Zimbabwean miners could pay half of their royalties in minerals as part of a plan by Government to build up mineral reserves. Currently, platinum miners pay 2.5% in royalties. They start paying 5%...
A perfect storm of breakdowns at Hwange’s aged power plants, failure of a unit at Kariba, and a fire that took out transmission lines caused the worst outages in years this week, the Energy Ministry says.
With inflation limiting property developers' options, building large warehouses for retail and industrial clients is proving to be the sweet spot for the country’s biggest real estate investors. First Mutual Properties, in its latest...
By Tonderai Maruke The "cellphone farmer" is a term that has been used to describe detached farmers who choose not to get their fingers dirty. But a shift towards the use of technology in...
The Government has signed an MoU with Eagle Canyon International of Hong Kong and Pacific Goal Investment to develop an industrial park to process battery minerals such as lithium and nickel. The ambitious plan...
ZIMRA has garnished US$24 million from Unki Mines, leaving the country’s second biggest platinum operation at risk. The revenue authority accuses Unki of underpaying royalties, but Unki has lodged an urgent court appeal against...
PPC Africa got a US$4.4 million dividend from its Zimbabwe operations in June, and says cement demand in the country remains solid despite three price increases this year. The country’s biggest cement company says...
Dairibord sales volumes grew 11% in the first half of the year, driven by growth in non-dairy units, but costs are overspilling and the traditional milk business is soured by lower milk deliveries.
EcoCash, the country's biggest mobile money platform, has launched a mobile wallet for children between 9 and 18 years of age. EcoCash Holdings chief executive officer Eddie Chibi said only parents and guardians are...
Sinosteel’s Zimbabwe mining unit, Zimasco, has drastically curbed its smelting capacity, due to a slump in ferrochrome and chrome ore prices amid a global economic slowdown. Factors including Russia’s war in Ukraine and sluggish...

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