2+ week, 1+ day ago   (1557+ words) Zimbabwe’s retail industry is usually classified according to what companies sell. Edgars and Truworths sell clothes; supermarkets sell groceries; furniture chains sell household goods. But that description misses an important part of the economics. By Brighton Musonza with work by…...

2+ week, 4+ day ago   (333+ words) DAR ES SALAAM, Tanzania – Tanzania’s vice president resigned Tuesday, saying he wanted to respect the president’s wishes, weeks after a newspaper was suspended for reporting deep divisions within the government. “I have decided to retire from politics and public service,…...

2+ week, 4+ day ago   (559+ words) LOS ANGELES — Suge Knight has made a striking claim from prison, alleging that lawyers representing Duane “Keefe D” Davis offered him $1 million to testify that Davis was not inside the vehicle involved in the 1996 shooting that killed Tupac Shakur. According…...

2+ week, 4+ day ago   (1147+ words) HARARE — Zimbabwean equities weakened on Wednesday, with the Zimbabwe Stock Exchange’s All Share Index falling 0.71% to 477.75 points as investors navigated a mixed corporate and macroeconomic environment marked by sharp movements in selected counters. Trading activity remained relatively subdued, with 74 trades…...

2+ week, 4+ day ago   (1544+ words) American banking giant Citigroup’s more positive reading of Zimbabwe’s economy, as reported by Bloomberg, could have implications well beyond the immediate debate over inflation, the Zimbabwe Gold currency and economic growth. For a country that has spent more than two…...

2+ week, 4+ day ago   (1430+ words) HARARE — First Capital Bank significantly expanded its lending in the first half of 2026, but the composition of that growth shows a marked shift towards trade and services as the lender sought to deploy a rapidly growing deposit base. Gross loans…...

2+ week, 5+ day ago   (438+ words) NEW YORK — American banking giant Citigroup sees Zimbabwe breaking with the past as a poster child of triple-digit inflation and fiscal indiscipline, flagging an economic turnaround that could mark a decisive shift in the country’s long-running cycle of monetary instability…...

2+ week, 5+ day ago   (705+ words) HARARE — Dinson Iron and Steel Company (Disco) plans to raise annual steel production at its Manhize plant to about 1.8 million tonnes, nearly three times its current installed capacity of 600,000 tonnes, as the Chinese-owned steelmaker moves to broaden its product range…...

2+ week, 5+ day ago   (600+ words) HARARE — Zimbabwe’s annual ZiG inflation eased to 2.9% in August 2026, from 3.2% in July, reinforcing signs that the economy is moving into a more stable phase. The significance extends beyond the headline figure. For businesses, lower and more predictable inflation makes it…...

2+ week, 5+ day ago   (1062+ words) HARARE — The proposed revival of Zimbabwe Iron and Steel Company (ZISCO) is moving into a new phase under the Mutapa Investment Fund, but the state-backed restructuring is proceeding against a significant information deficit, with the steelmaker still lacking audited financial…...