By Tonderai Maruke
After spending US$70 million on new investments last year, Innscor is spending a further US$56 million for the coming year on new projects. One of these projects may make Delta Corporation...
Zimbabwe shipped its first coal to China, exporting 20,000 tonnes as part of a trial run to a customer in the cement industry.
The coal was transported via the Mozambican port of Beira, Linos...
Caledonia Mining has added another asset to its growing portfolio. Its latest buy is Motapa Mining, whose gold claims sit next to Bilboes Mine, which Caledonia agreed to buy in July.
This is Caledonia's...
By Anna Majavu
More than 14 years after being forcibly relocated from their ancestral villages to make way for mining in one of the world’s largest diamond-producing projects, residents of Arda Transau are...
Zimbabwe is getting its very first Real Estate Investment Trust (REIT) after the launch of Tigere Property Fund. A REIT allows a company to pool investor funds into real estate investments. Investors then buy units in the...
Tight monetary policy may have slowed inflation, but it has weakened consumer demand, according to Zimbabwe’s largest food manufacturer.
Central bank has maintained interest rates at 200% and kept a tight leash on money...
UK’s Contango Holdings, which is developing the Lubu coal project in Hwange, is raising US$8.6 million via a share placement on the London Stock Exchange to speed up mine development, eager to take advantage of rising coal prices.
Water levels at Kariba dam are plunging toward record lows, threatening hydroelectricity production for Zambia and Zimbabwe.
The dam currently has 10.9% of usable storage, compared with 34.1% a year ago, according to data...
The Tigere Property Fund will become Zimbabwe’s first listed Real Estate Investment Trust (REIT) after launching its prospectus Friday ahead of its listing on the Zimbabwe Stock Exchange.
REITs allow a company to pool...
Tongaat Hulett says its Zimbabwe operations will not be affected by its decision on Thursday to go into business rescue over debts.
The company runs Hippo Valley and Triangle sugar estates in Zimbabwe. The...
