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...