Zimplats Q-September production down 7%
Itai Ndongwe
Zimplats PGM production in the quarter to September 2021, decreased 7% from the previous June quarter, weighed down by lower ore mined.
In a...
Border Timbers F21 profitability declines 40%
Itai Ndongwe/Tadiwa Musiyiwa
Border Timbers recorded a 40% decline in profitability for the year to June which was weighed down by poor production performance.
According to...
Exploitation and Abuse: The untold anguish of street life
By Kovedzayi Takawira
The phenomenon of children living on the streets is not something new, nor is it restricted to certain areas. The United Nations...
Miners losing 20% in gross export proceeds due to exchange rate...
Christopher Mahove
Mining companies have said foreign exchange retentions at 60% are inadequate to meet their operational requirements with the value of surrender portion that...
Zimbabwean appointed AFDB South Sudan country manager
The African Development Bank has announced Zimbabwean national and economist Themba Bhebhe as the new country manager for South Sudan effective October 1, 2021.
Bhebhe,...
Zimbabwe could miss out on AfCFTA opportunities
Christopher Mahove
Zimbabwe could lose out on the vast opportunities that exist in the African Continental Free Trade Area because the country is not...
Government to construct 200 schools: FinMin
Staff Writer
The government will next year build 200 schools across the country and rehabilitate 1500 others as it moves to decongest the learning institutions.
This...
CRZ warns of product shortages
By Takudzwa Musakasa
The Confederation of Retailers in Zimbabwe {CRZ} has warned the continued arrest of retailers on charges of abusing the foreign exchange system...
Two more companies migrate to ZSE
By Chris Mahove
Two more companies have migrated their de[posit securities from Chengetedzai Depository to the ZSE following its granting of permission by the Securities...
Analyst welcome VFEX Financial Service Centre
By Talkmore Gandiwa
Economic analysts have welcomed the Victoria Falls Stock Exchange (VFEX) financial service centre saying investors will have greater protection than they presently...
$2 billion forex auction allocation inadequate
By Chris Mahove
The US$2 billion that has been allotted to corporates through both the main auction market and the SME’s auction market is too...
Mimosa aims to transform rural economy
By Takudzwa Musakasa
In an effort to transform the economic fortunes of the Mtshingwe community, mining giant, Mimosa Platinum Mine is assisting local farmers by...
Cottco market share drops 2%
By Itai Ndongwe
Cottco’s market share dropped by 2% in the second quarter ended September 30, 2021.
In her trade update for the quarter, Acting Company...
Workspace remains a headache for SMEs- Nyoni
Chris Mahove
Deficiencies in the provision of workspace for Small to Medium enterprises has hampered the growth of the sector, pre and post COVID-19, SME’S...
SME’s key to achieving Vision 2030
Itai Ndongwe
Small to Medium Enterprises {SME’s} have a potential to grow the country’s economy and help the country achieve the upper middle class economy...
Government suspends duty on bulk fertiliser imports
Chris Mahove
The government has suspended duty on the importation of certain quantities of fertiliser for the 2021/2021 cropping season.
According to a government gazette published...
Milk production dips slightly m-o-m in September (Download)
Talkmore Gandiwa
HARARE - Milk production declined 1.6% in September to 6.98 million litres from a record 7.09 million the previous month weighed down by...
Intra-COMESA export trade drops by 11%
The value of Intra-COMESA total exports declined by 11% from US$ 10.9 billion in 2019 to US$ 9.7 billion in 2020. The low performance...
Migration policy to spur economic development
Chris Mahove
The Government of Zimbabwe is intensifying implementation of migration policies for sustainable development, in line with the Global Compact on Safe Orderly...
Blanket Mine in record production in Q3
HARARE – Caledonia Mining gold production from its Blanket mine in Zimbabwe was 18,965 ounces, a new production record and an increase of 25%...
























