After the toughest year on record for Zimbabwe’s platinum producers, Alex Mhembere worked overtime to lift the mood at the Chamber of Mines annual meeting on Wednesday.
“We are in winter,” said Mhembere, CEO...
Puma Energy has opened a new storage facility that doubles its storage at RGM International Airport, as part of its US$30 million expansion in the Zimbabwe market.
The new facility, built for US$3 million,...
Zimbabwe's annual inflation rose by 3.5% in USD terms in May, Zimstat says, as it released its first ZiG price data.
Zimstat now reports three separate sets of inflation figures. It now measures price...
Liquid Technologies is partnering Google to deliver Umoja, a new fibre optic line connecting Africa and Australia, the latest step by Liquid to deepen its foothold in the African digital market.
The new...
The Confederation of Zimbabwe Industries (CZI), which represents the country’s manufacturers, has released its annual Manufacturing Sector Survey.
The report shows how manufacturing is stagnating, with its contribution to the country’s GDP falling....
Kuvimba Resources says investors are queueing up for access to its lithium assets, but the company does not plan to sell its mines. Instead, it is is working on structures to accommodate investors keen to develop its...
Zimbabwe’s sole authorised buyer of gold will introduce a system that traces supply of the metal from mines to the market in a bid to stop smuggling.
Fidelity Gold Refinery’s initiative will start on...
By Nyasha Chingono
Four lithium mining companies have tabled plans to produce battery-grade lithium in Zimbabwe, a government official said on Monday.
Zimbabwe, Africa's top producer of lithium, which is...
FBC Holdings has completed the takeover of Standard Chartered Zimbabwe, and says it plans to turn the new business into a “powerhouse” targeting the niche wholesale banking market.
Under the deal, FBC now owns...
Spear Capital, a private equity fund based in Norway, has added Efoods, the manufacturer of the Mr Sauce food brands, to its portfolio of Zimbabwean investments.
The transaction adds to Spear Capital’s exposure to...
