Magunje cement project accused of rights abuses

The Centre for Natural Resource Governance (CNRG) has issued a scathing report accusing developers of the US$1 billion Magunje cement and mining project of widespread human rights abuses, forced displ...

MINING & RETAIL

Fidelity Gold launches elite enforcement unit

Fidelity Gold Refinery (Private) Limited has launched a dedicated Gold Trade Enforcement Unit (GTEU), a landmark development aimed at clamping down on illegal gold trading, smuggling, and value chain ...

BUSINESS NEWS

Zimra faces deepening tax enforcement crisis

The Zimbabwe Revenue Authority (ZIMRA) is grappling with a growing tax enforcement crisis as the dominance of the cash economy, rampant informality, and high-profile tax disputes expose critical weakn...

BUSINESS NEWS

Border gridlock as Zimbabwe's new cement tax faces legal challenge

Over 50 haulage trucks loaded with white cement have been stranded at the Chirundu Border Post after the Zimbabwe Revenue Authority (ZIMRA) began enforcing a newly introduced 30 percent surtax on impo...

CONSTRUCTION & PROPERTY

Whi-Zim's cement plant progressing well in Zimbabwe

Construction of a multi-million-dollar cement manufacturing plant by Chinese firm Whi-Zim on the outskirts of Magunje Growth Point is progressing smoothly, with commissioning scheduled for June 2025, ...

CONSTRUCTION & PROPERTY

Khayah Cement to delist from ZSE

Khayah Cement, Zimbabwe's second-largest cement producer, is set to delist from the Zimbabwe Stock Exchange (ZSE) as part of a broader recovery plan aimed at reviving the troubled company outside the ...

POLITICS

Chamisa cements power

A MONTH after out-manoeuvring his MDC competitors at the party's Gweru congress, opposition leader Nelson Chamisa, pictured, yesterday moved to consolidate his power - demoting some of the party's sta...

CONSTRUCTION & PROPERTY

Larfarge projects high cement demand

LAFARGE Cement Zimbabwe has projected high demand for cement in the country this year on the back of growing housing developments despite rising inflationary pressures.  In a statement accompanyi...

BUSINESS NEWS

Plumtree dealers sell cement in US$

FORMER MDC legislator for Bulilima East, Norman Mpofu has urged Industry and Commerce minister Mangaliso Ndlovu, to rein in unscrupulous cement dealers in Plumtree who were rejecting the bond note and...

CONSTRUCTION & PROPERTY

Rising cement demand positive for Zimbabwe's economy, says Lafarge

LAFARGE Cement Zimbabwe says the recent spike in demand for cement, which resulted in a supply backlog on the market, is a positive signal of economic growth. In a statement, the firm allayed public f...

POLITICS

Komichi abandons placement on remand challenge

MDC Alliance chairperson Morgen Komichi, who is accused of attempting to disrupt the announcement of presidential election results by the Zimbabwe Electoral Commission, yesterday abandoned his bid to ...

MINING & RETAIL

Zimbabwe spurs PPC's profits

PPC's profit rose due to strong performance in Zimbabwe and Rwanda. Its gross profit rose by 3% year-on-year to US$174m in the financial year that ended on 31 March 2018 from US$169m in the same perio...

MINING & RETAIL

Sino-Zim Cement pins hopes on public projects

GWERU-based cement manufacturer, Sino Zimbabwe Cement Company (SZCC), hopes for improved turnover once infrastructural development deals signed between Zimbabwe and China take off.SZCC is a joint vent...

Chivayo fails to complete pre-commencement works

INTRATREK Zimbabwe has completed clearing 75 hectares of the 200 hectares as part of the pre-commencement works for the Gwanda solar project, an official has said.Apart from completing pre-commencemen...

MINING & RETAIL

Prospect, Sinomine Cement seal lithium project agreement

GOLD and lithium developer Prospect Resources has cemented an agreement with Hong Kong-listed Sinomine Resources Exploration, which will see the development of the Arcadia lithium project, in Zimbabwe...

CONSTRUCTION & PROPERTY

Zimre targets US$80m to cement capital base

Zimre Holdings Limited (ZHL) says it is targeting to raise, through its subsidiary, Emeritus International, in excess of US$80 million through the first phase of a private placement, which will enable...

MINING & RETAIL

Lafarge Holcim Cement in lime mining wrangle

The High Court has granted an interdict against Lafarge Holcim Cement Zimbabwe barring the company from mining lime on a piece of land in-PFura Rural District in Mashonaland Central. This follows an a...

ANNOUNCEMENTS

PROL.zw | Dividend Announcement

Details:- Date Announced :Thursday, 8 February 2018- Dividend declared for the period :31 December 2017- Dividend Amount per share :0.26 US cents- Dividend Record Date :2 March 2018- Last day to trade...

ANNOUNCEMENTS

TSL.zw | Dividend Announcement

Details:- Date Announced :Wednesday, 31 January 2018- Dividend declared for the period :31 October 2017- Dividend Amount per share :0.45 US cents- Dividend Record Date :9 March 2018- Last day to trade...

ANNOUNCEMENTS

DLTA.zw | Dividend Announcement

Details:- Date Announced :Tuesday, 16 January 2018- Dividend declared for the period :31 December 2017- Dividend Amount per share :2.25 US cents- Dividend Record Date :2 February 2018- Last day to tra...

ANNOUNCEMENTS

TSL.zw | Dividend Announcement

Details:- Date Announced :Wednesday, 31 January 2018- Dividend declared for the period :31 October 2017- Dividend Amount per share :0.45 US cents- Dividend Record Date :9 March 2018- Last day to trade...

ANNOUNCEMENTS

DLTA.zw | Dividend Announcement

Details:– Date Announced :Tuesday, 16 January 2018– Dividend declared for the period :31 December 2017– Dividend Amount per share :2.25 US cents– Dividend Record Date :2 February 2018– Last ...

ANNOUNCEMENTS

OKZ.zw | Dividend Announcement

Details:- Date Announced :Friday, 10 November 2017- Dividend declared for the period :30 September 2017- Dividend Amount per share :0.20 US cents- Dividend Record Date :24 November 2017- Last day to t...

ANNOUNCEMENTS

BIND.zw | Announcement to Shareholders

Details:Shareholders are advised that all resolutions put to the vote at the Annual General Meeting held on Thursday, 28 September 2017 were carried with the requisite majorities. ...

ANNOUNCEMENTS

FMHL.zw | Announcement to Shareholders

Details:The Board of Directors of First Mutual Holdings Limited (FMHL) advises shareholders and stakeholders that following negotiations between FMHL and National Social Security Authority (NSSA), a ...