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...
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 ...
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, ...
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...
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...
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 ...
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 ...
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...
ZB Financial Holdings has increased its focus on guarantee programmes for loan growth targeting the construction industry with over US$40 million worth of guarantees having been funded in the FY2017.T...
Anglo-American Platinum Limited's wholly-owned subsidiary Unki Mines is scheduled to complete a smelter in the second half of 2018 while total production is expected to remain flat at 170 000 PGM ounc...
ZIMBABWE conducted a diamond auction sale this month, as production of the precious stones gradually recovers after slumping to an all-time low of less than two million carats from peak levels of 12 m...
Transport and Infrastructure Development Minister Joram Gumbo has terminated the contracts of some board members of the Civil Aviation Authority of Zimbabwe (CAAZ). Well-placed sources said that at le...
A MAJOR shareholder in Chaparrel Trading, a petroleum retail company operating the Trek Petroleum brand, has challenged government's takeover of the company in the High Court, alleging the transaction...
A LOCAL electrical and electronics engineer, Lovemore Mukono, has lost a case against a company reproducing a gadget that he designed after he had registered the patent under a trust.In a long running...
Government has pulled out of the salary wrangle involving Hwange Colliery Company Limited and workers' spouses, who have been demonstrating at the company premises for the past 26 days demanding their...
The replacement of Zimbabwe president Robert Mugabe with his party rival Emmerson Mnangagwa seems to have resuscitated the interest of several South African mining firms which have turned to the south...
Poultry players have approached the government asking for the suspension of the 40% import duty on fertilised eggs to bridge the supply gap of day-old chicks created by the outbreak of avian influenza...
The National Railways of Zimbabwe (NRZ) expects financial closure on the $400 million recapitalization deal with the Diaspora Investment Development Group (DIDG)/ Transnet Consortium by June 2018, an ...
Standard Chartered Bank is set to close at least seven branches across the country due to the emergence of mobile and online banking platforms, which have taken a toll on banking sector jobs. The staf...
Econet Media's pan-African media company Kwesé TV has acquired a significant stake in iflix Africa to form part of its diverse broadcast offering, as the core vehicle to deliver seamless mobile exper...
ZIMBABWE Tourism Authority (ZTA) has started updating its data base for accommodation, tourist attractions and activities on offer in the Midlands province.Midlands has had a remarkable expansion in h...
GOVERNMENT has hinted on plans to wean off non-core activities from Hwange Colliery Company Limited (HCCL) as part of measures to rescuscitate the ailing firm.Finance and Economic Development Minister...
Mobile operator Telecel Zimbabwe has announced that it will be launching a point-based competition, Bundle Mania promotion, for registered subscribers who purchase WhatsApp, Facebook, MegaBoost and Wi...
THE National Railways of Zimbabwe (NRZ) is set to improve its monthly revenues by $1.1 million on the back of newly acquired equipment from South Africa under an interim arrangement with the parastata...
The Labour Court has ordered TM Supermarket to pay two line managers, who were fired in 2016 over $1 100 as a pro rata commission for 10 months, which the parties had agreed before the two were dismis...