Zimbabwe and Zambia have completed the Kariba Dam wall rehabilitation project, described by the main funder as "one of the most impressive European Union-funded engineering projects in Africa".
The project involved reshaping the plunge...
Government is failing to pay a long-standing US$50 million debt owed to a foreign mining company, and is instead seeking to have state mining company Zimbabwe Mining Development Corporation (ZMDC) use its assets to clear the bill....
UK-listed mineral explorer Kavango Resources says it plans a secondary listing on the Victoria Falls Stock Exchange (VFEX), hoping to attract local capital as it extends gold exploration in Zimbabwe.
Kavango has engaged Inter Horizon Advisory...
PPC achieved record cement production in the year ending March, driven by strong output in the first half of the year. However, growth slowed in the latter half as government projects eased and new tax measures impacted...
At a briefing in March, one analyst asked Simbisa CEO Baldwin Guchu if Zimbabwe’s biggest fried chicken company was crossing the road into property.
Simbisa has been expanding rapidly, opening 48 new spots since...
Invictus Energy has secured the backing of investor Mangwana Capital and the Mutapa Investment Fund to raise US$10 million to develop its gas find in Muzarabani.
NSSA and the Public Service Commission Pension Fund...
Finance Minister Mthuli Ncube has presented his mid-term budget review to Parliament. In his statement, he lays out how much government has spent on roads this year. He has also introduced a set of new measures, including...
Finance Permanent Secretary, George Guvamatanga, says the Auditor General’s office “misdirected itself” when it reported findings of how government was paying millions for undelivered goods.
The auditor should have told the public that...
South Africa’s f Home Affairs Minister says he is opening consultations over the fate of about 178,000 Zimbabwe on special permits, after a court barred government plans to deport them.
Speaking during a Parliamentary...
Kuvimba Mining House says it has signed an agreement with a Chinese consortium to build a US$310 million lithium plant at Sandawana Mine, but the company is yet to name the new investors.
