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...
In 2009, Zimbabwe stopped showing annual inflation data after switching to the US dollar. Now, the country is doing this again, and this time it's because it has ditched the US currency.
Until...
Zimbabwe’s central bank on Wednesday sought to raise 30
million Zimbabwe dollars ($3.27 million) at its first public auction of
treasury bills since 2012.
Between 2013 and last year, the government held private
auctions for banks...
Tourism Minister Prisca Mupfumira, who is facing charges of criminal abuse of office from her time as Labour Minister, appeared in court today.
She will know tomorrow (Saturday) if an application by the State...
It's the dry season for Delta Corporation, in more ways that one; Zimbabwe consumers are spending less on beer and soft drinks, while the drought threatens the company's supply of critical cereals.
Delta...
Anglo American Platinum (Amplats) says better efficiencies and higher recoveries in the first half of the year resulted in record platinum output at Unki Mine in Zimbabwe.
In its latest production report for...
Econet Wireless will be forced to take “drastic measures” if the power crisis is not resolved immediately, the country’s largest telecoms company said Monday, in a strongly-worded statement that reflects the deepening frustration across business in Zimbabwe...
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,...
Civil servants will go on strike unless government raises salaries to the equivalent of US$475 for the lowest paid worker, union leaders said on Tuesday.
Zimbabwean workers’ incomes have been eroded by resurgent inflation,...
Zimbabwe’s Transitional Stabilisation Programme (TSP) could solve the economy's “fundamental weaknesses”, but its is weighed down by the lethargy of President Emmerson Mnangagwa’s government on implementing pledged reforms, according a new assessment of the Zimbabwe economy by...
