ZIMBABWE

Seedco seeks to merge Zimbabwe operations for secondary listing

Pursuant to the proposal to transfer the ZSE Secondary Listing of Seed Co International Limited from the ZSE to the soon to be established VFEX, a proposal to merge the Zimbabwean operations, held und...

By Staff reporter | Published: 01 September 2020

MINING & RETAIL

High Court orders mine to cease operations

The High Court has ordered Gwanda-based mining concern, Imani Mine, to cease operations with immediate effect after failing to follow proper mining procedures.The order was issued by Justice Jester He...

By Staff reporter | Published: 11 October 2019

MINING & RETAIL

Simbisa Brands shifts focus to growing regional operations

Simbisa Brands invested ZWL$18.4 million in the year ended June 30, 19 on expansion and maintenance of its existing counters to a best-in-class standard as it forges ahead to consolidate its share of ...

By Staff reporter | Published: 10 October 2019

BUSINESS NEWS

ZimParks needs US$30 million for operations

THE Zimbabwe Parks and Wildlife Management Authority (ZimParks) needs about US$30 million annually to effectively run its operations, but the budget might be affected if the United States government's...

By Staff reporter | Published: 04 October 2019

MINING & RETAIL

Illegal mining threatens Blanket Mine operations

CALEDONIA Mining Corporation has bemoaned the rampant increase of illegal mining activities on properties controlled by its gold mining company, Blanket Mine in Gwanda.Blanket Mine has exploration tit...

By Staff reporter | Published: 30 September 2019

INDUSTRIALS & ENERGY

CSC ceases operations

STRUGGLING beef processor, Cold Storage Commission (CSC) has temporarily ceased operations and is sending workers on forced leave to allegedly allow for "retooling and refurbishments".Southern Eye has...

By Staff reporter | Published: 27 September 2019

MINING & RETAIL

Mnangagwa ally's ACF restructures, suspends operations

One of Zimbabwe's major chrome producers, African Chrome Fields (ACF), has temporarily suspended operations as the company embarks on a restructuring exercise.Information at hand shows ACF produced 10...

By Staff reporter | Published: 14 June 2019

BUSINESS NEWS

Mthuli Ncube's 2% tax threatens mines operations

THE mining sector survey says the 2% transactional tax imposed last month has resulted in price increases across the value chain, which, if not reviewed, would lead to suspension of operations by some...

By Staff reporter | Published: 20 November 2018

MINING & RETAIL

30 000 artisanal miners register to regularise operations

ONLY 30 000 of the estimated 1,5 million artisanal and small-scale miners have regularised their operations owing to high levies charged by government, Zimbabwe Miners Federation president Henrietta R...

By Staff reporter | Published: 27 September 2018

MINING & RETAIL

Bilboes seeks to expand operations

A LOCAL privately-owned gold mining and exploration concern, Bilboes Holdings is seeking to expand its operations as it moves to ramp up its mineral production.Bilboes Holdings chief executive officer...

By Staff reporter | Published: 09 September 2018

INDUSTRIALS & ENERGY

Soya beans shortage hits URL operations

DIVERSIFIED agro-products manufacturer United Refineries Limited (URL) says it continues to operate at between 40 and 50 percent of capacity due to low production of soya beans in the country and the ...

By Staff reporter | Published: 26 July 2018

MINING & RETAIL

Mnangagwa urges sensitivity in mining operations

PRESIDENT Emmerson Mnangagwa has urged mining companies to adhere to the country's environmental laws to avoid land degradation and environmental pollution during their operations.Speaking during the ...

By Staff reporter | Published: 25 July 2018

MINING & RETAIL

RHA Tungsten set to resume operations

DIVERSIFIED and Zimbabwe focused mining group, Premier African Resources is set to resume operations at its RHA Tungsten project at Kamativi after finalisation of equity restructuring with the Governm...

By Staff reporter | Published: 24 July 2018

MINING & RETAIL

Prolonged job action cripples Falgold operations

LISTED mining group, Falcon Gold (Falgold) Zimbabwe, says its operations in the half year ended March 31, 2018 have been largely affected by a strike which lasted for three months at its Golden Quarry...

By Staff reporter | Published: 05 July 2018

BUSINESS NEWS

Cops intensify investigations into car dealer's operations

Police have intensified investigations into a case in which more than 50 people in and around Harare lost thousands of dollars to a car dealer who allegedly fooled them that he could facilitate the im...

By Staff reporter | Published: 25 June 2018

INDUSTRIALS & ENERGY

Bulawayo tomato paste plant starts operations

SONDELANI Ranching has launched its $2 million state-of-the-art tomato processing plant for the production of tomato paste in Bulawayo.Turning Matabeleland Green co-director Reverend Patson Netha said...

By Staff reporter | Published: 24 June 2018

INDUSTRIALS & ENERGY

Ziscosteel requires $1bn to kickstart operations

PARLIAMENT has recommended that the country's rail system should be repaired to enable transportation of coal supplies to companies such as Ziscosteel.This came out in a report on Ziscosteel which was...

By Staff reporter | Published: 15 June 2018

BUSINESS NEWS

Mashava Mine operations set to resume soon

MASHAVA Mine management is optimistic that operations at the defunct firm will resume soon following the mobilisation of $14 million.In total the company needs $52 million for its recapitalisation bu...

By Staff reporter | Published: 04 June 2018

POLITICS

'Special anti-graft unit to reinforce Zacc operations'

The Special Prosecuting Unit is not meant to supersede or undermine the Zimbabwe Anti-Corruption Commission, but to reinforce its operations by ensuring a well-coordinated and comprehensive approach w...

By Staff reporter | Published: 23 May 2018

BUSINESS NEWS

Forex shortages affect hospital operations

ZIMBABWE'S private health sector is failing to equip its hospitals with modern equipment due to shortages of foreign currency and general cash.Private Hospitals Association of Zimbabwe (PHAZ) chairman...

By Staff reporter | Published: 17 May 2018

INDUSTRIALS & ENERGY

Leather cluster shoe factory begins operations

THE Bulawayo leather cluster shoe factory has started operating, with a new product line expected to hit the market soon.Cluster secretary, Mr Fungai Zvinondiramba, said they were in talks with a numb...

By Staff reporter | Published: 16 May 2018

POLITICS

CIO grilled over diamond operations

CENTRAL Intelligence Organisation (CIO) bosses were yesterday grilled in Parliament for entering into a joint diamond-mining deal known as Sino-Zim, with Chinese convict Sam Pa, without doing a proper...

By Staff reporter | Published: 08 May 2018

TRANSPORT & TOURISM

Air Zimbabwe operations crippled

NATIONAL airline, Air Zimbabwe's operations have been crippled following the breakdown of eight of its planes, leaving only two servicing all its routes leading to delays and postponement of flights.A...

By Staff reporter | Published: 05 April 2018

BUSINESS NEWS

Operations normalise in hospitals

THE situation is back to normal at Government hospitals following the return of doctors who had gone on strike last month.Some departments at major hospitals such as Mpilo Central Hospital in Bulawayo...

By Staff reporter | Published: 04 April 2018

MINING & RETAIL

Golden Quarries Mine resumes operations

SHURUGWI-based Golden Quarries Gold Mine, a subsidiary of Falcon Gold, has resumed operations after having its water and electricity reconnected following Government intervention.The mine stopped oper...

By Staff reporter | Published: 28 March 2018
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