THE Zimbabwe Stock Exchange-listed conglomerate, Meikles Limited's profit after tax for the half-year ended September 30, 2018 grew by 467 percent to $15,3 million from $2,7 million realised last year...
By Staff reporter | Published: 21 November 2018
Makomo Resources yesterday said its mining operations in Hwange were not affecting anyone's concession as it was extracting coal from land that acts as a boundary between Hwange Colliery company and Z...
By Staff reporter | Published: 21 November 2018
Work to widen and upgrade the Beitbridge-Masvingo highway has finally begun in Chivhu with graders and earthmoving equipment now busy carrying out detour works on the first 10 kilometer stretch.The pr...
By Staff reporter | Published: 20 November 2018
Air Zimbabwe is struggling to pay back a $370 million to various stakeholders, a situation hampering the national airline's resuscitation efforts.The revelation when the parastatal's reconstruction te...
By Staff reporter | Published: 20 November 2018
Meikles Limited has made a court application challenging the attachment of shares in several of its subsidiaries by the sheriff to settle a $1,5 million debt owed to a local consultancy firm.The liste...
By Staff reporter | Published: 20 November 2018
GOVERNMENT and business yesterday reached an impasse over arbitrary price hikes after a lengthy meeting between Industry and Commerce minister Mangaliso Ndlovu and captains of industry in the capital....
By Staff reporter | Published: 20 November 2018
MINES minister Winston Chitando yesterday told Parliament that he was not afraid of what would come out from the forensic audit on Hwange Colliery Company, saying that it must proceed to its conclusio...
By Staff reporter | Published: 20 November 2018
LANDS, Agriculture, Water, Climate and Rural Development Minister, Retired Air Marshal Perrance Shiri, yesterday opened up on the $130 million Cold Storage Company (CSC) joint venture recapitalisation...
By Staff reporter | Published: 20 November 2018
Venture capital firm, Vakayi Capital, has concluded its second investment project in Zimbabwe that will see a Ruwa-based hatchery doubling its output. The hatchery, ZimAvian (Pvt) Ltd, produces broile...
By Staff reporter | Published: 20 November 2018
Government has threatened to descend heavily on large-scale gold mining companies that are reportedly under declaring their gold output. Some of the primary producers are understood to be selling thei...
By Staff reporter | Published: 20 November 2018
Cable manufacturer Cafca's profit after tax grew four-fold to $3,85 million in the six months to September 30 from $726 213 last year on strong local demand after refocusing to copper products."Profit...
By Staff reporter | Published: 19 November 2018
Zambezi Gas, a coal miner in Hwange, has doubled production to 100 000 tonnes per month since it started operating nearly two years ago, the visiting Parliamentary Portfolio Committee on Mines and Ene...
By Staff reporter | Published: 19 November 2018
CERTIFIED herbal medicines manufacturer, Musimboti Traditional Science and Technology Institute (MTSTI), has over the past two months experienced a surge in business as patients resort to traditional ...
By Staff reporter | Published: 19 November 2018
ZIMBABWE'S continued re-engagement with the international community has excited key tourism source markets that are now keen to visit the country to sample its diversified tourism products. Japan's to...
By Staff reporter | Published: 19 November 2018
DEVELOPING markets investment bank, Exotix Capital Limited says Zimbabwe under President Emmerson Mnangagwa's leadership is ripe for investment with potential investors now looking at the country with...
By Staff reporter | Published: 19 November 2018
A FORENSIC auditor engaged by Hwange Colliery to investigate financial impropriety has fingered Mines and Mining Development minister Winston Chitando, who he said was likely in cahoots with shady cha...
By Staff reporter | Published: 15 November 2018
CALEDONIA Mining Corporation's gold production for the nine months to September 30, 2018 fell by 0,4% to 39 558 ounces from 39 710 ounces recorded over the same period last year. The mining company, w...
By Staff reporter | Published: 15 November 2018
DIVERSIFED agro-processor United Refineries Limited (URL) last month sent home its entire workforce in the soap department due to shortage of raw materials, an official said yesterday.URL chief execut...
By Staff reporter | Published: 15 November 2018
AFRICAN governments led by South Africa are fighting tooth and nail to stop the passing of a resolution by the Kimberly Process to expand the definition of "conflict diamonds", it has been learnt.Civi...
By Staff reporter | Published: 15 November 2018
THE Deputy Minister of Industry and Commerce, Raj Modi, has been invited by the Gem and Jewellery Export Promotion Council of India (GJPEC) to participate in the second edition of the India Gold and J...
By Staff reporter | Published: 15 November 2018
ZIMBABWE'S largest platinum producer, Zimplats, has spent $72 million of the $101 million that was set aside for the redevelopment of Bimha Mining project, one of the company's mines. In a production ...
By Staff reporter | Published: 15 November 2018
Mines and Mining Development Minister Winston Chitando, who is leading a Zimbabwean delegation attending the Kimberly Process meetings in Belgium, yesterday visited Antwerp World Diamond Centre to cou...
By Staff reporter | Published: 15 November 2018
ZVISHAVANE-based platinum mine, Mimosa, is set to increase its production to 270 000 tonnes per month from 230 000 tonnes which the company is producing. In an interview during a media tour of the min...
By Staff reporter | Published: 15 November 2018
Electronic card producer CardEx, has partnered a United Arab Emirates-based firm Entrust Datacard with a view to entering the Zimbabwean market. There has been growing demand for electronic cards on t...
By Staff reporter | Published: 15 November 2018
Government is putting in place measures to accommodate the influx of tourists expected after Zimbabwe was named one of the best countries in the world to visit in 2019, a Cabinet minister has said. En...
By Staff reporter | Published: 15 November 2018
NetOne CEO granted US$500 bail in fraud case 
South African ambassador falls to death from Paris hotel room 
India dumps US Treasury bills 
ZSE and VFEX recover after weak 1st half 
Gold edges up as traders await guidance 
Wheat records first ZMX trade at US$400/tonne 
Young Investment Professional (YIP) Graduate Programme 2019 
Young Investment Professional (YIP) Graduate Programme 2019
