CBZ is Zimbabwe’s largest bank, but CEO Lawrence Nyazema sees it as a big fish in a small pond. He says it’s time for the bank to expand beyond the country’s borders—starting this year.
Zimasco (Pvt) Ltd has gone to court to block what it says are attempts by a Kwekwe-based businessman Shepard Tundiya, through his company Avim Investments, to seize control of the mining company.This follows a recent high court...
Zimasco (Pvt) Ltd has dismissed recent media reports suggesting that it is under corporate rescue, insisting that it remains financially stable and focused on expansion.
The company issued a statement following a report...
Kuvimba Mining House expects to produce 3,600kg of gold in the financial year ending March, a 12.5% increase from the previous year. To support this growth, the company plans to invest $38 million into its largest operation,...
Zimasco, one of Zimbabwe’s largest ferrochrome producers, has been placed under corporate rescue after papers filed by controversial businessman Shepherd Tundiya claimed the company owes creditors over US$77 million.
Tundiya says his company Avim...
After years of falling production, strikes and widening losses, RioZim has announced the inevitable – it is selling its mines to a new investor.
The company, once one of Zimbabwe's biggest gold producers, has...
The Zimbabwean government and platinum producers are again at odds over the timeline for local beneficiation, with miners seeking a further delay in a tax on unrefined minerals. They argue that persistent power cuts have delayed their...
New investors bought shares in OK Zimbabwe just before the country's biggest retailer shook up its management and laid out a strategy to reverse a crisis that has forced it to close some of its shops.
Zimplats is set to begin the next phase of its 185MW solar project after the first 35MW phase went live last year.
Zimbabwe’s largest platinum producer is developing the project in four phases, with...
Zimbabwe’s state miner is planning a fresh bid to kick-start a range of projects a year after the government took full control of the company.
Kuvimba Mining House, under new Chief Executive Officer Trevor...
