Five years after filing for judicial management, Medical Air Rescue Service (Mars) is now seeking a new investor to take up a 60 percent stake and revive what was once one of the country’s biggest private emergency medical services...
The Government has floated a tender for a new investor in Air Zimbabwe, which is $377 million in debt and recently placed under administration.  A notice published on Monday invited potential investors to show their interest by buying registration forms...
ZIMBABWE’S government is considering oral cholera vaccines as the death toll bacterial diarrhoeal disease continues to rise, reaching 24 deaths by Wednesday, according to the World Health Organisation. The country is experiencing its third major cholera episode since 1998, with...
Karo Mining has launched operations at its $4.2 billion platinum project in Mhondoro-Ngezi, where President Emmerson Mnangagwa blamed a “lack of vision” in former leader Robert Mugabe’s administration for frustrating the investment for a decade. The project, co-owned by Karo...
Invictus Energy, listed on the Australian Stock Exchange, will start drilling an exploration oil well at its Muzarabani prospect in 2020, President Emmerson Mnangagwa announced Thursday. The drilling will be at a cost of $20 million, the President said at...
It was the largest one-day transaction ever seen on the Zimbabwe Stock Exchange; $217 million worth of stock in two of the market’s biggest firms, Econet and its spinoff Cassava.  In a special bargain...
Weeks ahead of the Zimbabwe election, the battle for votes is being fought as much at the rallies as it is on mobile phones. Attack ads, campaign videos, WhatsApp blasts, Facebook Live and even fake news are combining to make...
RioZim has been forced to suspend operations at its three gold mines, the second shutdown since October, because the Reserve Bank of Zimbabwe has not paid for gold deliveries since December and has failed to meet its pledges to allow...
Cassava Smartech, the fintech spinoff of Econet Wireless, has acquired Medical Air Rescue Service (Mars), six years after what was once one of the country’s biggest private emergency medical services was placed under judicial management. In...
WITHIN hours of Emmerson Mnangagwa being inaugurated, Harry Greaves, executive director of Prospect Resources, got a call from the Ministry of Mines. The Government wanted to know how Arcadia Mine, a lithium project that had up...
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