Mthuli Ncube has one job when he walks up to the mic in
Parliament to present the 2020 budget; put money into the pockets of consumers.
The Finance Minister will not have missed the news...
Caledonia Mining says production at Blanket Mine rose over 7% in its latest quarter, despite power outages and rising costs.
In the three months to September, gold output dipped 2.4%
year-on-year to 13,646 ounces, held...
President Emmerson Mnangagwa's selection of a man with no university education as Deputy Minister of Higher and Tertiary Education, Innovation, Science and Technology is just one of many questionable appointments in last Friday's reshuffle, which goes against...
Impala Platinum Holdings is in talks to buy land in Zimbabwe from rival Anglo American Platinum as the world’s second-biggest producer of the precious metal seeks to boost output from the southern African country, according to people...
As things get tough, more and more Zimbabweans are looking
to “prophets” to divine the future and sell them some hope.
From their pulpits, out on the streets and in large venues, they draw...
Confidence among mining executives in Zimbabwe has dipped further this year, hit by worries over power cuts, the foreign currency crisis and an uncertain policy outlook, a new industry survey shows.
The Mining...
Varun Beverages says Zimbabwe is one of the fastest growing markets for its Pepsi products, although the foreign currency crisis remains a cause for caution.
In a conference call with investors on Tuesday, Varun
director...
Zimbabweans are spending less on beer and soft drinks as
inflation erodes incomes, according to the latest trading update from Delta,
the country’s largest brewer and beverage maker.
Drinkers consumed 40% less beer in the...
RioZim says gold output for the half year to June fell 8%,
as the company lost production time to power cuts and felt the impact of rising
costs.
Local procurement costs have risen as market...
Jorum Gumbo, the former Transport Minister, has been arrested for his actions around the Zimbabwe Airways controversy. But it tells a story of President Emmerson Mnangagwa’s feeble anti-corruption drive that none of the charges Gumbo faces shed...
