Nampak Zim in mixed revenue and volume performance in QJune
Pride Mzarabani
HARARE – Nampak Zimbabwe has released its trading update for the third quarter and nine months ended June 2024, revealing a complex landscape of revenue and volume performance amid ongoing economic challenges.
The company...
Aussie firm relinquishes Zim lithium projects
HARARE - MetalsGrove Mining Ltd has opted to relinquish its lithium projects in Zimbabwe after disappointing exploration results and weak market conditions.
MetalsGrove Mining is a multi-metal resource exploration company focused on the exploration of...
Tigere REIT Set to Enhance Value with Acquisition of Highland Park Phase 2
HARARE (FinX) – The Tigere Real Estate Investment Trust (REIT) has announced a strategic move to acquire Highland Park Phase 2, a premier shopping center adjacent to its existing Highland Park Phase 1 from...
ERC Urges Mnangagwa to Adhere to Constitutional Term Limits
Harare- The Election Resource Centre Africa (ERC) has called on Zimbabwean President Emmerson Mnangagwa to adhere to the constitutional term limits and complete his current term, which is set to end in 2028.
This appeal...
Global Day of Rage and Solidarity with Palestinian Prisoners and Gaza Declared Amidst Ongoing...
By Staff Reporter
August 3, 2014, has been declared a Global Day of Rage and Solidarity in response to the ongoing humanitarian crisis and alleged genocide in Gaza. The conflict has resulted in over 49,480...
Invictus secures funds for Mukuyu project
HARARE - Invictus Energy has successfully completed a US$10 million strategic placement to fund the development of the Cabora Bassa Project in Zimbabwe, with half the amount underwritten by the Mutapa Investment Fund.
The placement...
Zim eyes new blueberry markets as it targets 45% rise in exports
Talkmore Gandiwa
Zimbabwe is eyeing Europe and Middle Eastern countries as new markets for its blueberries, following a projected 45% increase in exports for 2024.
The projected 45% increase in exports primarily results from plant maturity and increased...
Zimplats sees marginal movement in mining volumes in QJune
Itai Ndongwe
Zimplats' mining volumes increased by 2% year on year, owing to pillar reclamation works at Rukodzi Mine and the continuous ramp-up of production at Mupani Mine, which is now under development.
According to the...
Bindura still undergoing examination of operations and financial status
Pride Mzarabani
HARARE - Bindura Nickel Corporation (BNC) administrators are set to conduct a thorough examination of the company's financial status and operational performance.
In the latest notice to shareholders, acting finance director Simon Masvipe indicated...
SADC industrialisation being hampered by lack of long term funding: FinMin
Talkmore Gandiwa
HARARE - The Southern African Development Community (SADC) is facing significant challenges in securing long-term financing to drive economic development.
Finance, Economic Development and Investment Promotion Minister Mthuli Ncube said despite ongoing efforts to...
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Zimref disburses US$5.4m across 12 projects in 2020
Tadiwa Musiyiwa
HARARE – The Zimbabwe Reconstruction Fund (ZIMREF) disbursed US$5.4 million across 12 executed projects against a target of US$8.1 million which translated to...
