TELECOMS & TECHNOLOGY

Potraz intensifies consumer awareness campaigns

The Postal and Telecommunications Regulatory Authority of Zimbabwe has increased visibility in most rural areas, after canvassing the country's 10 provinces, teaching mobile network providers' consume...

By Staff reporter | Published: 11 September 2018

LANDS & AGRICULTURE

Sable Chemicals warns of fertiliser crisis

SABLE Chemicals Industries (Sable), Zimbabwe's only manufacturer of ammonium nitrate (AN), says it will only be able to meet just about 38% of national demand this year.AN is a top-dressing fertiliser...

By Staff reporter | Published: 11 September 2018

TRANSPORT & TOURISM

ZTA honours best stand exhibitors

THE Zimbabwe Tourism Authority (ZTA) on Friday presented awards to best stand exhibitors at the just-ended Sanganai/Hlanganani World Tourism Expo that was held in Bulawayo. A total 11 companies scoope...

By Staff reporter | Published: 11 September 2018

MINING & RETAIL

Zimbabwe govt engages Metallon

GOVERNMENT is engaging the country's largest gold producer Metallon Corporation with a view to finding a lasting solution to the miner's problems which has seen it placing hundreds of workers on retre...

By Staff reporter | Published: 11 September 2018

MINING & RETAIL

River Ranch Mine remains idle

River Ranch, a diamond rich mine in Beitbridge, sits quietly with no sign of life on the edges of Limpopo.Its solitude however gives a loud cry for urgent attention.The story of the mine is that of go...

By Staff reporter | Published: 10 September 2018

TRANSPORT & TOURISM

African Sun euphoric about conferencing, foreign visits

AFRICAN Sun Limited (ASL) has announced it will spend $2,1 million in the last quarter of 2018 on refurbishments to improve standards of its hotels and boost occupancy in the future.Africa Sun plans t...

By Staff reporter | Published: 10 September 2018

BUSINESS NEWS

Air Zimbabwe in trouble over internet services debt

NATIONAL airline, Air Zimbabwe (Pvt) Ltd has been taken to court by local internet service provider, Powertel Communications (Pvt) Ltd, over a $18 441 debt for services rendered.On August 17 this year...

By Staff reporter | Published: 10 September 2018

INDUSTRIALS & ENERGY

Delta in accelerated sustainability spending

DELTA Corporation (Delta) says it has invested at least $2,9 million in infrastructure-related corporate social investments under its integrated sustainable development framework.Sustainability is par...

By Staff reporter | Published: 10 September 2018

TRANSPORT & TOURISM

NRZ opens premier coaches to individual passenger bookings

THE National Railways of Zimbabwe (NRZ) has opened its premier class coaches to individual passenger bookings following demand for the service by travellers. Prior to this decision the premier class c...

By Staff reporter | Published: 10 September 2018

MINING & RETAIL

Zimbabwe resumes diamond auction

Zimbabwe resumed diamond auction last week, but attracted fewer international buyers than expected, the Minerals and Marketing Corporation of Zimbabwe said. The auction - the third to be conducted thi...

By Staff reporter | Published: 10 September 2018

FINANCIAL SERVICES

Insurance uptake high - Ipec

THE Insurance and Pensions Commission (Ipec) says Zimbabwe's insurance penetration rate is much higher than the figures reported by PricewaterhouseCoopers (PwC), which ranked the industry fifth in Afr...

By Staff reporter | Published: 09 September 2018

MINING & RETAIL

Investors want proof

There are plenty of new and dormant coal projects in Zimbabwe, which can help improve the economy, says senior coal analyst Xavier Prévost.Zimbabwe has abundant coal resources of a high quality, as s...

By Mining Weekly | Published: 09 September 2018

TRANSPORT & TOURISM

Low uptake for tourism fund

THE $15 million Tourism Revival Fund facility availed by the Reserve Bank of Zimbabwe (RBZ) to prop up the collapsing industry has been lying idle for about seven months with only three industry's pla...

By Staff reporter | Published: 09 September 2018

MINING & RETAIL

Bilboes seeks to expand operations

A LOCAL privately-owned gold mining and exploration concern, Bilboes Holdings is seeking to expand its operations as it moves to ramp up its mineral production.Bilboes Holdings chief executive officer...

By Staff reporter | Published: 09 September 2018

MINING & RETAIL

Gold deliveries peak 24 tonnes in 7 months

THE country is poised to achieve its 30 tonnes gold production target for this year buoyed by the continued increase in deliveries of the yellow metal to Fidelity Printers and Refiners (FPR) by small-...

By Staff reporter | Published: 09 September 2018

FINANCIAL SERVICES

POSB to establish exporters' credit facility

The People's Own Savings Bank (POSB) says it will soon unveil a $10 million line of credit aimed at assisting exporters to secure foreign currency.A persistent trade deficit has plunged Zimbabwe into ...

By Staff reporter | Published: 07 September 2018

TRANSPORT & TOURISM

ZTA wants to restore Bulawayo's tourism legacy

ZIMBABWE Tourism Authority (ZTA)'s chief executive Karikoga Kaseke yesterday said they were committed to restoring Bulawayo's tourism legacy.Addressing a media briefing, Kaseke said they were going to...

By Staff reporter | Published: 07 September 2018

TRANSPORT & TOURISM

Panners pose threat to NRZ tracks

THE National Railways of Zimbabwe (NRZ) has raised the red flag over illegal gold panning activities close to railways tracks, a situation which could result in the rail collapsing under the weight of...

By Staff reporter | Published: 07 September 2018

MINING & RETAIL

Global platinum market headed for surplus

The global platinum market will end the year in a surplus of 295 000 ounces as both supply, from main producers Zimbabwe, South Africa and Russia, and demand for the metal will fall by 2 percent, the ...

By Staff reporter | Published: 07 September 2018

MINING & RETAIL

Zimbabwe to commence diesel production

Zimbabwe will soon start the production of diesel, leveraging on massive coal bed methane the country is endowed with in line with the ethos of mineral value addition, Post Business has reported.Coal ...

By Staff reporter | Published: 07 September 2018

MINING & RETAIL

Debts push Metallon Corporation to the brink

PROPERTY belonging to Zimbabwe's largest gold producer, Metallon Corporation, will be auctioned by the High Court to recover an estimated US$30 million owed to various creditors and workers, as the mi...

By Staff reporter | Published: 07 September 2018

FINANCIAL SERVICES

CBZ not worried by OFAC penalty

Financial services group CBZ Holdings, says the outcome of ongoing investigations by the US Treasury Department's Office of Foreign Assets Control (OFAC) regarding historical transactions involving a ...

By Staff reporter | Published: 07 September 2018

MINING & RETAIL

'Coal-bed methane exploitation to reduce AN costs'

The cost of Ammonium Nitrate (AN) fertiliser, which is largely on the upper side in the country mainly due to high costs of the major component, ammonia, is set to come down once coal - bed methane ga...

By Staff reporter | Published: 07 September 2018

LANDS & AGRICULTURE

Nestle backs Zimbabwe coffee farmers

The Swiss food multi-national Nestle is investing $1.25m (£1m) in Zimbabwe to help revive its coffee industry, news agency Bloomberg reports.It is set to buy nearly all the coffee produced by the cou...

By BBC | Published: 06 September 2018

MINING & RETAIL

Zim retailers concerned with rampant smuggling

THE confederation of Zimbabwe Retailers (CZR) says it is concerned with the rampant smuggling of goods, which has become a threat to the country's industrialisation process.Denford Mutashu, the confed...

By Staff reporter | Published: 06 September 2018
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