PPC now holds 90% of Zim unit after repurchasing indigenisation shares

HARARE - PPC Limited now holds 90% of its Zimbabwe unit shareholding after the repurchase and cancellation of 19% of shares held by indigenisation shareholders. In 2012, PPC agreed to sell 29.6% equity in the...

Okavango SPV seeks US$13m for gold miner’s solar plant

HARARE - Kadoma-based Golden Valley Mine has approached the market seeking to raise US$13 million through a private placement for the construction of a 14MW solar plant through a special purpose vehicle; Okavango GVM...

Creating Hope Through Action

  By Ruvarashe Mariga Harare - September is observed as a Suicidal Prevention Month. Through education, awareness, and accessible resources, health organizations in Zimbabwe are forging a path towards a brighter future, where every individual feels...

Mnangagwa anchors Govt on “Whole of Society Approach to Development”

HARARE – President Mnangagwa has said that over the next five years, government business will be anchored on by the “Whole of Economy and Society Approach to Development as he sought to inculcate a...

Croco Motors in drive to help the needy

Staff Reporter Croco Motors, a renowned automotive company, spearheaded by their leading brand Ford Zimbabwe has taken a compassionate step towards assisting communities in need through their recent initiative, the "Truckloads of Happiness Drive." As...

ZIDA sees increase in investor licence renewals

Ryan Chigoche HARARE – The Zimbabwe Investment and Development Agency says it has seen an increase in investor interest with the current applications in the eight months to August standing at nearly 800 licences. The agency...

MCZ DRUG AWARENESS GOLF TOURNEY ON THE CARDS

  By Ruvarashe Mariga HARARE- The Methodist church in Zimbabwe (MCZ) is set to host a drug awareness campaign golf tournament on the 23rd of this month The fundraising tournament will take place at the Zimbabwe Republic Police...

Israel is an abnormal state full of hate, said Almassri

Talkmore Gandiwa Standing at the centre of the conflicts, young children run to and from with confused minds as they try to run away from the horrific terror of the Israeli forces, who continue to...

ED appoints sons as deputy ministers in new Cabinet

Harare- The newly elected Zimbabwean President Emerson Mnangagwa has appointed his two relatives into his new cabinet The nepotistic behavior was displayed at the State house this afternoon. The two sons; Tongayi Munangagwa and David Kudakwashe...
Kuvimba CEO Simba Chinyemba with one of the ED-UNZA beneficiaries

Kuvimba sets aside US$30 mln for exploration

Itai Ndongwe HARARE – Kuvimba Mining House has set aside US$30 million capex budget for exploration activities across its claims as it continues its programme of restarting the mines under its portfolio. KMH chief finance officer...