ZIMBABWE’S government is considering oral cholera vaccines as the death toll bacterial diarrhoeal disease continues to rise, reaching 24 deaths by Wednesday, according to the World Health Organisation.
The country is experiencing its third major cholera episode since 1998, with...
Five years after filing for judicial management, Medical Air Rescue Service (Mars) is now seeking a new investor to take up a 60 percent stake and revive what was once one of the country’s biggest private emergency medical services...
MASIMBA Holdings has reported a 55% jump in revenue in the first six months of 2018, driven by a strong order book.
The contractor’s revenue rose to $17.95 million from $11.58 million in the same period of last year.
“The growth...
THE government’s Industrial Development Corporation (IDCZ) has invited bids for Chemplex Corporation, the country’s largest chemical and fertilizer maker, in line with plans announced earlier this year.
The IDC has engaged Ernst & Young to advise on the dilution of...
London-listed Vast Resources hopes to restart production at Guruve's Eureka gold mine, in which the company’s 25%-owned Dallaglio Investments holds a 95% interest, in the first half of 2019.
Multiple work programmes are currently being undertaken at Eureka to restore...
Australian firm Prospect Resources has today announced that its 70 percent owned Zimbabwe subsidiary, Prospect Lithium Zimbabwe, has received a US$10 million Export Finance Facility from the Reserve Bank of Zimbabwe through CBZ Bank.
The loan carries an interest rate...
AIM-listed miner Vast Resources PLC has raised £863,750 through a subscription, part of which will be used for due diligence at the Marange Diamond Fields.
The company announced recently that it had reached an agreement giving it access to the...
Zimbabwe is currently facing a shortage of cement, and the reason is that producers do not have the foreign currency to meet booming demand.
Forex for plant inputs
The country’s major cement makers, among them PPC, Lafarge and SinoZim, have released...
ZIMPLATS, the country’s largest platinum producer, has reported a 94 percent drop in annual after-tax profit to $2.6 million after taking a $98 million tax hit from a land deal with the Government.
In June, Zimplats agreed to release 23...
TURNALL Holdings reported its biggest half-year profit since dollarisation in the first half of 2018, driven by strong volume growth and an unlikely upswing in construction activity in the country.
The company reported $1.4 million net profit, from a $295,000...
