Arcadia lithium pilot plant nears completion
Prospect Resources announced that approximately 92% of the Engineering, Procurement and Construction (EPC) scope for its high purity Arcadia lithium pilot plant in Zimbabwe...
Tobacco sales top US$367m in two months
Staff Writers
Tobacco farmers have to date earned US$367 million in two months of the marketing season, which is an improvement of 49% from the...
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Premier African Minerals to raise £1m for Zimbabwe lithium project
Premier African Minerals Ltd. said Thursday that it will raise 1 million pounds (US$1.4 million) via a discounted share placing, and that it will...
Govt, Old Mutual in Vic Falls land deal for SEZ feasibility...
HARARE - Old Mutual Life Assurance Company Zimbabwe (OMLAC) is set to finance and undertake a feasibility study financing agreement in respect of the...
Transitional arrangement on motor vehicle importation dates extended
Sharon Chikwanha
LOCAL importers of second-hand light vehicles that are 10 years old or more have been given one more month to clear their cars...
Hwange misses Q1 generation output targets by 55%
HARARE - There has been some progress on the refurbishment of Hwange Thermal Power Station but the project is still behind targets with the...
SI127 to negatively affect informal economy: ZIMCODD
Statutory Instrument 127 of 2021, Presidential Powers (Temporary Measures) Financial Laws Amendment Regulation 2021
Social and Economic Implications
On the 27th of May 2021, the government...
RBZ rings changes to mining royalties & commissions payment modalities
HARARE - For ease of administration, the Reserve Bank of Zimbabwe has announced that all commissions and royalties that are due and deductible at...
Prepaid electricity tariffs go up 30%
HARARE - Domestic electricity tariffs on pre-paid systems have increased by 30% under a stepped structure.
According to the Zimbabwe Electricity Transmission & Distribution Company,...
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What you need to know about the Zimbabwean businessman named first...
Abu Mubariki
Zimbabwean-born Strive Masiyiwa has become the first Black billionaire to break into The Sunday Times Rich List with his wealth estimated to be...
Technically incompetent ZEC avoiding stakeholders – MDC-A
Donald Chakamanga
The MDC Alliance has accused the Zimbabwe Electoral Commission of sidelining other stakeholders in the delimitation prcess that will come up with new...
Govt increases shareholding in Cottco, Silo Foods
HARARE - Government says it has increased its shareholding in Cottco to 51% which is in tandem with its contribution to the company.
Information Minister...
Caledonia upgrades gold resource at Blanket Mine
HARARE – Caledonia Mining has announced an upgrade to the Mineral Resource and Mineral Reserve base at its 64% owned subsidiary, the Blanket mine...
Residents, ratepayers debt baloons to $8 billion
Herzel Mushayabasa
City fathers in Harare believe the $8 billion debt owed by residents and ratepayers could go a long way in addressing the service...
Edgars unit sales down 23% in Q1 as Covid-19 lockdown weighs
HARARE – As largely expected, Edgars reported a subdued first quarter after performance was impacted on by the Covid-19 lockdown. Physical stores were closed...
Accelerating AfCFTA implementation key for Africa’s recovery post COVID-19
Addis Ababa, Ethiopia – The United Nations Economic Commission for Africa says it will continue to work closely with its member States, the African...
Bindura varsity students arrested for theft
George Swarei
Two Bindura University of Science Education students have been arraigned before the courts facing several charges of unlawful entry.
It is alleged that Lameck...
VAT on pre-packed rice scrapped
HARARE - Finance Minister Mthuli Ncube has scrapped the VAT on pre-packaged rice imports following President Mnangagwa's intervention on the long-standing dispute.
The measures will...
