Business

Nigerian industrialist Aliko Dangote has finalized investment agreements with Zimbabwe exceeding one billion dollars across cement manufacturing, power generation and petroleum distribution sectors. The billionaire entrepreneur met with President Emmerson Mnangagwa in Harare to formalize commitments that include establishing fuel infrastructure connecting Namibian storage facilities to southern African markets through pipeline networks. Dangote operates the…

The Mutapa Investment Fund has formalized an anticorruption agreement with Zimbabwe’s Anti-Corruption Commission at its Harare offices, pledging to enhance transparency and ethical practices in managing state resources. Chief executive John Mangudya characterized the arrangement as institutional dedication to embedding anticorruption measures throughout governance and procurement operations while supporting objectives outlined in the National Development…

Nigerian billionaire Aliko Dangote arrived in Zimbabwe for exploratory discussions about potential investments in the southern African nation, according to presidential communications official George Charamba. The industrialist met with President Emmerson Mnangagwa as part of a reconnaissance mission to assess opportunities in the energy and fertilizer sectors. Dangote Industries Limited operates across multiple industries, including…

Banking and financial sector specialists gathered at the Reserve Bank of Zimbabwe’s Annual National Financial Inclusion Conference have emphasized the need for sustainable, innovative approaches to expand access to financial services. The event assembled representatives from nongovernmental organizations, development partners, fintech enterprises and regional thought leaders to address inclusion challenges under a theme centered on…

Zimbabwe property developers report that taxes and levies consume over 25 percent of total project costs, creating substantial barriers for smaller industry participants. Arnold Khanda from the Property Developers Association of Zimbabwe characterized the regulatory burden as excessive, noting that application fees for cluster home projects have surged from 250 dollars to approximately 5,000 dollars…

Jersey-domiciled Caledonia Mining Corporation reported profit after tax reaching 53.41 million dollars for the nine months through late September, representing a 243.8 percent increase driven by record precious metal valuations. Gold prices climbed 47.23 percent to 3,863.10 dollars per ounce while production advanced 3.6 percent to 58,846 ounces, generating revenue growth of 42.4 percent to…

Epidemic Sound has introduced Studio, an artificial intelligence product that automatically generates soundtracks by combining human-created music with sound effects and ambient audio for video content. The Stockholm music licensing company analyzes uploaded videos through technology informed by more than three billion daily plays across digital platforms to synchronize audio elements with visual material while…

Deezer reports that fully artificial intelligence-generated music represents 34 percent of daily track deliveries to the French streaming platform, which currently receives more than 50,000 such recordings each day. The figure shows substantial growth from earlier measurements and suggests the service handles approximately 147,000 total daily uploads. The platform detects fraudulent streaming activity in as…

Merlin has selected Charlie Lexton as its next Chief Executive Officer, starting in the new year, with current leader Jeremy Sirota departing after almost 20 years with the organization. Lexton joined the independent music rights agency at its founding and has held the Chief Operating Officer position since 2020, playing a central role in negotiations…

Talent management firm Bigfoot Music Management has merged with Milk & Honey, bringing its roster of electronic music artists including Adam Beyer and Joris Voorn, into the larger organization. Jeremy Ford, who has managed Beyer for years, will assume the role of Senior Vice President of Electronic for Milk & Honey worldwide while working from…