Invictus Energy completes Cabora Bassa 2021 seismic survey

Tadiwa Musiyiwa HARARE – Oil and gas-focused Invictus Energy Limited has completed the Cabora Bassa 2021 seismic survey with a total of 839.5 km of...

Mine Entra postponed indefinitely

Itai Ndongwe Mine Entra Expo 2021, which was scheduled to take place from November 3 to 5, 2021, has been postponed indefinitely. Zimbabwe Miners Federations (ZMF)...

World Bank announces new country manager for Zimbabwe

HARARE, November 2, 2021—The World Bank has said that it will continue to provide technical and financial assistance to respond to the challenges facing...

AXIA increases stake in Restapedic to 60%

HARARE - AXIA Corporation Limited has acquired 11% more shares in local bed manufacturing company, Restapedic , bringing its shareholding to 60%. In its trading...

Here’s how RBZ can promote use of the local currency: (WATCH)

HARARE - The quickest way to promote ZWL is for the government to start accepting ZWL for stat obligations. Mining companies need not be...

Enlightened climate policy for Africa

Aloysius Uche Ordu, Arunma Oteh, OON, and Jeanine Mabunda Lioko As the world convenes in Glasgow for the 26th United Nations Climate Change Conference of...

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...