Karo starts open pit pilot mining at Great Dyke platinum project

HARARE -Karo Mining, a subsidiary of JSE and London-listed Tharisa Mining plc, confirmed that its mining project is on track with the first plant...

Invictus Energy makes progress on Mukuyu-2 well

Itai Ndongwe Invictus Energy Limited says  the Exalo Rig 202 drilled the 17 1/2 surface hole section down to a depth of approximately 496m Measured...

Milk production rises 7% in eight months to Aug (DOWNLOAD)

Milk production increased 6.83% in the eight months to August to 63.05 million litres from 59.02 million in the comparable year ago period, latest...

Guvamatanga clarifies Mutapa Investment Fund’s key exemption

Ryan Chigoche HARARE - Finance Permanent Secretary George Guvamatanga has said that the general notice in the Government Gazette last week on the exemption of...

Struggling Nampak raises R1 bln from shareholders

HARARE (FinX) - Packaging manufacturer Nampak Limited, which is struggling under a huge debt weight, has raised R1 billion from its shareholders after its...

Over US$800m set aside for summer cropping season

Talkmore Gandiwa Government has set aside over US$600 million for the 2023/24 farming season while the Bankers Association of Zimbabwe has committed $68 billion and...

Govt accused of concealing key documents in ongoing Katsimberis trial

HARARE -  Property developer and Greek businessman George Katsimberis has accused the State of withholding documents that will exonerate him in a case where...

ZimAlloys doubles concentrates exports in October

Itai Ndongwe HARARE – Zimbabwe Alloys (ZimAlloys), the country's largest  holder of  high grade chrome resource, expects to restart the smelting operation of its...

PPC now holds 90% of Zim unit after repurchasing indigenisation shares

HARARE - PPC Limited now holds 90% of its Zimbabwe unit shareholding after the repurchase and cancellation of 19% of shares held by indigenisation...

Okavango SPV seeks US$13m for gold miner’s solar plant

HARARE - Kadoma-based Golden Valley Mine has approached the market seeking to raise US$13 million through a private placement for the construction of a...

Creating Hope Through Action

  By Ruvarashe Mariga Harare - September is observed as a Suicidal Prevention Month. Through education, awareness, and accessible resources, health organizations in Zimbabwe are forging...

Mnangagwa anchors Govt on “Whole of Society Approach to Development”

HARARE – President Mnangagwa has said that over the next five years, government business will be anchored on by the “Whole of Economy and...

Croco Motors in drive to help the needy

Staff Reporter Croco Motors, a renowned automotive company, spearheaded by their leading brand Ford Zimbabwe has taken a compassionate step towards assisting communities in need...

ZIDA sees increase in investor licence renewals

Ryan Chigoche HARARE – The Zimbabwe Investment and Development Agency says it has seen an increase in investor interest with the current applications in the...

MCZ DRUG AWARENESS GOLF TOURNEY ON THE CARDS

  By Ruvarashe Mariga HARARE- The Methodist church in Zimbabwe (MCZ) is set to host a drug awareness campaign golf tournament on the 23rd of this month The...

Israel is an abnormal state full of hate, said Almassri

Talkmore Gandiwa Standing at the centre of the conflicts, young children run to and from with confused minds as they try to run away from...

ED appoints sons as deputy ministers in new Cabinet

Harare- The newly elected Zimbabwean President Emerson Mnangagwa has appointed his two relatives into his new cabinet The nepotistic behavior was displayed at the State...

Kuvimba sets aside US$30 mln for exploration

Itai Ndongwe HARARE – Kuvimba Mining House has set aside US$30 million capex budget for exploration activities across its claims as it continues its programme...

RBZ cancels Tetrad’s banking licence

Ryan Chigoche HARARE - The Reserve Bank of Zimbabwe has cancelled Tetrad Investment Bank Limited's trading license following the institution's voluntary surrender and request for...

Zimplat’s production forecasts to rise 22%: WPIC

Itai Ndongwe The World Platinum Investment Council (WPIC) forecasts that Zimplats will increase Zimbabwe's platinum production by 22% to 503 koz due to expanding capacity...