Banks sound alarm on latest currency measures, warn of liquidity crunch

HARARE (FinX) - The Bankers Association of Zimbabwe has said that the Reserve Bank of Zimbabwe should consider staggering the increase on statutory reserves,...

Bilboes potentially can be Zimbabwe’s biggest gold mine

MINING AFRICA REVIEW - A recently released Preliminary Economic Assessment (PEA) has confirmed that Caledonia Mining’s Bilboes project has the capacity to produce 150...

Zimplats has invested over US$12 bln in operations since 2003

Zimplats, Zimbabwe's largest platinum group metals (PGMs) producer, has invested over US$12 billion since FY2003 to expand and modernise its mining operations, and this...

Irked residents condemn gravel extraction on Warren Hills

Talkmore Gandiwa On the top of a hill, bulldozers and caterpillars manoeuvre, slicing off chunks of the mountain’s remaining sections almost approaching an enormous concrete...

Zimbabwean Truck driver arrested for Smuggling bleaching creams in SA

Musina; South Africa - A Zimbabwean national Anolt Tafa, appeared before a South African Magistrate for charges of contravention of the Medicines and Related...

PowerTel seeks US$30 mln to expand regional footprint

Itai Ndongwe  HARARE - PowerTel is looking to expand its southern African footprint through a US$30 million investment, as it seeks to boost foreign currency...

Zambian Breweries launches Eagle Extra 

LUSAKA, ZAMBIA – Eagle Extra is the new bold addition to Zambian Breweries’ Eagle beer portfolio. Eagle Extra stands out as a well-crafted, distinct tasting beer...

Download: August milk production figures

Milk production Figures Jan-Aug 2024 HARARE - In the first eight months of this year, Zimbabwe produced 75.2 million litres of milk, a 19.3% increase from...

RBZ injects more US dollars into foreign currency market

Terrence Kurira The Reserve Bank of Zimbabwe (RBZ) has injected a total of US$64 million into the interbank foreign exchange market to address pipeline demand...

Govt to launch multi-million dollar loan fund to formalise ASM sector

Itai Ndongwe/Pride Mzarabani  The Zimbabwean government is launching a critical push to revitalise its small-scale gold mining sector, with a $10 million investment aimed at...