In 2019, Australia-listed energy explorer Invictus Energy announced major oil and gas potential at the Muzarabani prospect, a first step on the long road to development.
Independent analyses of seismic data confirmed significant potential...
Output at Unki mine rose 13% in the first quarter of 2020, and the mine expects to restart its concentrator in May as Zimbabwe begins a phased relaxation of the COVID-19 lockdown.
The mine...
President Emmerson Mnangagwa says mines are to resume operations during an extended lockdown, a plan that would need at least 40 000 mineworkers to be immediately screened and tested for COVID-19.
On Sunday, Mnangagwa...
Belgium's Sibelco, one of the world’s largest glass-ceramic manufacturers, is in talks with Prospect Resources that could see the company buying lithium from Zimbabwe’s Arcadia Mine.
Prospect Resources and Sibelco on Wednesday announced they...
Strive Masiyiwa is among a group of eminent Africans lobbying for the suspension of African debt payments, ahead of key meetings of the G20 this week that will decide on over US$44 billion of the continent’s debt.
Zimbabwe will use GeneXpert machines, normally used to diagnose tuberculosis, to conduct rapid tests for the novel coronavirus, the health ministry announced on Sunday.
The country, which has 14 confirmed COVID-19 cases and three...
The Confederation of Zimbabwe Industries (CZI) says 82% of local companies can only pay salaries for a month under the lockdown, urging Government to lift the restrictions to allow companies to resume limited operations.
Old Mutual Zimbabwe is to provide Z$2 billion worth of life cover to health workers on the frontline of the coronavirus fight, the country’s largest insurer says.
CEO Sam Matsekete said Old Mutual...
The African Development Bank (AfDB) has granted Olivine Industries, the maker of household brands such as Buttercup and Olivine oil, a US$8.25 million loan to build two new factories and replace aged equipment.
Olivine...
Zimbabwe hopes to keep some of the country’s mines going during the 21-day coronavirus lockdown. But the trouble is how to get the output to market, in the face of disruption of supply routes and lockdowns in...
