AIM-traded Galileo Resources plc, which in early August identified multiple gold targets on a permit it is exploring in Zimbabwe, says the same acreage has potential nickel mineralisation too.
The company says the recent...
Zimbabwe is not among China’s biggest debtors, but China remains one of the biggest sources of funding and investment for Zimbabwe. China’s economic interests in the country are also the subject of strong public debate.
If the goal of political parties is to bring forth the best policies and ideas, then it is only fitting that those ideas and policies be honed through internal debate, writes our columnist Mike Murenzvi.
Zimbabwe says it is in talks with the Dubai unit of SkyPower, a renewable energy projects developer, to build 500MW of solar plants in the country.
The proposed solar parks would be built in...
Kuvimba Mining House, the country’s biggest gold producer by output, plans to increase output at Shamva Mine fivefold by next year.
The government holds a 65% stake in Kuvimba, which bought Shamva from Metallon...
Gold miners say they can only invest the US$1 billion required for development over the next five years if they can retain a greater share of their foreign exchange earnings.
At Nestlé Zimbabwe, the factory has capacity to produce 45 million litres of milk per year. But there just isn’t enough milk to push the factory to capacity, a result of the drop in milk production that...
Reserve Bank of Zimbabwe will maintain “a tight” hold on monetary policy over the next half-year to try and tame inflation, governor John Mangudya says.
In his latest monetary policy statement released Thursday, Mangudya...
By Ray Ndlovu
Zimbabwe plans to set up an exchange-traded fund that will give investors exposure to shares in insurer Old Mutual and cement maker PPC on the Victoria Falls Stock Exchange (VFEX).
By Godfrey Marawanyika
Sovereign defaults by both Zambia and Zimbabwe have escalated the Batoka Gorge hydroelectric project cost, with the estimated price climbing 23% to almost US$5 billion.
The plan,...
