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Diaspora investment vehicle launched, targets Zimbabwe opportunities

Diaspora investment vehicle launched, targets Zimbabwe opportunities

A group of Zimbabweans based in the United Kingdom met on Saturday 11 February 2017 in the country’s second city Birmingham to launch the Zimbabwe Diaspora Investment Group (ZiDIG) in the process successfully raising £100,000 as a seed for an investment fund. The company, which will be embarking on a series…

UK based private Zimbabwe Diaspora investment fund launch set for Saturday

UK based private Zimbabwe Diaspora investment fund launch set for Saturday

The Zimbabwe in Diaspora Investment Group (ZiDIG), a private investment outfit is being launched in UK’s second city Birmingham this Saturday, 11 February, 2017. The organisation will be going to market 2017 to raise money for an investment fund from Zimbabweans based abroad and institutional investors. ZiDIG, incorporated and headquartered…

2,500% overnight mobile data price hike in Zimbabwe sparks social media outrage

2,500% overnight mobile data price hike in Zimbabwe sparks social media outrage

Zimbabweans took to social media to express their anger and shock at the up to 2,500% overnight price hike of mobile phone tariffs. This followed a directive from the regulator Posts and Telecommunications Regulatory Authority of Zimbabwe (POTRAZ) which imposed a minimum price mobile network operators (MNOs) should charge their…

Condé Nast names Zimbabwe best place to visit in 2017

Condé Nast names Zimbabwe best place to visit in 2017

Condé Nast Traveler has named Zimbabwe its best destination for travellers to Africa in 2017. The American luxury and lifestyle travel magazine has ranked Zimbabwe 13th in the world and highest placed in Africa on its “Best Places to Travel in 2017” ahead of 14th-placed Rwanda, the only other African…

Vast Resources set for increased gold production in Zimbabwe

Vast Resources set for increased gold production in Zimbabwe

Aim-listed mining company Vast Resources has seen gold production at its Pickstone-Peerless mine, in Zimbabwe, increase 75% in the six months ended September 30, to 9 452 oz. CEO Roy Pitchford on Tuesday said that production at the mine consistently surpassed expectations, having reliably exceeded 20 000 t/m of ore.…

Robert Mugabe, 92, endorsed by party to stand in 2018 presidential election

Robert Mugabe, 92, endorsed by party to stand in 2018 presidential election

Zimbabwe’s ruling party has confirmed that president Robert Mugabe will be its candidate for the 2018 presidential election. That means that the 92-year-old Mugabe will run for re-election at 94, and a win would put him in power until age 99. He has been the only leader Zimbabwe has known…

Why Zimbabwe should be your next holiday destination

Why Zimbabwe should be your next holiday destination

Last month, after years of discussion and a £120 million loan from China, Zimbabwe’s Victoria Falls International Airport was finally opened by President Robert Mugabe. There are no direct flights from the UK as yet, but with a runway capable of handling the world’s largest planes, plus 28 aircraft docking bays…

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