Government will focus its testing strategy on returning citizens after the number of COVID-19 cases in the country more than doubled to 132. All but one of 76 new cases were detected from samples...
The Reserve Bank of Zimbabwe is failing to ship in enough foreign currency to pay for gold purchases, a miners’ group says.  Fidelity Printers & Refiners (FPR), the central bank unit which is the...
Zimbabwe is inviting bids for the installation of 500MW of solar power plants, hoping a shift to renewable energy will help ease crippling power cuts. The country has faced power cuts of up to...
By Perry Munzwembiri Exactly 30 days after a harried Mthuli Ncube wrote to the International Monetary Fund pleading for debt relief and financial assistance to help Zimbabwe’s fight against Covid-19, the finance minister...
Caledonia Mining says it is targeting the acquisition of small brownfield operations Zimbabwe, as part of a growth strategy to follow completion of the shaft deepening project at Blanket Mine. The company is deepening...
RioZim says its main shareholder is willing to convert loans worth US$11 million into additional shares in the gold miner, but number two shareholder Old Mutual has turned down a proposal to increase the company’s authorised share...
Zimbabwean private equity fund Mangwana Opportunities, backed by businessmen Joe Mutizwa and Ted Galante, has taken up shares in Invictus Energy in a placement worth US$287,000. Funds raised from the transaction will be used...
The capital’s main COVID-19 treatment centre does not have intensive care unit (ICU) personnel to manage critically ill patients, a City of Harare epidemiology report has revealed. Harare’s 12 active coronavirus cases are the...
In 2019, Australia-listed energy explorer Invictus Energy announced major oil and gas potential at the Muzarabani prospect, a first step on the long road to development.   Independent analyses of seismic data confirmed significant potential...
President Emmerson Mnangagwa says mines are to resume operations during an extended lockdown, a plan that would need at least 40 000 mineworkers to be immediately screened and tested for COVID-19. On Sunday, Mnangagwa...
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