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...
Grow trees or face ban, tobacco farmers warned
Talkmore Gandiwa
Zimbabwean tobacco farmers are at risk of being banned for endangering the environment resulting in climate change with calls for them to establish...
Old Mutual assists National Blood Services
Itai Edwin Ndongwe
The Zimbabwe Stock Exchange-listed life insurance company, Old Mutual Zimbabwe, has handed over US$15 000 to National Blood Services Zimbabwe for the...
