After investing US$86 million into its mines over the past four years, Padenga Holdings is setting itself a target of 100,000 ounces of gold per year.
The company’s mining arm, Dallaglio, has spent US$46...
The Tigere Fund plans to more than double its property portfolio to US$50 million by the end of 2025 – and push on to US$100 million over the next three years.
Tigere’s listed real...
Zimbabwe’s platinum miners are asking the government for help in reducing electricity tariffs and fiscal charges so producers don’t have to consider closing some sites.
The Chamber of Mines of Zimbabwe, representing most large...
Hwange Colliery has doubled coal production, benefitting from new mining equipment and increased demand from the two new thermal power units.
The company reports that coal production in the three months to September increased...
Axia Corporation says it is focused on targeted expansion and product diversification to drive growth.
The company owns TV Sales & Home, the country’s biggest furniture retailer, Distribution Group Africa (DGA), which distributes most...
Zambia and Zimbabwe are retendering a US$5 billion project to build a hydropower plant they previously awarded to General Electric and Power Construction of China, and expect to select new bidders by September next year, an official...
National Foods, the country’s biggest food producer, says it is moving to ensure that it meets market demand after the worst drought in years.
In the six months to December, Natfoods suffered a 9.5%...
Russia says there is a possibility that Zimbabwe may host a future Russia-Africa Summit, but that it would need to upgrade infrastructure.
Russian Ambassador to Zimbabwe Nikolay Krasilnikov says Victoria Falls could become the...
Zimbabwe’s maize harvest will come in 70% lower than last season after drought decimated crops, the Ministry of Agriculture says.
An outlook report by the Ministry projects that Zimbabwe will produce about 696,116 tonnes...
Invictus Energy has signed up private equity firm Mangwana Capital to lead negotiations with Zimbabwean institutional funds that are seeking to invest in the energy prospect.
Mangwana Capital manages the Mangwana Opportunities Fund, which...
