MINING & RETAIL

Mnangagwa commissions $4,2bn platinum project

President Emmerson Mnangagwa has officiated at the groundbreaking ceremony of a $4,2 billion platinum mining project at Karo Resources' Mhondoro-Ngezi mining site, where he noted that projects of this...

By Staff reporter | Published: 24 July 2018

INDUSTRIALS & ENERGY

Mutoko Power Station amends licence

Nyangani Renewable Energy Limited trading as Riverside Power Station, a company licensed under the Electricity Act to construct, own and operate a 2.5 MW solar plant at Musvaire Village in Mutoko, Mas...

By Ngoni Shenjere | Published: 24 July 2018

INDUSTRIALS & ENERGY

Pressure on petrol prices

Petrol prices are marginally increasing at some pump stations after holding steady for the better part of the month.Observers fear the increases, blamed on bottlenecks in the supply chain, could have ...

By Staff reporter | Published: 24 July 2018

LANDS & AGRICULTURE

Raw milk production projected to grow by 12% in 2018

ZIMBABWE'S raw milk production is projected to grow by an average of 12% in 2018, buoyed by government's dairy revitalisation programme which aims at increasing the national herd, an official has said...

By Staff reporter | Published: 24 July 2018

MINING & RETAIL

Small-scale miners receive a major boost

At least 90 plus small scale miners are set to benefit through the opening of Bubi Gold Service Centre in Matabeleland NorthZimbabwe Miners' Federation (ZMF) spokesperson, Dosman Mangisi said the sett...

By Staff reporter | Published: 24 July 2018

TELECOMS & TECHNOLOGY

OneMoney spurs NetOne active subscriber base

MOBILE telecommunications firm, NetOne, says its mobile financial service - OneMoney - increased its active subscribers by more than 49% in the first quarter of the year, due to the increase in the us...

By Staff reporter | Published: 24 July 2018

LANDS & AGRICULTURE

Tobacco output reaches record high

ZIMBABWE's tobacco output has reached a record high of 237.1 million kg just before the end of the 2018 selling season, statistics from the Tobacco Industry and Marketing Board (TIMB) show.This year's...

By Staff reporter | Published: 24 July 2018

MINING & RETAIL

RHA Tungsten set to resume operations

DIVERSIFIED and Zimbabwe focused mining group, Premier African Resources is set to resume operations at its RHA Tungsten project at Kamativi after finalisation of equity restructuring with the Governm...

By Staff reporter | Published: 24 July 2018

TELECOMS & TECHNOLOGY

Maitengwe finally gets mobile connectivity

THE era of reliance on mobile connectivity from neighbouring Botswana is over for Maitengwe community in Bulilima West constituency following yesterday's official commissioning of a shared base statio...

By Staff reporter | Published: 24 July 2018

INDUSTRIALS & ENERGY

Firm eyes $1 million machinery upgrade

One of the country's leading manufacturer and supplier of stationery products, Rank Zimbabwe, plans to inject approximately $1 million into a new machinery that will among other things allow the compa...

By Staff reporter | Published: 24 July 2018

MINING & RETAIL

Blanket Mine gold output stagnates

LONDON Stock Exchange-listed resources firm Caledonia Mining Corporation says gold output at its Zimbabwean unit, Blanket Mine, went up one percent to 25 582 ounces for the half year ended June 30, 20...

By Staff reporter | Published: 23 July 2018

Pickstone gold output up 10%

AIM-listed junior miner Vast Resources (Vast) says gold production at its Pickstone Peerless mine increased by 10 percent to 6,969 ounces in the quarter ended June 30, 2018 compared to 6,326 ounces re...

By Staff reporter | Published: 23 July 2018

INDUSTRIALS & ENERGY

Zim government hikes duty on fabrics

FABRIC prices have spiked after government increased import duty on polyester in a bid to protect local industries, The Financial Gazette reported.Depending on the composition and type of fabric, the ...

By Staff reporter | Published: 23 July 2018

Zimbabwe govt praises fastjet

Transport and Infrastructural Development Minister Dr Joram Gumbo said Government was happy that fastjet, a low cost airliner, has launched direct flights between Harare and Bulawayo.Dr Gumbo said the...

By Staff reporter | Published: 23 July 2018

TRANSPORT & TOURISM

'Open skies policy won't hurt Air Zimbabwe'

Government says the "managed liberalisation" of domestic routes to allow other airlines such as fastjet will not negatively impact on Air Zimbabwe's revival chances, Transport and Infrastructural Deve...

By Staff reporter | Published: 23 July 2018

TELECOMS & TECHNOLOGY

Minister commissions Information Centre

Provincial Affairs Minister Owen Ncube last week commissioned a Community Information Centre at Manoti Business Centre in Gokwe South. The containerised information centre, which was constructed by Po...

By Staff reporter | Published: 23 July 2018

TRANSPORT & TOURISM

Zimbabwe edges back onto tourist map

After nearly two decades in the doldrums, Zimbabwe's tourism sector is enjoying a rebound, with visitors returning in droves to see the majestic Victoria Falls and explore unspoilt safari reserves.The...

By AFP | Published: 23 July 2018

TRANSPORT & TOURISM

fastjet pledges to help revive Bulawayo

BUDGET airline fastjet says it wants to play a bigger role in reviving tourism in Matabeleland after launching a Harare-Bulawayo service on Friday.The airline, which already has flights between Harare...

By Staff reporter | Published: 22 July 2018

TRANSPORT & TOURISM

Pricing still a challenge, says HAZ

THE Hospitality Association of Zimbabwe has said the industry faces a hurdle in offering cheaper tourism products owing to pricing disparity challenges from the food and ancillary service chain suppli...

By Staff reporter | Published: 22 July 2018

FINANCIAL SERVICES

Business Hub partners ZB Bank

WOMEN empowerment group Rock the Red Business Hub has partnered with ZB Bank Financial Holdings in a bid to use the financial institution as a conduit for women to access funds from the Reserve Bank o...

By Staff reporter | Published: 22 July 2018

LANDS & AGRICULTURE

Free range chicken breeder eyes Asian market

BULAWAYO-BASED women and girl child empowering non-governmental organisation, Upfumi Kumadzimai-Inotho Kubomama is working on embarking on an extensive free range chicken breeding project as it moves ...

By Staff reporter | Published: 22 July 2018

FINANCIAL SERVICES

Agribank secures $30 million for agriculture

AGRIBANK has obtained a $30 million line of credit from the Industrial Development Corporation South Africa (IDCSA) to support the agriculture sector.The facility is favourably priced at Libor +8,9 pe...

By Staff reporter | Published: 22 July 2018

MINING & RETAIL

Chinese firm begins lime production

CHINESE firm, Ming Chang Sino-Africa Mining Investments has started lime production at its $4 million state-of-the-art plant in Bubi District, Matabeleland North Province.Ming Chang plant manager Mr X...

By Staff reporter | Published: 22 July 2018

FINANCIAL SERVICES

Agribank disburses $80m to agric

Agribank has so far disbursed over US$80 million to the agriculture sector as it seeks to boost productivity and foreign currency generation.The bank, which has been directed by Government to focus on...

By Staff reporter | Published: 22 July 2018

INDUSTRIALS & ENERGY

Chinese firms tighten grip on energy sector

INCREASINGLY, Chinese companies are eyeing Zimbabwe's opportunity-packed energy sector with great interest, and those that have been able to get tenders have remarkably excelled.In 2015, for instance,...

By Staff reporter | Published: 20 July 2018
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