French renewable energy firm Voltalia has won the contract to build a 12MW solar power plant at Blanket Mine in Gwanda.
Caledonia, Blanket Mine’s holding company, last month raised US$13-million from a share sale to fund the project, expected to...
Dairibord, the country’s largest dairy company, is in talks to merge with smaller rival Dendairy, according to industry sources.
ZSE-listed Dairibord is currently trading under a cautionary announcement, first released in July, on current talks with “an unlisted entity”.
“Further to...
Hwange Colliery says coal production rose 84% in the first half of the year, but old debts continue to weigh on plans by the country's oldest coal miner to reverse years of decline.
In the six months to June, total...
Caledonia Mining has taken a preliminary step in its Zimbabwe expansion plan, signing an MoU with the government on Monday to evaluate a possible investment in state-owned gold assets.
Now, in the rubble of rusting steel that is Zimbabwe Mining...
Finance Minister Mthuli Ncube says the economy would not be as severely impacted by the COVID-19 pandemic as initially feared and foreign currency inflows had shown resilience.
The economy was already grappling with runaway inflation, shortages of drugs in hospitals...
Caledonia Mining’s Blanket Mine produced record quarterly gold output in the third quarter, and the company now says it will produce more gold this year than it previously expected.
Blanket Mine produced 15,164 ounces of gold in the three months...
When Finance Minister Mthuli Ncube announced his Transitional Stabilisation Programme (TSP) on October 5 in 2018, he pledged to sell off dozens of state enterprises by the end of this year.
In one article pushing for the sell-off, Mthuli promised...
Zimbabwe's energy regulator has allowed the state power company to increase tariffs by 50% from Thursday while another hike by the same margin would come into effect next month.
The Zimbabwe Electricity Transmission and Distribution Company (ZETDC) had already raised...
By Farai Shawn Matiashe
When the girls at Sahumani Secondary School in Hauna started playing rugby, they had to make do with the soccer pitch and the oversized football shirts used by the boys.
Five years on, several have represented their...
The U.S. asked Zimbabwe to help put down an Islamist insurgency in neighboring Mozambique that’s destabilizing a region rich in natural gas, people familiar with the matter said.
The request came in a phone call between U.S. Assistant Secretary for...
