Mnangagwa moves Marapira to Agriculture Ministry

By Staff Writer President Emmerson Mnangagwa has with immediate effect appointed Minister Davis Marapira to the Ministry of Lands, Agriculture, Fisheries, Water and Rural Development....

IPEC sets deadline for dividend pay-out

  By Talkmore Gandiwa HARARE – The Insurance and Pension Commission (IPEC) has set 10 July 2022 as the deadline for eligible pensioners to withdraw their...

RBZ, Bakers agree to lower the bread price

HARARE - The Reserve Bank of Zimbabwe (RBZ) says the price of bread is set to come down after reaching an agreement with the...

Kuvimba Mining acquires Russian stake in GDI

HARARE - Kuvimba Mining House has concluded negotiations to acquire 50% of shares in Great Dyke Investments, which are held by Afromet Joint Stock...

RBZ lifts Metbank forex trade suspension

Talkmore Gandiwa  Metropolitan Bank of Zimbabwe's suspension from trading in foreign currency has been lifted by the Reserve Bank of Zimbabwe. The bank's foreign currency dealership...

Potraz launches revenue monitoring system

Itai Ndongwe HARARE - Zimbabwe's Postal and Telecommunications Regulatory Authority commissioned a US$19 million telecommunication traffic monitoring and revenue assurance system (TTMS) Monday, which will...

European Investment Bank extends EUR 12.5 million facility to NMB Bank.

Talkmore Gandiwa NMB Bank on Wednesday signed a EUR 12.5 million-loan facility with the European Investment Bank (EIB) today. The facility will support business investment...

Tharisa to revise capital cost of US$250M Karo project

Staff Writer Tharisa says it may revise the capital cost of its $250 million Karo Platinum Project in Zimbabwe as the chrome and platinum group...

Mining sector confident of further growth

Davison Kaiyo The current economic upheaval that is currently prevailing in the local market will have minimal impact on the growth projections of the mining...

Invictus to raise US$8.5m for drilling campaign

Itai Ndongwe Invictus Energy has launched a private placement to raise A$12 million (US$8.5 million) for drilling at its Mukuyu target in Zimbabwe. Invictus has an...