The Beitbridge border post, one of the busiest land crossings on the continent, is getting a makeover in a US$296 million modernisation project. Here, newZWire reports on details of the project, and the players involved.
Why does Beitbridge need the...
Caledonia Mining is targeting mining claims at Glen Hume, near Gweru, the first step in expanding its investment portfolio in Zimbabwe.
The company says it has entered into an option agreement for exclusive exploration rights over the claims, which the...
An investment firm run by Las Vegas investor, former casino operator and race car owner Michael Luzich is a step closer to taking over a small gold mine in Penhalonga, putting down a US$200 000 deposit for the US$1...
By Mthuli Ncube
With the recent announcements of vaccines to the Covid-19 pandemic, the world is staring through their dark tunnel to get a glimpse of the light.
While the pain continues, and many still suffer, the ray of hope is...
Great Dyke Investments (GDI), a Russian-backed project planning to build Zimbabwe’s biggest platinum mine, has sold a 4.4% stake to Fossil Mines as Covid-19 disrupted fundraising for the venture.
Fossil, owned by GDI board member Obey Chimuka, will invest US$30...
Econet Wireless founder Strive Masiyiwa has been named among Bloomberg’s 50 most influential people of the year for his support to Zimbabwe’s healthcare.
The Bloomberg 50 lists the year’s most influential leaders globally, individuals with "the ability to move markets...
A High Court consent ruling directing the Ministry of Finance to publish details of foreign loans is an important step towards transparency, but may not go far enough if it does not pierce the veil covering a huge central...
By Takura Zhangazha
There is an increasing ambiguity when influential Zimbabweans debate their current government’s macro-economic policies. This is probably because they do not have structured differences with its neoliberal/free market/ease of doing business thrust.
Ordinary Zimbabweans are not so ambiguous in...
Nigeria’s biggest bank is in talks to take over BancABC and other African assets of pan-African banking group Atlas Mara.
Access Bank Plc is interested in Atlas Mara’s businesses in Botswana, Zimbabwe and Zambia, Bloomberg reported, citing sources familiar with...
Caledonia Mining says the equipping of the central shaft at Blanket Mine is now complete, on track for commissioning in the first quarter of 2021.
The project entailed deepening the shaft to 1,200 metres in order to access more resources....
