Comesa plans regional Agricultural Commodity Exchange centre
Plans are underway to establish a regional Agricultural Commodity Exchange Centre as part of the implementation of the 2021-2031 strategy for the Alliance for...
Lubi Coal production commences at 5 000t/month
Itai Ndongwe
The London-listed natural resource development company, Contango Holdings Plc that is developing the Lubu Coking Coal Project in Zimbabwe, has commenced mining production...
Zimplats revenue down 13% to US$585 mln in H1
Staff Writer
HARARE – Zimplats reported a 13% decline in revenue at US$585 million from US$674 million attributable to movements in commodity prices arising on...
Manufacturing sector capacity utilization marginally up as hurdles remain
HARARE – Local manufacturing sector capacity utilization during fourth quarter (Q4) of 2021 marginally increased by a single percentage point to 66% from 65%...
Invictus Special Grant increased to 709 300ha, Govt to get...
HARARE - In order to increase the drilling programme success rate, Invictus Energy Limited’s subsidiary, Geo Associates Private Limited and the Sovereign Wealth Fund of...
TIMB rebrands to ensure sustainability
The Tobacco Industry Marketing Board has rebranded to ensure sustainable production and marketing of tobacco in Zimbabwe.
TIMB Chief Executive, Meanwell Gudu said the rebranding...
PPC anticipates higher F22 sales growth spurred by Zim and Rwanda...
HARARE – PPC Limited is expecting total group sales volume growth of between 4% and 8% year-on-year (YoY) to March 2022 largely sustained by...
Quality employment generation key to formalisation of economy
Tadiwa Musiyiwa
Growth strategies and quality employment generation are key factors towards the formalisation of Zimbabwe’s economy.
The informal sector contributes above 70% of the country’s...
Old Mutual to pay Zim shareholders final dividend of $4 per...
Staff Writer
HARARE - Old Mutual has completed dividend currency translations for its shareholders in countries where it is listed, with Zimbabwean shareholders receiving ZWL439.42788...
Bread, Mealie Meal prices go up: GMAZ
Grain Millers Association of Zimbabwe (GMAZ) has said the prices of bread and maize meal have gone up due to higher grain and oil...
Why Zimbabwe abstained from the UN vote on Ukraine-Russia crisis
Davison Kaiyo/Talkmore Gandiwa
Harare – Zimbabwe is among the 35 countries that abstained to vote in the United Nations (UN) resolution condemning Russia’s actions in...
Crisis outcomes expected due to erratic rainfall: Fewsnet
Tadiwa Musiyiwa
Crisis outcomes are expected to persist in most typical deficit-producing areas through March due to non-availability of own-produced food stocks, reductions in agricultural...
Lower grades and plant recoveries affect Mimosa’s H1 production
Tadiwa Musiyiwa
Platinum Group Metals (PGMs) production at Mimosa Mining Company decreased by 6% to 58 537 4E ounces due to slightly lower grades and...
Invictus identifies potential hydrocarbon traps at Muzarabani
Invictus Energy says it has identified potential hydrocarbon traps following receipt of final processed data from its 2D seismic survey over the Muzarabani gas-condensate...
FIU orders freeze on four company accounts
HARARE - The Financial Intelligence Unit has directed that the accounts of four retail chains be frozen to allow for investigations on possible money...
EU maintains sanctions on Zimbabwe Defence Industries
The European Union has maintained an arms embargo and targeted asset freeze on the Zimbabwe Defence Industries while lifting restrictive measures on three individuals:...
“Confidence in booking Victoria Falls restored to almost pre-pandemic levels”
PRESS RELEASE: Confidence in booking Destination Victoria Falls has risen to 74% in 2021, according to the annual Future Traveller Sentiment Survey conducted by...
IFC, Zimbabwe Partner to Develop Agriculture Insurance to Protect Smallholder Farmers
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Zim secures global association membership
Takudzwa Musakasa
The Zimbabwe Tourism Authority (ZTA) through its Zimbabwe National Convention Bureau has secured international membership with The Global Association of the Exhibition Industry...
Invictus to commence drilling in June
Takudzwa Musakasa
Invictus Energy’s (IVZ) drilling contractor has revised the commencement date of its rig mobilisation to the Cabora Bassa gas project in Zimbabwe to...