MINING & RETAIL

Zim platinum production expected to drop 9%

Platinum production in Zimbabwe decreased to 105 000 ounces in the second quarter of this year, a 13 percent decline compared to the same period last year, the World Platinum Investment Council (WPIC...

By Ngoni Shenjere | Published: 06 September 2017

MINING & RETAIL

Vast Resources ramps up gold production

London-listed mining firm Vast Resources says gold production at its Zimbabwean unit went up by 36 percent to 4 037 ounces in the second quarter to June 2017.Vast Resources owns Pickstone-Peerless gol...

By Staff reporter | Published: 06 September 2017

MINING & RETAIL

Zim retailers raise alarm on food shortages

Retailers in Zimbabwe want the central bank to put a speedy end to foreign payment bottlenecks for suppliers of goods and commodities to shops in the country. This comes as shortages have started to e...

By Staff reporter | Published: 06 September 2017

INDUSTRIALS & ENERGY

Shepco's unit eyes 40% capacity by December

SHEPCO Group's bolt manufacturing division - Shepco BMA Fasteners - seeks to increase its capacity utilisation by 19,3% by December this year as it continues consolidating its market share, an officia...

By Staff reporter | Published: 06 September 2017

MINING & RETAIL

Chrome miner says fuel duty-free status above board

Africa Chrome Fields (Pvt) Ltd, a subsidiary of South African mining company Fanshawe Mining Holdings, which recently came under the spotlight after Government, through the Ministry of Transport and I...

By Staff reporter | Published: 06 September 2017

INDUSTRIALS & ENERGY

Merlin pins revival hopes on SEZs initiative

DEFUNCT textile firm, Merlin is set to tap into the Special Economic Zones model following its proposal to establish a ginnery expected to add impetus to the firm's survival when it re-opens.Under the...

By Staff reporter | Published: 06 September 2017

TELECOMS & TECHNOLOGY

Businessman loses airtime row against Econet

A Bulawayo businessman has been ordered to pay Econet Wireless more than $94 000 for the airtime recharge cards advanced to his company on credit.In addition, Mr Clifford Manungo lost a stand measurin...

By Staff reporter | Published: 06 September 2017

INDUSTRIALS & ENERGY

Paper Mills blows thousands on imports

KADOMA Paper Mills, a division of the Zimbabwe Stock Exchange-listed ART Corporation is losing thousands of dollars per month importing waste paper among other raw materials from South Africa and Bots...

By Staff reporter | Published: 06 September 2017

TELECOMS & TECHNOLOGY

High Court withholds ruling on Kwese TV

The High Court yesterday withheld ruling on whether an application by Econet Group's pay television service, Kwese TV, in which it is challenging the Broadcasting Authority of Zimbabwe (Baz) over an o...

By Staff reporter | Published: 06 September 2017

MINING & RETAIL

Zimplats competes Ngezi Phase 2 expansion project

ZIMBABWE'S largest platinum producer, Zimplats, says Ngezi Phase 2 expansion project is almost complete and is expected to start production next year.Implats' Zimbabwe unit said $458 million has been ...

By Staff reporter | Published: 05 September 2017

MINING & RETAIL

SMM complete report on Gaths Mine reopening

EXECUTIVE management at Shabanie Mashava Mines (SMM) has completed a report detailing financial and technical requirements for revival of the closed Gaths Mine in Mashava, which holds huge deposits of...

By Staff reporter | Published: 05 September 2017

LANDS & AGRICULTURE

Zimbabwe targets 170,000ha for maize

GOVERNMENT says nearly 40 000 farmers have registered to grow maize during the 2017/17 farming season with over 170 000 hectares of land targeted for the crop.A total of 39 714 farmers, including inst...

By Staff reporter | Published: 05 September 2017

TELECOMS & TECHNOLOGY

Masiyiwa's Kwese TV launches in Botswana

Pan-African pay-television network Kwese TV has launched its satellite broadcasting service in Gaborone, reports Mmegi. Kwese Free Sport was first introduced to viewers in Botswana in March but now th...

By Staff reporter | Published: 05 September 2017

INDUSTRIALS & ENERGY

Farm & City seeks $2m working capital

Old time farmers in Zimbabwe have one or two experiences to share concerning Farm & City, one of the country's major agricultural and hardware retail companies.That experience or testimonial will ...

By Staff reporter | Published: 05 September 2017

MINING & RETAIL

Makomo exports increase in Q2

Makomo Resources Limited, Zimbabwe's largest coal miner said exports peaked during the second quarter, largely driven by high demand from the regional countries.Coking coal and washed peas exports ros...

By Staff reporter | Published: 05 September 2017

LANDS & AGRICULTURE

Maize seed demand up 50%

ANNUAL demand for maize seed in Zimbabwe has increased 50 percent to 37 500 tonnes compared to 25 000 tonnes that was required prior the land redistribution programme in year 2000, while seed producer...

By Staff reporter | Published: 05 September 2017

INDUSTRIALS & ENERGY

NOIC targets October for $6m ethanol depot

THE National Oil and Infrastructure Company (NOIC) is targeting to complete its 3 million litre ethanol storage facility in Harare next month as it readies for higher petrol blending ratios meant to r...

By Staff reporter | Published: 05 September 2017

LANDS & AGRICULTURE

Irrigated tobacco preps underway

PREPARATIONS for the 2017 irrigated tobacco growing season are underway with the farmers expected to transplant the seedlings at the end of the month.The golden leaf, which is one of Zimbabwe's major ...

By Staff reporter | Published: 05 September 2017

MINING & RETAIL

ZCDC waiting on EMA for Gache-Gache

THE Zimbabwe Consolidated Diamond Mining Company (ZCDC) is doing exploratory work and evaluation at Gache-Gache in Kariba ahead of commencement of alluvial gold mining in the area.Government directed ...

By Staff reporter | Published: 05 September 2017

MINING & RETAIL

African chrome fields to commission $15m plant

AFRICAN Chrome Fields (ACF) is set to commission a $15 million state-of-the-art aluminothermic plant to process chrome fines into ferrochrome by February next year, a company official said yesterday.T...

By Staff reporter | Published: 05 September 2017

LANDS & AGRICULTURE

Cottco closes selling points

Cotton Company of Zimbabwe has closed most of its depots in Masvingo to mark the end of the selling season, amid projections that the province was poised for a bumper harvest after favourable rains in...

By Staff reporter | Published: 05 September 2017

LANDS & AGRICULTURE

Zim adopts harmonised Comesa seed regulations

ZIMBABWE today launched harmonized Common Markets for Eastern and Southern Africa Seed Regulations, which it has domesticated as part of regional efforts to enable free trade of seed varieties across ...

By Staff reporter | Published: 04 September 2017

MINING & RETAIL

Hwange pushes for more coal uptake

Hwange Colliery Company is pushing for more uptake of coal in the tobacco curing process in order to reduce deforestation. Farmers particularly in small scale production are still heavily reliant on f...

By Staff reporter | Published: 04 September 2017

FINANCIAL SERVICES

FML shareholders okay NicozDiamond takeover

FIRST Mutual shareholders have approved directors' proposals to the entire issued share capital of Zimbabwe's biggest short term insurer, NicozDiamond.FML will now acquire from its anchor Shareholder,...

By Staff reporter | Published: 04 September 2017

INDUSTRIALS & ENERGY

Govt focuses on engineering sector revival

Government is focusing on the revival of the engineering sector in Bulawayo so that it can service other economic clusters that need machinery such as mining.The need to revive the engineering sector ...

By Staff reporter | Published: 04 September 2017

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