BUSINESS NEWS

RBZ, Ministry collide over platinum miners' payments

The Ministry of Finance, Economic Development and Investment Promotion is under pressure to meet local currency obligations owed to platinum exporters, as a US$400 million Afreximbank loan weighs hea...

By Staff reporter | Published: 03 October 2025

OPINION

Zanu-PF's 2024 Resolution Number 1 would not require a referendum

EXPLAINER: Objectively Zanu-PF's 2024 Resolution Number 1 Would not Require a Repeal of the Presidential Term Limit Provision or a ReferendumINCREASINGLY across Zimbabwe's political spectrum, there's ...

By Prof Jonathan Moyo | Published: 28 September 2025

BUSINESS NEWS

Zimra's new system sees number of tax payers double

Zimbabwe's new Tax and Revenue Management System (TaRMS) has more than doubled taxpayer registrations within a year, marking a major breakthrough in the country's tax administration.Figures presented...

By Staff reporter | Published: 24 August 2025

MINING & RETAIL

Zimbabwe platinum miners owed millions

Zimbabwe's platinum miners are owed millions of dollars in unpaid exports income under the government's foreign currency retention rules, the mining chamber has said, hurting operations in a sector ba...

By Reuters | Published: 06 August 2025

MINING & RETAIL

Impala triples platinum smelting in Zim with new plant

Impala Platinum Holdings' Zimbabwe unit, Zimplats, is set to triple its concentrate processing capacity with the commissioning of a new smelter as part of its ambitious $1.8 billion expansion plan. T...

By Staff reporter | Published: 29 July 2025

MINING & RETAIL

Bravura to invest in Mashonaland West platinum

Mashonaland West province has received a significant boost to its rural industrialisation efforts with the announcement that Bravura Holdings Zimbabwe, a new platinum mining player, will establish ope...

By Staff reporter | Published: 25 June 2025

MINING & RETAIL

Zimbabwe scraps 15% tax on raw platinum exports

Zimbabwe's platinum mining companies have come up with a roadmap for refinery plants that have seen the government considering the removal of a 15 percent tax on raw exports for the commodity.While co...

By Staff reporter | Published: 16 July 2019

BUSINESS NEWS

Govt orders 200 000 vehicle number plates

THE Transport ministry has placed an order of over 200 000 number plates in an effort to address their shortages in the country.This comes as the Central Vehicle Registry (CVR) has been grappling with...

By Staff reporter | Published: 25 June 2019

EDUCATION

Record number of chartered secretaries graduate

A record number of students graduated as chartered secretaries on Saturday (June 8) at an historic graduation ceremony at which the first students from a joint Great Zimbabwe University and Institute ...

By Staff reporter | Published: 11 June 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

MINING & RETAIL

Zimbabwe to unveil platinum policy

GOVERNMENT will soon unveil a platinum policy to provide the framework for developing the sector, Mines minister Winston Chitando has said.Platinum is one of the two minerals, along with diamonds, in ...

By Staff reporter | Published: 17 December 2018

MINING & RETAIL

No change for Zimbabwe platinum, diamond ownership rules

Zimbabwe does not plan to change its ownership rules for diamonds and platinum, Mines and Mining Development Minister, Winston Chitando, said on Monday. Although some miners are hoping the country wil...

By Reuters | Published: 30 November 2018

MINING & RETAIL

Global platinum market headed for surplus

The global platinum market will end the year in a surplus of 295 000 ounces as both supply, from main producers Zimbabwe, South Africa and Russia, and demand for the metal will fall by 2 percent, the ...

By Staff reporter | Published: 07 September 2018

BUSINESS NEWS

Zimbabwe's CVR runs out of number plates

The Central Vehicle Registry (CVR) has run out of vehicle registration plates, an official have confirmed. In an interview, Vehicle Inspection Department (VID) Director, Mr Johannes Pedzapasi, said th...

By Staff reporter | Published: 06 September 2018

MINING & RETAIL

Karo platinum project to create 90 000 jobs

President Mnangagwa yesterday officially launched the $4,2 billion Karo Resources consolidated platinum project in Mhondoro-Mubaira, which is set to create a combined 90 000 jobs as Government steps u...

By Staff reporter | Published: 25 July 2018

MINING & RETAIL

Mnangagwa commissions $4,2bn platinum project

President Emmerson Mnangagwa has officiated at the groundbreaking ceremony of a $4,2 billion platinum mining project at Karo Resources' Mhondoro-Ngezi mining site, where he noted that projects of this...

By Staff reporter | Published: 24 July 2018

OPINION

The numbers are out, Zimbabwe is afraid

A country that does not respect information will not prosper. Zimbabwe exhibits a fundamental disrespect for information. As such our approach to issues is driven by emotions, not information.The rece...

By Edmund Kudzayi | Published: 08 July 2018

MINING & RETAIL

$4,2 billion platinum project takes shape

THE $4,2 billion platinum investment project in Mhondoro-Ngezi has become one of the fastest projects to be implemented under President Mnangagwa's administration, with the investor, Karo Resources of...

By Staff reporter | Published: 04 July 2018

MINING & RETAIL

Tharisa to advance $8 million to Karo Platinum

EUROPEAN headquartered integrated resource group, Tharisa, has pledged to provide $8 million debt facility to Karo Platinum for initial geological and sampling work at the $4,2 billion platinum projec...

By Staff reporter | Published: 21 June 2018

MINING & RETAIL

Tharisa deepens Zim exposure with platinum deal

South African miner Tharisa on Wednesday deepened its exposure to Zimbabwe, saying it had bought a 26.8 percent shareholding in Karo Mining Holdings for $4.5 million.It also bought chrome business Sal...

By Reuters | Published: 13 June 2018

TELECOMS & TECHNOLOGY

TelOne modifying all telephone numbers

STATE-owned telecommunications company, TelOne, is changing all area codes and modifying telephone numbers as the implementation of the $98 million national broadband project nears completion.In a sta...

By Staff reporter | Published: 07 June 2018

MINING & RETAIL

'Remove indigenisation threshold on diamond, platinum'

Chamber of Mines of Zimbabwe (COMZ) president, Batirai Manhando has urged the government to scrap off indigenisation requirements on diamond and platinum sectors, as failure to do so will chase away i...

By Staff reporter | Published: 31 May 2018

MINING & RETAIL

$4.2bn platinum deal on schedule

Establishment work on the US$4.2 billion deal with Cyprus-based Karo Resources towards a platinum project in Zimbabwe is on schedule with the ground breaking ceremony for the venture expected end of n...

By Staff reporter | Published: 22 May 2018

TRANSPORT & TOURISM

Zim back to record tourist numbers

ZIMBABWE'S top resort town, Victoria Falls, has received a record number of tourists and healthy forward bookings, according to Africa Albida Tourism (AAT).AAT chief executive, Ross Kennedy, said mont...

By Staff reporter | Published: 14 May 2018

MINING & RETAIL

Open up diamond and platinum mining

The Chamber of Mines of Zimbabwe (CoMZ) says while Government's decision to scrap the 51/49 indigenisation law requirement for most minerals is plausible, repealing the legislation in the extraction o...

By Staff reporter | Published: 13 May 2018
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