French renewable energy firm Voltalia has won the contract to build a 12MW solar power plant at Blanket Mine in Gwanda.
Caledonia, Blanket Mine’s holding company, last month raised US$13-million from a share sale to fund the project, expected to...
Hwange Colliery says coal production rose 84% in the first half of the year, but old debts continue to weigh on plans by the country's oldest coal miner to reverse years of decline.
In the six months to June, total...
Caledonia Mining has taken a preliminary step in its Zimbabwe expansion plan, signing an MoU with the government on Monday to evaluate a possible investment in state-owned gold assets.
Now, in the rubble of rusting steel that is Zimbabwe Mining...
Caledonia Mining’s Blanket Mine produced record quarterly gold output in the third quarter, and the company now says it will produce more gold this year than it previously expected.
Blanket Mine produced 15,164 ounces of gold in the three months...
Zimbabwe's energy regulator has allowed the state power company to increase tariffs by 50% from Thursday while another hike by the same margin would come into effect next month.
The Zimbabwe Electricity Transmission and Distribution Company (ZETDC) had already raised...
Innscor is fighting an order by the competition regulator to reverse its investment in Profeeds and pay a Z$40 million fine.
In May, the Competition and Tariffs Commission (CTC) ordered the reversal of a deal by Innscor to buy 49%...
A project that aims to develop Zimbabwe’s biggest platinum mine has cleared a significant hurdle, with the African Export-Import Bank completing a due diligence study allowing it to proceed with a US$500 million syndicated funding program.
While some work has...
Shares worth Z$3.43 billion were traded in Bindura Nickel Corporation (BNC) on Tuesday, as Mauritius-based commodity company Sotic International completed the takeover of Zimbabwe’s biggest nickel producer.
The bulk deal comprised 22 trades in 926.8 million shares at 370 cents...
Zimbabwe wants to grow its mining sector to US$12 billion by 2023. However, words of caution and doubt by one of the country’s biggest investors shows that the country is yet to win over the big firms that the...
Zimbabweans used more data and made fewer calls during the second quarter of the year, a period that covered the COVID-19 lockdown, according to the latest quarterly report by the industry regulator.
Mobile internet and data traffic was up 56.2%...
