CANADIAN-based mineral exploration company, Chimata Gold Corp, has commenced drilling works at the Kamativi lithium project in Matabeleland North Province.The lithium deal is expected to unlock more t...
The Zimpapers Group has made some new appointments, as the media group seeks to consolidate its position as a market leader in content generation and provision.The group is known as a content hub, whi...
Government is working on a new diamond and platinum mining policy to replace the 51-49 percent shareholding requirement that regulates the two minerals.The policy, which was removed a few months ago o...
ECOBANK Zimbabwe managed to secure over $100 million in lines of credit from group associates last year for onlending towards the importation of fuel, fertilisers, mining equipment and edible oils raw...
The Insurance and Pension Commission has thrown a lifeline to funeral assurance firms failing to meet the $2,5 million minimum capital requirements by allowing struggling entities to comply with the r...
Toyota Zimbabwe had a four-part celebration that included opening of new premises in Msasa, introduction of the new general diesel engine Hilux and a Fortuner.The celebrations also included the 50th a...
The Industrial Development Corporation (IDC) has sold its 15 percent stake in Scaw Metals Group's Grinding Media, South Africa, to a United States of America firm, Magotteaux International as it seeks...
Zimbabwe Stock Exchange listed entity Lafarge Cement is looking for a strategic business partner for its special products segment where it seeks to grow existing brands as well as introduce new produc...
Five major global investors are vying to partner listed resources group RioZim Limited for its apparently lucrative multi-billion Sengwa thermal power project, management has said. Interest in the pro...
Global Platinum Resources and its Chinese partner, Wanbao Rexco, this week announced plans to revive operations at its 520 million ounces platinum reserves along the Great Dyke belt. Parties to the $1...
A top Indian health firm, Ajanta Pharma, has signed a letter of intent with Government to take over CAPS Pharmaceuticals and revive its operations. Further, the company intends to set up a top-notch h...
Turnall Holdings Ltd has successfully concluded payment arrangements with key creditors it owed US$25 million in a crucial deal that will go a long way in restructuring the company's capital structure...
Zimbabwe wants mining companies operating in the country to list the majority of their shares on the local exchange, stirring uncertainty among investors as the nation with the world's biggest platinu...
Mbada Diamonds has approached the High Court seeking to secure its diamonds that continue to be sold by the government-owned Zimbabwe Consolidated Diamond Company (ZCDC). The comes after a court order...
An ugly fight has erupted among top executives at agro-industrial firm Cottco Holdings over a contentious sell of lint to a local merchant that overseas buyers had allegedly paid for in advance. The t...
Global watchdog Human Rights Watch on Thursday urged Zimbabwe to take urgent steps to stem child labour and other rights abuses on the country's tobacco farms.In a report titled "Bitter Harvest", the ...
THE First Mutual Life the board today declared a dividend of 0.15 cents per share for the year ended 31 December 2017 payable in respect of all the ordinary shares of the company. According to the com...
STRONG revenue growth led to an 83 percent surge in profit at Barclays Bank of Zimbabwe, which posted $19,8 million during the year to December 31, 2017, up from $10,8 million the previous year.Managi...
FBC Holdings (FBCH) says it will reintroduce share buy-backs this year following an amendment to the Banking Act that lifted restrictions on the practice.Speaking at an analysts briefing last week, gr...
FINANCIAL services behemoth, Old Mutual (OM) says the value of its listed equity investments has so far this year fallen by 11,5 percent due to self-correction on the domestic bourse which experienced...
ZIMBABWE-FOCUSED gold miner, Caledonia, says it anticipates an increase in income during the current financial year, driven by a 7,5 percentage point increase in export incentives paid to gold miners ...
DUAL-LISTED financial services group, NMBZ Holdings, increased portfolio of Treasury Bills (TBs) by 273 percent during the year to December 31, 2017.Financial results from the Zimbabwe Stock Exchange-...
GOLD and lithium developer Prospect Resources has cemented an agreement with Hong Kong-listed Sinomine Resources Exploration, which will see the development of the Arcadia lithium project, in Zimbabwe...
A TOP United States magazine, Business Insider, has listed Victoria Falls as Africa's only must visit destination this April.The resort town, which harbours one of the world's seven wonders, was named...
NATIONAL airline, Air Zimbabwe's operations have been crippled following the breakdown of eight of its planes, leaving only two servicing all its routes leading to delays and postponement of flights.A...
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