Zimbabwe will hike royalties on gold producers as it moves to take advantage of recent record high bullion prices, a 2026 national budget speech showed on Thursday.As part of a raft of revenue measure...
Delta Corporation Limited has raised alarm over the poor quality of sugar supplied by Zimbabwe's top producers, accusing them of delivering a product that fails to meet global standards required for b...
THE Zimbabwe Energy Regulatory Authority (Zera) has cancelled licences of seven Independent Power Producers (IPPs) that have failed to kick start their projects within stipulated timeframes as it move...
SMALL-SCALE chrome miners have engaged the Mineral Marketing Corporation of Zimbabwe (MMCZ) to adopt a market-based pricing system to cut out losses and nurse the sector back to viability.Small-scale ...
Zimbabwe gold producers say the yellow-metal subsector has potential to rake in millions of dollars in export receipts, but requires a lot of capital to recapitalise operations.The southern African co...
THE Permanent Secretary in the Ministry of Information, Media and Broadcasting Services, George Charamba, says the ongoing Zimdigital project presents an opportunity for local artists to show their cr...
Cooking oil producers are looking at reducing their import bill by 30% from the current US$300 million annually through imports substitution, businessdigest has learnt.This comes as the nation is suff...
Government has pledged to assist manufacturing companies with foreign currency and new equipment to boost their production capacity and ensure they generate their own foreign currency through exports....
THE Zimbabwe Miners' Federation (ZMF) has written to the police asking for help to restore order in the artisanal gold mining sector, where the yellow metal is being illicitly traded, thereby deprivin...
While Zimbabwe's leadership change has sparked a race for the nation's mineral riches among entrepreneurs and tiny explorers, big-name mining companies are taking a wait-and-see approach.New President...
THE country's cooking oil producers have all complied with Government's directive to fortify their products.Oil Expressers Association of Zimbabwe (OEAZ) president Mr Busisa Moyo confirmed that all oi...
LOCAL cooking oil producers are being forced to manufacture about 60 percent of the country's requirement due to the shortage of foreign currency to import adequate soya beans.Oil Expressers Associat...
Majority of oil producers have complied with Government's mandatory fortification programme to enrich oil with vitamins that are vital to the people's health, Oil Expressers Association of Zimbabwe (O...
COOKING oil producers have approached the central bank asking to be allowed to sell some of their products for cash in foreign currency to be able to import raw materials.Oil Expressers Association of...
ZIMBABWE'S gold mining firms are planning to ramp up production in the next few years at a time the majority of companies in the country are struggling due to a deteriorating economic environment.This...
Oil producers have pledged to buy 150 000 tonnes of soya beans grown under Command Agriculture, but will negotiate for a buying price of between $400 and $500 per tonne.The arrangement will be simila...
OIL producers have finally agreed to fortify their cooking oil within 90 days with over 50 percent of the producers having already complied with the Government mandatory fortification programme, Oil E...
THE Reserve Bank of Zimbabwe (RBZ) has unveiled a $10 million loan facility for the capacitation of small scale oil producers.This comes as the apex bank has been making recommendations to increase p...
THE Reserve Bank of Zimbabwe is considering increasing funding support to small-scale producers beyond the $40 million initially allocated under the Gold Development Initiative for the miners owing to...
INDUSTRY and Commerce Deputy Minister Chiratidzo Mabuwa has ordered local metal producers to desist from exporting scrap metal at the expense of domestic foundries.Speaking during a scrap metal indaba...
Oil producers have agreed to buy soya bean produced locally at $500 per tonne as part of efforts to promote local production, Oil Expressers Association of Zimbabwe president Busisa Moyo said yesterda...
The JSE was dragged into the red by British American Tobacco and Reinet which hold a large investment in British American Tobacco.The move occurred late in the local session after the US Food and Drug...
MINES minister Walter Chidakwa has called on platinum producers to invest in refining facilities, to enable the country to draw maximum benefit from its mineral resources.In a speech read on his behal...
ZIMBABWE'S ferrochrome producers have paid $10 million in advance to help power utility Zesa pay for electricity imports from regional suppliers. Under the agreement, ferrochrome producers will get po...
Stock Feed Manufacturer Association (SFA) has advised its members to stock up on maize as the local crop is running out and imports are yet to be approved.In a recent meeting of members, the associati...
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