LANDS & AGRICULTURE

ZFMA wants ban on finished fertilizer imports

The Zimbabwe Fertiliser Manufacturers Association says Government should ban finished fertilizer imports as manufacturers can produce enough to meet demand if fully supported.ZFMA president Mr Tapuwa ...

By Staff reporter | Published: 18 September 2017

MINING & RETAIL

RHA Tungsten mine gets estimates upgrade

Zimbabwe's RHA Tungsten Project, under development, near Bulawayo has received has had its underground mineral resource estimates upgraded.The RHA Tungsten mine is 49 percent owned by junior resources...

By Staff reporter | Published: 18 September 2017

MINING & RETAIL

Refinery project still a priority in Zim, says Zimplats

Platinum mining giant, Zimplats' $134 million SMC Base Metal Refinery (BMR) refurbishments project remains a priority for the group but continued cash flow constrains arising from depressed metal pric...

By Staff reporter | Published: 18 September 2017

INDUSTRIALS & ENERGY

IDC seeks investor for Zimglass revival

INDUSTRIAL Development Corporation's glass manufacturing firm, Zimglass has started aggressively looking for an investor who can inject $7 million towards the revival of the plant after earlier indica...

By Staff reporter | Published: 18 September 2017

TRANSPORT & TOURISM

New Beitbridge hotel set to boost tourism

A NEWLY built hotel in Beitbridge worth thousands of dollars is set to boost tourism and economic development in the border town as well as create 50 new jobs.The 30-roomed Zhove Leisure Park situated...

By Staff reporter | Published: 18 September 2017

LANDS & AGRICULTURE

Allied Timbers diversifies into fruit trees

ALLIED Timbers Zimbabwe is diversifying into fruit tree production as it seeks to add revenue streams and ensure optimum usage of its vast tracts of land, an official has said.Allied, wholly owned by ...

By Staff reporter | Published: 18 September 2017

INDUSTRIALS & ENERGY

Proplastics targets increased exports

PLASTIC pipe systems manufacturer, Proplastics, is targeting to increase exports to the "ideal 10 percent" from the current two percent as the group has started picking up orders from as far as Sierra...

By Staff reporter | Published: 18 September 2017

MINING & RETAIL

Low prices affect BNC's smelter restart plans

Bindura Nickel Corporation (BNC) has said the smelter restart project has been hampered by cash flow problems, arising from low nickel prices.BNC is a subsidiary of Asa Resources.BNC managing director...

By Staff reporter | Published: 18 September 2017

INDUSTRIALS & ENERGY

Proplastics profit up 287% to $353,000

Plastics manufacturer, Proplastics's net income for the six months to June grew nearly threefold to $352, 946 from $91,243 reported in the same period last year on increased sales and lower finance co...

By The Source | Published: 15 September 2017

MINING & RETAIL

Zimplats profits rises 522%

Zimplats profit after tax for the full year to 2017 increased 522 percent to 45 million from $7 million the previous comparative period.The platinum mine's profit before tax was also up at $100 millio...

By Staff reporter | Published: 15 September 2017

MINING & RETAIL

Dalny Mine boosts RioZim operations

Listed miner RioZim says the growth of its revenues by 16 percent to $37,8 million in the six months to June 2017 was as a result of the acquisition of Dalny Mine.The group recently snapped up Dalny M...

By Staff reporter | Published: 15 September 2017

TELECOMS & TECHNOLOGY

Powertel goes for weeks without internet connectivity

Low cost internet provider, Powertel Communications' internet connectivity has been down for a week, with the parastatal remaining mum over the disservice.The blackout has affected Powertel's, a subsi...

By Takudzwa Chiwara | Published: 15 September 2017

MINING & RETAIL

Implats threatens to close Mimosa mine

IT'S "crunch time" for Impala Platinum's (Implats')  Mimosa mine which is under threat of closure as it cannot not comply with Zimbabwe's beneficiation laws and remain profitable.The Harare gover...

By miningmx | Published: 15 September 2017

FINANCIAL SERVICES

Imara, Kura merge

Imara Asset Management Limited ('Imara') and Kura Capital Limited ('Kura') are merging to create a pan African fund manager with over USD200m of assets under management.Kura is a highly respected, awa...

By Agencies | Published: 15 September 2017

MINING & RETAIL

ZCDC invests $30m in kimberlite mining

THE Zimbabwe Consolidated Diamond Company (ZCDC) has invested $30 million in kimberlite mining and plant equipment from South Africa in a bid to exploit minerals for sustainability and growth.Of the t...

By Staff reporter | Published: 15 September 2017

TELECOMS & TECHNOLOGY

OpenView HD a hit in Zimbabwe

MORE television viewers who were used to MultiChoice's DStv service appear to have found solace in the OpenView HD, a free-to-air satellite TV service meant for the South African market that provides ...

By Staff reporter | Published: 15 September 2017

FINANCIAL SERVICES

CZI calls RBZ to release bond coins not notes

INDUSTRY lobby group, the Confederation of Zimbabwe Industries (CZI) has called on the Reserve Bank to release the additional $300 million, not in notes but in coins as a way of countering the black m...

By Staff reporter | Published: 15 September 2017

TELECOMS & TECHNOLOGY

Ster Kinekor readies for Bulawayo

THE long wait is over for movie lovers in Bulawayo as motion picture power house Ster-Kinekor Zimbabwe will open on September 21 with a movie premiere of The Kingsman: Golden Circle.Ster Kinekor opens...

By Staff reporter | Published: 15 September 2017

TELECOMS & TECHNOLOGY

Econet launches mobile BP, sugar testing device

GIANT telecoms firm, Econet Wireless, has launched a hypertension and sugar level testing device in Bulawayo under its connected health initiative that seeks to enhance access to medical assistance us...

By Staff reporter | Published: 15 September 2017

MINING & RETAIL

RioZim reports increased gold production

MINING concern, RioZim gold production for the half year ended June 30, 2017 rose 13 percent to 873 kilogrammes helping the group's comprehensive profit swing in the positive.RioZim reported $2,9 mill...

By Staff reporter | Published: 15 September 2017

FINANCIAL SERVICES

Women's Empowerment Bank ready to roll

THE setting up of Women Empowerment Bank is at an advanced stage with the bank's chief executive officer already appointed to kick start the financial institution's operations before year-end.The bank...

By Staff reporter | Published: 15 September 2017

MINING & RETAIL

Chamber of mines, UZ in mining growth pact

THE Chamber of Mines of Zimbabwe and the University of Zimbabwe (UZ) penned a memorandum of understanding (MOU) which seeks to operationalise a centre of excellence promoting discovery, recovery, proc...

By Staff reporter | Published: 15 September 2017

TRANSPORT & TOURISM

Sanganai / Hlanganani fully subscribed

The 10th edition of the Sanganai/Hlanganani tourism and travel fair has been fully subscribed with all the exhibition space taken up, the Zimbabwe Tourism Authority (ZTA) said yesterday. Sanganai/Hlan...

By Staff reporter | Published: 15 September 2017

TELECOMS & TECHNOLOGY

Kwesé, Netflix launch unique African play

Africa's newest pan-African broadcaster Econet Media, is proud to announce the launch of its Internet Protocol Television (IPTV) service Kwesé Play - a video streaming service delivered on high-spee...

By Agencies | Published: 14 September 2017

TRANSPORT & TOURISM

Battle for Zim airspace intensifies

TRAVELLERS to Zimbabwe could soon reap the benefits of a price war following the registering of at least half a dozen airlines that are keen to service both local and international routes.Information ...

By Staff reporter | Published: 14 September 2017

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