Zimbabwe's platinum mining sector could benefit from an indefinite strike embarked upon by South Africa's platinum mine workers through increased global platinum prices due to reduced market supply, a...
Zimbabwe's mining royalties slumped by 45 percent to $133,7 million against a target of $245 million in the full year to December 2013, casting further doubt on the country's 2014 economic projections...
THE Supreme Court has ordered Mr Johannes Tomana, the Prosecutor - General, to issue a certificate to privately prosecute Telecel shareholder Jane Mutasa within five days on charges of swindling the m...
Imara Edwards Securities released its Zimbabwe macroeconomic report 2013 review and 2014 outlook.A sweet spot for the ZSE in 2013After a largely indifferent year in 2012 the ZSE industrial index repor...
The three auction floors licensed to sell tobacco this year have almost completed preparations for the marketing season which starts on February 19. The Tobacco Industry Marketing Board has licenced B...
Zimbabwe Stock Exchange listed conglomerate, AICO Africa Limited's rights offer to raise $15 million was subscribed by 94,57 percent paving the way for the company to address its legacy debt and ultim...
The Zimbabwe Mining Development Corporation is seeking a strategic partner to help raise $15 million for the resuscitation of its Jena gold mines in the Midlands region. According to a project documen...
The industrial Development Corporation plans to merge two of its subsidiaries, Olivine industries and Surface Investments in order to attract investment for the revival of the companies.Addressing the...
The Antwerp Diamond World Centre (AWDC) said on Tuesday it is pinning its long term survival on Zimbabwe, a a key emerging producer in the world, the New Ziana reported.The Belgium based AWDC, which c...
Mining companies appear to be now toeing the line regarding Government's steadfast position on the urgent need to optimise benefits from minerals through beneficiation and have started backing their c...
Zimbabwe will enforce the "use-it-or-lose-it" principle with respect to mining companies' land, according to a copy of the Finance Bill 2014 obtained by Bloomberg News. Any unworked land will be trans...
Mimosa production was stable and costs reduced further, in line with management's expectations. Unfortunately Mimosa does not benefit from a weakening currency and hence the lower Dollar metal prices ...
Aquarius Platinum Limited, the world's fourth-largest platinum miner, which jointly own Mimosa Platinum with Implats said proposed tax changes and regulatory uncertainty in Zimbabwe had impacted its a...
Zimbabwe will account for over a quarter of the world diamond output in the next decade following the success of its first auction, the leading hub for rough diamond trade said on Monday. Zimbabwe hel...
State-owned national carrier Air Zimbabwe reportedly failed to resume flights to London last November amid reports that are airline has a $3 million outstanding debt for airport, navigation fees and c...
THE country's largest cigarette manufacturer, British American Tobacco Zimbabwe (BAT) has reaffirmed its total commitment to continue operating in the country and promote value addition on the country...
POSTAL services provider, Zimpost intends to start an insurance business this year, an official said.Currently, Zimpost is an agent of insurance companies such as NicozDiamond and Champions Insurance ...
Loss making sugar refinery Starafrica Corporation said on Thursday it has found new buyers for two main assets it is disposing as means to raise capital to pay off its debt, the New Ziana reported.In ...
TELECEL, Zimbabwe is the second largest mobile phone network, says it targets to expand its telecommunications network in most rural areas in the Matabeleland region this year. The mobile service oper...
ECONET Wireless Zimbabwe says more than $200 million is being transacted per month through the telecommunication's mobile money transfer platform, EcoCash, resulting in the transformation of the count...
Air Zimbabwe (Private) Limited was prejudiced of €5 895 695,49 and $1 298 827,88 - totalling around $11 million - in a 4-year aviation insurance scam involving top management at the airline, a...
Competition in the fast food retail business is intensifying as established brands aggressively roll out branch network expansion projects. New players in the fast food business are adopting innovativ...
A legal tussle is looming after the provisional liquidator of Trust Bank Corporation called on depositors to fill claim forms despite a High Court reprieve given to Trust to submit an opposing affidav...
Electricity users on the pre-paid platform will continue to endure the inconvenience of purchasing their units at a few local outlets as the tender to choose aggregators to retail them was recently ca...
Government has said that of the 7 diamond mines in Chiadzwa, only Mbada Diamonds has actively invested in capital-intensive equipment that is meant to exploit underground resources. Most of the mines ...