MINING & RETAIL

Zimplats spends $72million on Bimha Mine

ZIMBABWE'S largest platinum producer, Zimplats, has spent $72 million of the $101 million that was set aside for the redevelopment of Bimha Mining project, one of the company's mines. In a production ...

By Staff reporter | Published: 15 November 2018

BUSINESS NEWS

Zimra ordered to refund Zimplats $9,5m

ZIMBABWE Revenue Authority (ZIMRA) has been caught on the wrong side of the law in collecting revenue and the High Court has ordered it to pay back $9,5 million it unlawfully garnished from a local mi...

By Staff reporter | Published: 17 September 2018

MINING & RETAIL

New mining status costs Zimplats

ZIMPLATS, the country's largest platinum miner, says its profits declined by 94 percent in the year to June 2018 after the company changed its status from a special mining lease (SML) holder to mining...

By Staff repporter | Published: 06 September 2018

FINANCIAL SERVICES

Zimpost launches funeral cash plan

Postal services provider Zimpost has partnered First Mutual Life (FML) Assurance to launch funeral assurance - PostLife Funeral Cash Plan.The product is underwritten by FML.The partnership, signed on ...

By Staff reporter | Published: 05 July 2018

INDUSTRIALS & ENERGY

Zimpapers revenue ahead of budget

LISTED diversified media group Zimpapers registered revenue growth for the first five months of the year on the back of positive performance across all its divisions.Zimpapers chief executive Pikirayi...

By Staff reporter | Published: 21 June 2018

MINING & RETAIL

Mnangagwa's crony gets Zimplats claims

PRESIDENT Emmerson Mnangagwa's crony Lucas Pouroulis, whose company, Karo Resources, recently signed a controversial US$4,2 billion platinum deal with government, has grabbed mineral claims stretching...

By Staff reporter | Published: 08 June 2018

MINING & RETAIL

Zimplats hands over 24,000 hectares to govt

ZIMBABWE'S largest platinum miner, Zimplats, has agreed to release to the Zimbabwe Government land measuring 23  903 hectares within Zimplats' mining lease area in support of the Government's eff...

By Ngoni Shenjere | Published: 06 June 2018

BUSINESS NEWS

Zimplats to lease claims to ranchers

Zimplats has made a request to Mhondoro-Ngezi Rural District Council for permission to lease some of its mining claims for commercial ranching.According to the request, the local authority is set to b...

By Staff reporter | Published: 30 May 2018

BUSINESS NEWS

RTG sues Zimpraise over $12k hotel bill

Local hospitality concern, Rainbow Tourism Group Limited (RTG), has taken Zimpraise Trust, a company that owns gospel music group, Zimpraise, to the High Court demanding settlement of a $12 000 hotel ...

By Staff reporter | Published: 29 May 2018

BUSINESS NEWS

Zimparks rangers, poachers in fierce shootout

Zimbabwe National Parks and Wildlife Authority (Zimparks) game rangers on Saturday night were engaged in a 30-minute shootout with a band of poachers who had gunned down an elephant bull in Hwange Nat...

By Staff reporter | Published: 29 May 2018

TELECOMS & TECHNOLOGY

Zimpost moves to digitisation

State-owned postal and courier services company, Zimpost, has introduced two new digitised services namely the Virtual Post Office and the Zimpost Mall. The organisation is seeking to transform its se...

By Staff reporter | Published: 21 May 2018

TELECOMS & TECHNOLOGY

Zimpost moves to digitisation

State-owned postal and courier services company, Zimpost, has introduced two new digitised services namely the Virtual Post Office and the Zimpost Mall. The organisation is seeking to transform its se...

By Staff reporter | Published: 21 May 2018

TRANSPORT & TOURISM

The ultimate wildlife experience

"Welcome aboard, ladies and gentlemen. This is going to be roughly a three hours' drive in the wilderness. As this is a game drive in a game park, we do not guarantee that you will see any animals, th...

By Staff reporter | Published: 20 May 2018

TELECOMS & TECHNOLOGY

Zimpapers enters billion-dollar TV industry

ZIMBABWE Newspapers (1980) Ltd last week took a giant step towards becoming the first fully integrated media house in the country.The company got its content distribution licence, which enables Zimpap...

By Staff reporter | Published: 20 May 2018

BUSINESS NEWS

Zimpapers gets TV licence

The Zimbabwe Newspapers (1980) Ltd has been granted a television broadcasting licence by the Broadcasting Authority of Zimbabwe. This makes the media house the first and only fully integrated media ho...

By Staff reporter | Published: 16 May 2018

FINANCIAL SERVICES

Zimpost scoops gold award at ZITF 2018

The newly branded Zimpost scooped a gold medal at the just ended Zimbabwe International Trade Fair held from April 23 to 28 2018 in Bulawayo. Zimpost came first in the Best Exhibit: Packaging, Plastic...

By Staff reporter | Published: 11 May 2018

TELECOMS & TECHNOLOGY

Zimpost rebrands, goes digital

ZIMBABWE'S main postal services provider, Zimpost, has rebranded and unveiled new products and services along with a fresh logo.The new logo, products and services were unveiled at this year's Zimbabw...

By Staff reporter | Published: 10 May 2018

MINING & RETAIL

Zimplats up scales CSR

Platinum mining giant, Zimplats has completed a major facelift of Kadoma General Hospital to the tune of over $1 million. The refurbishment of the hospital is expected to boost service delivery which ...

By Staff reporter | Published: 04 May 2018

MINING & RETAIL

Zimplats profits up as platinum prices firm

Zimbabwe's platinum mining sector is benefitting from a rebound in global commodity prices, with the nation's biggest producer of the metal, Zimplats, registering a 58 percent growth in profits.The in...

By Staff reporter | Published: 03 May 2018

MINING & RETAIL

Zimplats says local listing won't work

Impala Platinum has said Zimbabwe's plan to compel mining companies to list the majority of their shares on the local exchange isn't feasible and would impede operators' ability to grow and invest in ...

By Bloomberg | Published: 06 April 2018

INDUSTRIALS & ENERGY

Zimpapers makes senior appointments

The Zimpapers Group has made some new appointments, as the media group seeks to consolidate its position as a market leader in content generation and provision.The group is known as a content hub, whi...

By Staff reporter | Published: 06 April 2018

BUSINESS NEWS

Zimpapers CEO scoops Megafest business award

ZIMPAPERS CEO, Pikirayi Deketeke, won the Megafest Business Awards professional of the year award on Wednesday while Chronicle senior features reporter, Yoliswa Dube,  scooped the print media per...

By Staff reporter | Published: 30 March 2018

BUSINESS NEWS

Zimpapers reduces total liabilities by 11.6%

LISTED diversified media group, Zimpapers, has reduced total liabilities by 11.6 percent to $28.1 million while investment in capital expenditure also improved to $1.9 million last year from $1.2 mill...

By Staff reporter | Published: 30 March 2018

BUSINESS NEWS

Zimpost employees' salaries slashed

STATE-OWNED postal services company, Zimpost, has slashed employees' salaries by half as the entity struggles to stay afloat.The company is not only behind on salary payments, but is failing to pay th...

By Staff reporter | Published: 30 March 2018

INDUSTRIALS & ENERGY

Zimpapers revenue up 4%

ZIMPAPERS says revenue for the full year to December 31, 2017, rose 4 percent to $39,1 million, largely driven by growth in broadcasting and the commercial printing division.While the newspaper divisi...

By Staff reporter | Published: 30 March 2018
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