Ariston grew more tea in the quarter to June than it did in the same period last year, but a global glut in supply hit export sales while local sales improved.
Global demand for macadamia was however firm, allowing the...
In October 2018, the Zimbabwe government put up the ‘For Sale’ sign on mines owned by the Zimbabwe Mining Development Corporation (ZMDC). This was part of a privatisation drive targeting 35 state-owned firms.
Within a month of inviting bids, there...
Prospect Resources says it will miss its deadline to reach a petalite offtake agreement with Belgium’s Sibelco, one of the world’s largest glass-ceramic manufacturers.
In April, the two companies signed an MoU to work on a possible offtake agreement for...
Zimbabwe’s raw milk production in the first five months to May fell by 3% as successive droughts hit stock feed, official data shows.
Milk production in the country was on a steady increase since 2009, but successive droughts have stifled...
Caledonia Mining Corporation’s Blanket mine produced 14,233 ounces of gold in the first three months of 2020, a 19% increase on last year’s corresponding quarter.
The Q1 output follows a record-breaking final quarter of...
Sales volumes at Seed Co, the country’s largest seed producer, fell 24% in the nine months to December, hit by drought, weak consumer spending and lower purchases from Government.
Volumes were 3% down...
Caledonia Mining Corporation has finally secured regulatory approval to increase its shareholding in Blanket gold mine to 64%, the company announced on Tuesday.
The Jersey-registered miner, which acquired the Zimbabwean mine in 2006, owned...
By MacDonald Dzirutwe
In a backyard in Zimbabwe’s capital, a 50-year-old mother of two is using hydroponics to grow vegetables for some of Harare’s top restaurants, defying drought and an economic crisis that...
Australian lithium developer Prospect Resources has signed a memorandum of understanding with Uranium One, the Canada-based unit of Russia’s Rosatom, that could see the miner take up a stake in Prospect and buy over half of the...
Finance Minister Mthuli Ncube has ended subsidies for maize and wheat, a move meant to cut costs, but set to further drive up the cost of staples for already pressed Zimbabwean consumers.
Ncube...
