THARISA, the UK-listed chrome and platinum group metal (PGM) producer, would consider taking on an equity partner for its Zimbabwe platinum group metal (PGM) project as one of several financing options.
“It’s certainly an option,” said Phoevos Pouroulis, CEO of...
ZIMBABWEAN mining companies are seeking to float a syndicated bond of US$1 billion in London to raise capital for their aged mines.
Under the proposed deal, first discussed in March between British investors, Mines Minister Winston Chitando and Zimbabwean companies,...
ASX-listed Prospect Resources has increased its ownership of the Arcadia lithium mine in Zimbabwe from 70% to 87%.
Prospect has begun construction at the site, near Harare, at a cost of $25 million.
Prospect reached a conditional agreement with Farvic Consolidated...
TELECOMMUNICATIONS firm, TelOne, launched its video on demand service on Wednesday, as it pursues a diversification strategy away from its traditional voice offering.
TelOne has partnered South Africa’s Discover Digital to package the Digital Entertainment on Demand (DEOD) service.
As interest...
AFTER his surprise appointment last month, Finance Minister Mthuli Ncube arrived at a Treasury which had just put out a grim first half report showing a $1.34 billion budget deficit, domestic debt approaching $10 billion, an unrelenting Treasury Bill...
The last mine trucks rolled out of Kamativi over 24 years ago. Tin prices had collapsed, and the mine was forced to shut down.
Now the old tin mine is about to reinvent itself, but this time producing a different...
Command agriculture is not sustainable, foreign currency shortages are discouraging investors, Government bureaucracy is frustrating businesses and taxes are too high.
This is according to Surface Wilmar, the country's biggest cooking oil manufacturer and maker of Buttercup margarine and Olivine...
Cafca, Zimbabwe’s sole cable manufacturer, says it expects earnings to come in five times higher than last year due to strong local demand for its products.
The company issued a profit warning on Monday, telling shareholders that earnings per share...
THE Harare City Council's acting Town Clerk, Hosiah Chisango, has suspended officials suspected of inflating prices of material used in the capital's ongoing fight against cholera, which has killed 30 people, the municipality announced on Monday.
The move to suspend...
IN MANY ways, Simudzirai Primary School in Glen View, Harare, is a microcosm of how many Zimbabweans are getting by.
By day, the privately owned school offers education to children who cannot find places in already overcrowded state schools. By...
