerton Business Times
Oct 14, 20252 min read


VP Chiwenga Urges Local Mineral Beneficiation to Halt Resource Leakage
Vice President Constantino Chiwenga called for accelerated local mineral beneficiation at the Mine Entra conference, linking it to Vision...

Southerton Business Times
Oct 12, 20252 min read


Zim Showcases Cooperative Innovation at 14th AMCCO in Nairobi
Zimbabwe’s delegation impressed at the 14th Africa Ministerial Cooperative Conference (AMCCO) in Nairobi ( image source ) Zimbabwe’s...

Southerton Business Times
Oct 12, 20252 min read


Government Grants 11 Projects Prescribed Asset Status to Mobilise Local Capital
Zimbabwe’s Finance Ministry has approved 11 projects worth US$248.56 million as prescribed assets to attract pension and insurance fund...

Southerton Business Times
Oct 12, 20252 min read


China’s Footprint: How Extractive Deals Are Scarring Zimbabwe’s Land and Labour
Chinese-backed mining projects in Zimbabwe are leaving behind a trail of environmental destruction and labour exploitation ( image source...

Southerton Business Times
Oct 12, 20253 min read


IMF Urges Clarity on Zimbabwe’s Plan to Adopt ZiG as Sole Currency by 2030
The IMF has urged Zimbabwe to clarify its plan to make the Zimbabwe Gold (ZiG) the sole legal tender by 2030 ( image source ) In its...

Southerton Business Times
Oct 11, 20252 min read


IMF Flags ZiG as Overvalued, Warns Stability Is ‘Artificial’
The IMF warns that Zimbabwe’s ZiG currency is overvalued and sustained by artificial support from the Reserve Bank ( image source ) The...

Southerton Business Times
Oct 9, 20253 min read


Logistics Lift: Unifreight Doubles Profit on Cross-Border Demand
Unifreight Africa Limited has reported a 124% surge in profit after tax to ZiG202.35 million, powered by cross-border freight demand,...

Southerton Business Times
Oct 4, 20252 min read


Nvidia Tops $4.5 Trillion Market Cap
Nvidia has become the first company to surpass US$4.5 trillion in market value ( image source ) Nvidia became the first company in...

Southerton Business Times
Oct 3, 20252 min read


Zimbabwe Reserves Quarry and Granite Mining for Local Investors
Zimbabwe has reserved quarry and granite mining for indigenous investors under a new policy aimed at boosting community benefits and...

Southerton Business Times
Oct 3, 20252 min read


Mauritius Pulls Ahead as Zimbabwe Lags on Economic Freedom
Mauritius has topped Africa’s 2025 economic freedom rankings, while Zimbabwe lags near the bottom ( image source ) Mauritius has topped...

Southerton Business Times
Oct 2, 20252 min read


$800m Tsingshan Investment Aims to Revive Zimbabwe’s Steel Industry
China’s Tsingshan is injecting $800m into Zimbabwe’s DISCO steel plant, doubling capacity to 1.2m tons, adding power resilience, jobs,...

Southerton Business Times
Oct 1, 20252 min read


ZiG Inflation Falls Sharply to 82.7% in September
Zimbabwe’s ZiG inflation slowed to 82.7% in September, down 11.1 points ( image source ) Zimbabwe’s year-on-year ZiG inflation rate eased...

Southerton Business Times
Oct 1, 20252 min read


Freda Rebecca Mine Unveils Key Development Initiatives
Freda Rebecca Gold Mine launches US$3M water pipeline, 6 MW solar plant, US$7M exploration programme, and safety upgrades to boost...

Southerton Business Times
Sep 30, 20252 min read


Looted Minerals Leave Zimbabwean Communities in Ruin
Zimbabwe’s mineral wealth is looted through opaque deals, leaving communities in Chiadzwa, Marange and Penhalonga impoverished and...

Southerton Business Times
Sep 29, 20252 min read


Zim Targets COMESA Summit to Boost Exports
Zimbabwe will showcase key industries at the 2025 COMESA Summit in Nairobi (image source) Zimbabwe is mobilizing high-potential...

Southerton Business Times
Sep 28, 20252 min read
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