MINING & RETAIL

Tundiya's company diverts ZPC’s 1 003 tonnes of coal

A FORENSIC audit on Hwange Colliery Company Limited (HCCL) has unearthed serious irregularities, where a haulage company owned by Shepherd Tundiya diverted about 1 003 tonnes of coal meant for the Zim...

By Staff reporter | Published: 24 April 2019

BUSINESS NEWS

Fuel prices up again

DESPITE government castigating business for over-pricing, there is likely to be no respite for the embattled consumer anytime soon as the price of fuel continues to go up, almost on a weekly basis.A s...

By Staff reporter | Published: 24 April 2019

MINING & RETAIL

Mine to lose equipment

EQUIPMENT belonging to Eldorado Mine in Chinhoyi will today go under the hammer to settle a debt owed to one of the country's leading security firms.The Chinhoyi High Court has instructed the sheriff ...

By Staff reporter | Published: 24 April 2019

MINING & RETAIL

Premier terminates Zimbabwe acquisition

PREMIER African Minerals (Premier) says it has terminated its proposed acquisition of a 50 percent stake of KME Plant and in Honey Badger Resources (HBR) due to ongoing uncertainty over the future of ...

By Staff reporter | Published: 24 April 2019

INDUSTRIALS & ENERGY

Fertiliser manufacturers to engage RBZ over foreign currency support

GOVERNMENT has been called upon to channel foreign currency towards the manufacturer of fertlisers in order to preserve jobs and prevent damage to soil by imported chemicals.This came out in a stateme...

By newzimbabwe | Published: 24 April 2019

BUSINESS NEWS

China's Tsingshan expands plans for Zimbabwe steel plant

China's Tsingshan Holding Group has expanded its plans for a steel plant in Zimbabwe to include a power plant and a lithium concession, Zimbabwe's Mines Minister Winston Chitando said on Tuesday.Presi...

By Reuters | Published: 24 April 2019

FINANCIAL SERVICES

Agribank targets $50m in foreign credit lines

AGRIBANK is targeting between US$40 million and US$50 million in fresh lines of credit from international financial institutions for on-lending to exporters, the bank's chief executive Sam Malaba has ...

By Staff reporter | Published: 24 April 2019

BUSINESS NEWS

'ZIDA Bill to improve ease of doing business'

THE Zimbabwe Investment and Development Agency (ZIDA) Bill gazetted early this month will among other things, seek to curb environmental degradation by big investment projects.The Bill is aimed at imp...

By Staff reporter | Published: 24 April 2019

FINANCIAL SERVICES

Afreximbank disburses €100m to Mota-Engil Africa

Regional lender, African Export-Import Bank (Afreximbank) has disbursed a €100 million facility to a revolving global credit facility to support Mota-Engil Africa implement key developmental project...

By Staff reporter | Published: 24 April 2019

MINING & RETAIL

Mnangagwa pens $5 billion mining deal

PRESIDENT Emmerson Mnangagwa's government has inked what it has termed a major mining investment deal with Chinese company, Tsingshan Holdings.The deal, signed by Mines minister Winston Chitando and T...

By Staff reporter | Published: 24 April 2019

MINING & RETAIL

Karo platinum project still at exploration stage

LAST year during the run-up to the elections, President Emmerson Mnangagwa announced a $4,2 billion platinum mining deal with Karo Platinum, owned by London Stock Exchange-listed Tharisa Plc. NewsDay ...

By Staff reporter | Published: 24 April 2019

FINANCIAL SERVICES

BancABC doubles profits on increased lending

BANCABC'S after tax profit increased more than two-fold to US$10,8 from US$5,2 million in the full year ended December 31, 2018, driven by growth in net interest income as the bank upped its lending.I...

By Staff reporter | Published: 24 April 2019

MINING & RETAIL

Zanu-PF gold baron, 9 others up for public violence

Prominent Chinhoyi gold dealer and Zanu-PF politician, Gerald Sairon, and nine others have been arrested and charged with public violence.Sairon, who is also the general manager at the controversial E...

By Staff reporter | Published: 24 April 2019

MINING & RETAIL

Miners say 'use it or lose it' concept spot on

GOVERNMENT should expedite implementation of the "use it or lose it" concept as announced by President Emmerson Mnangagwa so as to unlock new economic opportunity and create more jobs, small scale min...

By Staff reporter | Published: 24 April 2019

INDUSTRIALS & ENERGY

Lancashire Steel deal collapses

A DEAL in which Indian firm, Whinstone Enterprises, was set to pour in funding into Lancashire Steel in a joint venture arrangement, has crumbled after the firm failed to follow laid down Government p...

By Staff reporter | Published: 24 April 2019

INDUSTRIALS & ENERGY

Autoworld Zimbabwe launches new Isuzu

MOTOR vehicle dealer, Autoworld Zimbabwe, yesterday launched a new Isuzu D-MAX vehicle in Bulawayo and targets to sell about 500 units by the end of the year. The vehicle was launched at the ongoing Z...

By Staff reporter | Published: 24 April 2019

MINING & RETAIL

Zimbabwe seals $5 billion deal for new steel plant

GOVERNMENT yesterday signed an investment deal worth more than $5 billion with a Chinese steel manufacturing giant, Tsingshan, for the setting up of a new steel plant in Mvuma and to bankroll a number...

By Staff reporter | Published: 24 April 2019

LANDS & AGRICULTURE

'Mechanisation is the key to productivity'

Government should continue assisting farmers with mechanisation programmes to improve productivity on farms which are heavily under-mechanised after the land reform programme. Speaking with The Herald...

By Staff reporter | Published: 24 April 2019

BUSINESS NEWS

Industry gets 80% fuel

Industrialists say fuel availability has improved "significantly" in the last few months since Government took the bold decision to adjust the price upwards, with indications that the manufacturing se...

By Staff reporter | Published: 24 April 2019

TRANSPORT & TOURISM

Vaya launches free shuttle service to ZITF guests

ECONET'S Vaya mobility service has hit Bulawayo by storm, taking advantage of the Zimbabwe International Trade Fair (ZITF) to launch its new shuttle service by offering free rides to exhibitors, busin...

By Staff reporter | Published: 24 April 2019

LANDS & AGRICULTURE

Zimbabwe expects 200 million kg of tobacco

Zimbabwe's tobacco output is expected to decline to 200 million kilogrammes this year owing to unfavourable weather conditions under which the crop was grown, the industry regulator has said. Last yea...

By Staff reporter | Published: 24 April 2019

MINING & RETAIL

Zimbabwe targets US$4bn in mining exports

Zimbabwe is this year targeting a 28 percent increase in mineral export earnings as the sector gears towards Vision 2030 target of an annual haul of US$12 billion per annum by 2023. Zimbabwe last year...

By Staff reporter | Published: 24 April 2019

LANDS & AGRICULTURE

Tobacco deliveries increase as prices firm

Tobacco deliveries at most auction floors are increasing gradually, with the Government yesterday saying it expected prices to firm after the Easter holidays. The 2019 tobacco marketing season started...

By Staff reporter | Published: 24 April 2019

BUSINESS NEWS

'262 million Zimbabwe-bound substandard products rejected'

Bureau Veritas (BV), an international firm contracted by government to undertake consignment-based conformity assessment (CBCA) for imports destined for Zimbabwe, says it has rejected 262 million subs...

By Staff reporter | Published: 12 February 2019

MINING & RETAIL

Wrangle over Zimbabwe diamond mine continues

THE stalemate over the pricing of River Ranch Mine, situated in the border town of Beitbridge, continues unabated as the owners, Rani Investments, and potential buyers, the Zimbabwe Consolidated Diamo...

By Staff reporter | Published: 12 February 2019
Pages:
2
3
4
5
6
7
8
...

Latest News

Latest Published Reports

Latest jobs