Gold coins to have PA status
HARARE - The gold coin that will be on sale to the public from July 25, 2022 will have prescribed asset status and institutional...
Lamba becomes first green tech billionaire in Africa
Staff Writer
HARARE - Electric Vehicle Company and green technology firm Agilitee Pvt Ltd is eying secondary listings in Europe and the United States of...
FMP sees 31% growth in property income on improved occupany
Edwell Chigangaidze
HARARE- First Mutual Properties net property income grew by 31% in the five months to May, largely driven by collection rate increase from...
Mnangagwa moves Marapira to Agriculture Ministry
By Staff Writer
President Emmerson Mnangagwa has with immediate effect appointed Minister Davis Marapira to the Ministry of Lands, Agriculture, Fisheries, Water and Rural Development....
IPEC sets deadline for dividend pay-out
By Talkmore Gandiwa
HARARE – The Insurance and Pension Commission (IPEC) has set 10 July 2022 as the deadline for eligible pensioners to withdraw their...
RBZ, Bakers agree to lower the bread price
HARARE - The Reserve Bank of Zimbabwe (RBZ) says the price of bread is set to come down after reaching an agreement with the...
Kuvimba Mining acquires Russian stake in GDI
HARARE - Kuvimba Mining House has concluded negotiations to acquire 50% of shares in Great Dyke Investments, which are held by Afromet Joint Stock...
RBZ lifts Metbank forex trade suspension
Talkmore Gandiwa
Metropolitan Bank of Zimbabwe's suspension from trading in foreign currency has been lifted by the Reserve Bank of Zimbabwe.
The bank's foreign currency dealership...
Potraz launches revenue monitoring system
Itai Ndongwe
HARARE - Zimbabwe's Postal and Telecommunications Regulatory Authority commissioned a US$19 million telecommunication traffic monitoring and revenue assurance system (TTMS) Monday, which will...
European Investment Bank extends EUR 12.5 million facility to NMB Bank.
Talkmore Gandiwa
NMB Bank on Wednesday signed a EUR 12.5 million-loan facility with the European Investment Bank (EIB) today. The facility will support business investment...
Tharisa to revise capital cost of US$250M Karo project
Staff Writer
Tharisa says it may revise the capital cost of its $250 million Karo Platinum Project in Zimbabwe as the chrome and platinum group...
Mining sector confident of further growth
Davison Kaiyo
The current economic upheaval that is currently prevailing in the local market will have minimal impact on the growth projections of the mining...
Invictus to raise US$8.5m for drilling campaign
Itai Ndongwe
Invictus Energy has launched a private placement to raise A$12 million (US$8.5 million) for drilling at its Mukuyu target in Zimbabwe.
Invictus has an...
Grow trees or face ban, tobacco farmers warned
Talkmore Gandiwa
Zimbabwean tobacco farmers are at risk of being banned for endangering the environment resulting in climate change with calls for them to establish...
Old Mutual assists National Blood Services
Itai Edwin Ndongwe
The Zimbabwe Stock Exchange-listed life insurance company, Old Mutual Zimbabwe, has handed over US$15 000 to National Blood Services Zimbabwe for the...
Zimplats Q1 production rises 6%
Itai Ndongwe
HARARE – The Australian Stock Exchange-listed platinum group of metals (PGM) producer Zimplats Holding Limited says production increased by 6% for the first...
National Foods Q3 Volumes Marginally Up Amid Cost Pressures From Ukraine...
HARARE - Agro-industrial concern, National Foods Holdings Limited volumes for the three months to March, grew marginally at 3% compared to prior year at...
Invictus receives multiple farm-in offers for Cabora Bassa gas project
Itai Ndongwe
HARARE - Invictus Energy (IVZ) has received multiple farm-in offers for its 80 percent-owned Cabora Bassa gas project in Zimbabwe.
The company said of...
Galileo starts lithium exploration in Zim
Itai Ndongwe
Galileo Resources PLC has started exploration work at the Kamativi lithium project and the Bulawayo gold project in Zimbabwe.
Galileo Resources made its first foray into...
Zim finance executive on World Economic Forum top 100 list
Staff Writer
African Risk Capacity Limited chief executive officer of (ARC Ltd) Lesley Ndlovu has been named among the World Economic Forum’s Young Global Leader’s...
