THE price of diesel 50 will drop from $1,36 per litre to $1,24 per litre when government phases out diesel 500, Energy minister Simon Khaya Moyo said on Wednesday.Responding to a question by Gokwe MP ...
By Staff reporter | Published: 09 February 2018
THE Zimbabwe Miners' Federation (ZMF) has welcomed the Government's move to increase the gold support facility by 102 percent to $150 million saying this will increase gold production.Presenting the 2...
By Staff reporter | Published: 09 February 2018
SOME of the world's top digital companies have shown interest in investing in Zimbabwe's Information Communication Technology (ICT) sector as the country continues to open its doors for business.A num...
By Staff reporter | Published: 09 February 2018
Metallon Gold Corporation has suspended mining operations at its Mazowe Gold Mine due to serious operational challenges. Information is that the gold mining group has been facing challenges that inclu...
By Staff reporter | Published: 09 February 2018
Bindura Nickel Corporation says it will soon approach local banks to negotiate for $6 mln funding facilities it requires to complete the reconstruction of its Trojan Nickel smelter. Managing Director ...
By Staff reporter | Published: 09 February 2018
Mines Minister Winston Chitando says government it will finalize the Mines and Minerals Amendment Bill into an Act by the end of March this year, with former Mines Minister Walter Chidhakwa partly bla...
By Staff reporter | Published: 09 February 2018
Government has started working on plans to build lithium testing laboratories in Kwekwe, as the demand for the rare earth mineral skyrockets on global markets, making it a potential game-changer for Z...
By Staff reporter | Published: 09 February 2018
Zimbabwe's largest financial services group by asset base, CBZ Holdings, has begun the hunt for a new chief executive to replace Never Nyemudzo who retired on December 31, 2017. Nyemudzo, who retired ...
By Staff reporter | Published: 09 February 2018
FOREIGN investors have tabled offers to buy shareholding in state-owned mobile operators NetOne and Telecel as well as fixed-line telecoms company TelOne, which are all desperate for a fresh capital i...
By Staff reporter | Published: 09 February 2018
THE decision by government to invest in Telecel Zimbabwe where it now has a 60% controlling stake was done in order to resolve shareholder conflicts in the company as well as to empower Zimbabweans, a...
By Staff reporter | Published: 09 February 2018
PLATINUM mining company Zimplats says the redevelopment of Bimha Mine remains on schedule to reach full production in April 2018.Bimha Mine, which collapsed in 2014, affected output, resulting in a 50...
By Staff reporter | Published: 09 February 2018
NMBZ Holdings has secured in excess of US$56 million worth of lines of credit in the last five years to fund various projects, but is yet to draw down on some of them due to foreign currency shortages...
By Staff reporter | Published: 09 February 2018
Foreign investors have tabled offers to buy shareholding in state-owned mobile operators NetOne and Telecel as well as fixed line telecoms company TelOne, which are all desperate for a fresh capital i...
By Staff reporter | Published: 09 February 2018
A LEAST 5 000 smallholder tobacco growers have benefitted from the Tobacco Input and Credit Scheme that was introduced this season to rescue those rejected by tobacco contractors. The inputs scheme wa...
By Staff reporter | Published: 09 February 2018
Government excessive borrowing on the local banking sector is weakening the overall financial services market, with continued issuance of Treasury Bonds and overdrafts at the Central Bank escalating t...
By Staff reporter | Published: 09 February 2018
De Beers may follow its resumption of exploration for diamonds in the Northern Cape by looking in the longer term at opportunities in countries like Zimbabwe and the Democratic Republic of Congo."I'm...
By Bloomberg | Published: 08 February 2018
In a dual development set to transform Africa's access to China as well as simplify the ability of Chinese nationals to transact in Africa, Stanbic Bank Zimbabwe's parent company, Standard Bank, has ...
By Staff reporter | Published: 08 February 2018
THE Zimbabwe Tourism Authority (ZTA) has appointed former Zimpapers marketing and social media manager Mr Godfrey Koti as head of corporate affairs.He replaces Mr Sugar Chagonda who left the tourism a...
By Staff reporter | Published: 08 February 2018
GOVERNMENT has so far accrued a $1,2 billion overdraft with the Reserve Bank of Zimbabwe with the new monetary policy statement prescribing to mitigate the unintended consequences of excess governmen...
By Staff reporter | Published: 08 February 2018
Zimbabwe's Mines minister Winston Chitando has admitted that the country has no record of its untapped mineral resources because there has not been any exploration work for the past decades.Chitando ...
By Staff reporter | Published: 08 February 2018
THE defunct asbestos mining giant, Shabanie and Mashaba Mines (SMM), has bought de-watering equipment from Europe in preparation for resumption of operations after more than a decade of closure.SMM ce...
By Staff reporter | Published: 07 February 2018
ZIMBABWE earned more than $100 million from exporting 14.2 million kilogrammes of tobacco across the world in January, official figures show.Statistics from the Tobacco Industry and Marketing Board (T...
By Staff reporter | Published: 07 February 2018
African Chrome Fields (ACF), which has invested more than $220 million in chrome mining along the country's mineral-rich Great Dyke, is lining up an additional $100 million investment in gold mining, ...
By staff reporter | Published: 07 February 2018
Trade Kings Zimbabwe says it is confident of generating foreign currency for the country after completing its $20 million detergent manufacturing plants.The fast-moving consumer goods (FMCG) company, ...
By Staff reporter | Published: 06 February 2018
An Air Zimbabwe (AirZim) plane failed to travel from the OR Tambo International Airport in Johannesburg after it ruptured its two rear tyres on Friday morning.The flight, Boeing 767, which was being f...
By Staff reporter | Published: 06 February 2018
Zimbabwe army warns public over fake recruitment 
Mugabe son paid shooting victim R400k, court told 
Trump admin launches $166B tariff refund portal 
Gold-backed ETF set for VFEX debut 
Fuel shock drives Zimbabwe inflation higher 
Zimbabwe mobile sector grows as data usage surges 
Young Investment Professional (YIP) Graduate Programme 2019 
Young Investment Professional (YIP) Graduate Programme 2019
