Tag: Zimbabwe

Zimbabwe says land seizure compensation reaches $508 million

Zimbabwe says compensation to White farmers whose land was seized has reached $508 million, as it seeks to resolve the land reform dispute.

Omokolade Ajayi Omokolade Ajayi

Zimbabwe’s richest man, Strive Masiyiwa, loses $100M as InfraCo shares tumble

Strive Masiyiwa’s fortune dropped $100 million to $2.1 billion after Econet InfraCo shares slid sharply on the Victoria Falls Stock Exchange.

Omokolade Ajayi Omokolade Ajayi

Zimbabwe lands funding to transform a major gateway for commodity trade

Zimbabwe advances a $66.8 million upgrade of the Chirundu border with Zambia, targeting delays on a key Copperbelt trade route.

Oluwatosin Alao Oluwatosin Alao

Real estate tycoon Ken Sharpe’s $1B plan to fix Zimbabwe’s acute housing crisis

To ease Zimbabwe’s 2-million-unit housing deficit, Ken Sharpe’s WestProp is raising a $1 billion fund to bring back 30-year home mortgages by next year.

Omokolade Ajayi Omokolade Ajayi

Diaspora Dollars: How UK-based Zimbabweans became the country’s top senders

Zimbabwe received a record $2.45 billion in diaspora remittances in 2025, as the UK narrowly overtook South Africa as the top source.

Omokolade Ajayi Omokolade Ajayi

Zimbabwe tycoon Simon Rudland opens $25 million citrus plant, creating 1,500 jobs

Simon Rudland opens $25 million citrus plant, creating 1,500 jobs.

Omokolade Ajayi Omokolade Ajayi

France, UK to lead Zimbabwe’s $23 billion debt restructuring effort

France and the United Kingdom are set to take a leading role in Zimbabwe’s efforts to restructure its $23 billion debt burden, marking a significant step in Harare’s push to restore access to international financing and rebuild relations with global creditors.  The two European nations will co-chair Zimbabwe’s new Debt Consultative Group (DCG), a platform expected to coordinate negotiations between…

Oluwatosin Alao Oluwatosin Alao

Zimbabwe eyes lithium battery manufacturing as processing push gains ground

Zimbabwe targets domestic lithium battery production to maximize critical mineral revenues, boost industrial jobs, and attract global investment.

Omokolade Ajayi Omokolade Ajayi

Air Zimbabwe restores direct London flights after 14 years

Air Zimbabwe restarts direct Harare to London Gatwick flights after 14 years using a leased Airbus A330-300 to revive direct UK connections.

Omokolade Ajayi Omokolade Ajayi

Etihad widens Africa reach with Fastjet Zimbabwe partnership

Etihad Airways partners with Fastjet Zimbabwe to expand southern Africa connectivity ahead of its Harare launch, offering seamless single-ticket travel.

Oluwatosin Alao Oluwatosin Alao

Zimbabwe begins blueberry exports to China in boost for Africa’s fruit trade

Zimbabwe begins blueberry exports to China, opening a major new market for growers as the country expands its fast-growing fruit export industry.

Oluwatosin Alao Oluwatosin Alao

Zimbabwe’s platinum sector targets $2 billion in exports amid global demand

Zimbabwe’s platinum sector targets $2 billion in export receipts by 2027, driven by rising global demand, firmer prices, and smelter expansion.

Omokolade Ajayi Omokolade Ajayi