AS Zanu-PF’s long-serving chief whip, Joram Gumbo came across as a tidy, backroom operator, quietly but efficiently pulling the strings for his party in Parliament. But his scrapbook in government since his appointment as minister three years ago has...
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...
The Japan External Trade Organisation (JETRO) has a 52-page manual to help foreigners navigate Japanese business culture. While the Japanese are often not as forthright as Americans, it says, and one thing they...
The World Food Programme (WFP) on Thursday appealed for a further US$250 million in aid to support what it calls a “rapidly expanding emergency operation” to save millions of Zimbabweans from starvation. By the end of the year, the number...
Russia’s Alrosa, the world’s largest diamond company by volume, has signed an MoU with state-owned Zimbabwe Consolidated Diamond Company (ZCDC) for exploration and development of diamond deposits in the country. Under the agreement,...
Reserve Bank of Zimbabwe governor John Mangudya on Monday defended the central bank’s interest rate policy against charges that negative rates were fuelling exchange rate instability and inflation. The central bank on Monday maintained...
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...
By Mukasiri Sibanda A few days after the release of the 2020 National Budget Statement, the Zimbabwe Environmental Law Association (ZELA) received an invitation from the Clerk of Parliament to share its insights...
Caledonia Mining Corporation says it has completed its shaft sinking at the new central shaft at Blanket Mine, part of the London and New York-listed firm’s plan to ramp up gold production. The project has...
Finance Minister Mthuli Ncube’s statement to Parliament on Wednesday was short on details of how government intends to tackle the multiple crises buffeting the economy. He, however, presented new budget and GDP figures, following...
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