INDUSTRIALS & ENERGY

PPC to restructure board

Listed cement producer PPC Zimbabwe (whose parent firm is based in South Africa) has announced that it is looking to restructure its board, in a bid to strengthen it. In a notice to shareholders, PPC ...

By Staff reporter | Published: 27 February 2018

MINING & RETAIL

Asa Resource Group firms plead insolvency

At least 10 companies owned by Asa Resource Group (Asa) are pleading insolvency, accusing Chinese executives of breaching exchange control regulations, that has, in turn, resulted in the underperforma...

By Staff reporter | Published: 27 February 2018

INDUSTRIALS & ENERGY

ZPC 'completes' Kariba extension

THE Zimbabwe Power Company (ZPC) will today start an around the clock seven day test run for unit number 8 of the Kariba South extension project.The exercise will test performance and functionality of...

By Staff reporter | Published: 27 February 2018

MINING & RETAIL

De Beers in no rush for Zimbabwe return

LEADING global diamond trading, exploration and mining company De Beers Group remains focused on other African countries in which it is already established with no rush to return to Zimbabwe, our Hara...

By Staff reporter | Published: 27 February 2018

TRANSPORT & TOURISM

NRZ deploys new wagons

THE National Railways of Zimbabwe (NRZ) says it has immediately deployed the newly acquired wagons from South Africa to industrial customers as it braces for serious business under the interim re-capi...

By Staff reporter | Published: 27 February 2018

TRANSPORT & TOURISM

fastjet looking Embraer E145 pilots for Zimbabwe

fastjet is pleased to invite applications from suitably qualified pilots for the positions of Embraer E145 Captain and First Officer respectively for our Zimbabwean base in Harare. General requirement...

By fastjet | Published: 26 February 2018

INDUSTRIALS & ENERGY

Merlin seeks removal from judicial management

BULAWAYO-BASED textile firm, Merlin will later this year apply for removal from judicial management once an agreement with an unnamed institutional investor for $30 million capital outlay is reached.T...

By Staff reporter | Published: 26 February 2018

INDUSTRIALS & ENERGY

'No need to merge NetOne, Telecel'

THERE is no need to merge NetOne and Telecel Zimbabwe as they have turned the corner, and are now performing well.Government holds 100 percent shareholding in NetOne and 60 percent in Telecel.The rema...

By Staff reporter | Published: 26 February 2018

LANDS & AGRICULTURE

CFU pledges to work with Govt

The Commercial Farmers' Union has pledged to work with Government in boosting agricultural productivity to ensure that industry contributes to national economic growth and development. Speaking at th...

By Staff reporter | Published: 26 February 2018

MINING & RETAIL

Mutare houses converted to illegal diamond centres

Several houses in the leafy suburbs of Mutare have reportedly been converted into illegal diamond trading centres by a syndicate of foreigners that is receiving the precious stones from artisanal diam...

By Staff reporter | Published: 26 February 2018

MINING & RETAIL

Foreign investors expected for mining indaba

International investors will get a chance to consider the vast investment opportunities in Zimbabwe's growing mining sector at a mining indaba to be held from February 27-28 2018 at Meikles Hotel in H...

By Staff reporter | Published: 26 February 2018

MINING & RETAIL

Gaika Mine reopens after 20 years

GAIKA Gold Mine in Kwekwe, which ceased operations in 1998 under unclear circumstances, has been re-opened under a Community Ownership Scheme.The Community Ownership Scheme is the brainchild of youths...

By Staff reporter | Published: 25 February 2018

INDUSTRIALS & ENERGY

Oil producers finally fortifying products

THE country's cooking oil producers have all complied with Government's directive to fortify their products.Oil Expressers Association of Zimbabwe (OEAZ) president Mr Busisa Moyo confirmed that all oi...

By Staff reporter | Published: 25 February 2018

LANDS & AGRICULTURE

Artificial insemination to revive livestock production

THE Zimbabwe Agricultural Society (ZAS) in collaboration with the country's largest platinum producer, Zimplats has embarked on an extensive livestock revitalisation programme aimed at improving the q...

By Staff reporter | Published: 25 February 2018

INDUSTRIALS & ENERGY

NRZ workers to get salaries

THE National Railways of Zimbabwe (NRZ) will channel part of the royalties obtained from its joint venture arrangements towards settling its outstanding debts including its employees' salary backlog, ...

By Staff reporter | Published: 25 February 2018

LANDS & AGRICULTURE

GMB seeks funds to buy maize driers

THE Grain Marketing Board (GMB) is seeking funds to buy maize driers to dry maize that will be delivered to their depots with moisture content above the recommended standard as it readies for this yea...

By Staff reporter | Published: 25 February 2018

LANDS & AGRICULTURE

Arda secures US$55m investment

Investors continue lining up to get a share of the action in Zimbabwe, raising hopes of speedy economic recovery after almost two decades of depressed FDIs.The Sunday Mail understands that Canadians, ...

By Staff reporter | Published: 25 February 2018

MINING & RETAIL

Mining takes centre stage

Although the Mining Index of the Zimbabwe Stock Exchange (ZSE) has softened by 8 percent since beginning of the year, experts say mining stocks remain in good stead to export and generate foreign curr...

By Staff reporter | Published: 25 February 2018

MINING & RETAIL

'Diamond revenue to date not anywhere near $15bn'

THE Minerals Marketing Corporation of Zimbabwe (MMCZ) has revealed that the country has to date sold diamonds worth $2,4 billion as calls become louder for investigations into the alleged $15 billion ...

By Staff reporter | Published: 25 February 2018

MINING & RETAIL

Mining sector needs $7bn

ZIMBABWE's mining companies need over US$7 billion to recapitalise their operations over the next five years to raise production and reach optimum capacity.It is expected that when fully capitalised, ...

By Staff reporter | Published: 25 February 2018

INDUSTRIALS & ENERGY

Zim revives fuel pipeline deal with Botswana

ZIMBABWE has revived plans to extend its Feruka fuel pipeline to Francistown in Botswana, businessdigest can reveal.Plans to stretch to Francistown the Feruka fuel pipeline, which links Zimbabwe and M...

By Staff reporter | Published: 23 February 2018

TRANSPORT & TOURISM

RwandAir to fly Harare-Cape Town route

Rwanda's national air carrier, RwandAir has confirmed it will make in its maiden flight on the Harare-Cape Town route on May 16, 2018 as it seeks to grow destinations. RwandAir becomes the first airli...

By Staff reporter | Published: 23 February 2018

MINING & RETAIL

ACF eyes electric arc furnace project

Kwekwe-based chrome miner African Chrome Fields (ACF) is in talks with a number of potential partners including ZimAlloys for joint value addition projects expected to result in at least two electric ...

By Staff reporter | Published: 23 February 2018

INDUSTRIALS & ENERGY

Contaminated fuel shuts filling station

A HARARE filling station shut down its operations on Tuesday after it emerged that its petrol was contaminated with water. Engen Petroleum at the corner of Kaguvi Street and Robert Mugabe Road had to ...

By Staff reporter | Published: 23 February 2018

MINING & RETAIL

Zimbabwe to sue De Beers

Parliament has started gathering substantive evidence to build a case against the world's leading diamond trading, De Beers Group which collected and exported diamonds when it held only an Exclusive P...

By Staff reporter | Published: 23 February 2018

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