African Sun says it plans to spend US$25 million to
refurbish its resorts, despite civil unrest in the first quarter of the year and
the recession hitting hotel occupancy this year.
The company runs hotels...
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...
In August 2006, news came out that Sydney Gata had been sacked as boss of power utility ZESA. A reporter at The Financial Gazette picked up the phone to call him for comment.
"Chimbosiyaivo...
Prospect Resources says a new survey shows that the ore
reserves at Arcadia lithium mine are 39% more than previously estimated, which
extends the life of the mine and makes the project more viable.
The...
The RBZ’s monetary policy committee, which sat on Friday, 15 November 2019 resolved to cut the Bank’s policy rate from 70% to 35% with effect from November 20, 2019, according to notes released by the central...
John Teeling, the millionaire Irish businessman with interests in AIM-listed explorer Botswana Diamonds, says he sees "glimmers of hope" in Zimbabwe where he is in a joint venture with Vast Resources to mine Marange diamonds.
Zimbabwe's economic crisis is linked to its political impasse, but “deep antipathy” between Zimbabwe’s rival political leaders stands in the way of progress, says South Africa’s International Relations Minister Naledi Pandor.
Pandor on...
By Archibald Mathibela
Over the entire year of the term of office of the new President of Junior Chamber International (JCI), the Zimbabwe flag will fly over the JCI world headquarters in St...
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...
Finance Minister Mthuli Ncube has tempered his economic growth
expectations for 2020, forecasting the economy to recover 3%, lower than his
initial projection of 4.6%.
The economy is still expected to shrink by 6.5% this...
