In this installment of his column, 'Stories from Dangamvura', Chris Kabwato remembers the young people who left the township to fight in the liberation war, and how the war changed them __
Huayou Cobalt is pushing ahead with the construction of a concentrator plant at Arcadia mine, and says it has averted a potential processing dispute with a regulator. The company bought Arcadia Mine...
Innscor is one of Zimbabwe’s most dominant companies, running thriving businesses from stockfeed to groceries. But the country’s competition commission is keen on chipping away at part of what it sees as too much “market power”.
After 70 years as the distributor of Caterpillar earthmoving equipment in Zimbabwe, Barzem, a unit of Zimplow, is exiting the relationship and looking for a new supplier. Barloword will now directly sell Caterpillar equipment...
President Emmerson Mnangagwa has announced a raft of measures that he says are necessary to stabilize the exchange rate. Flanked by Finance Minister Mthuli Ncube and RBZ governor John Mangudya, Mnangagwa said “strong fundamentals”...
A capital shortfall of US$10 billion over the next five years will limit Zimbabwean mines' ability to build on better commodity prices expected this year, the Chamber of Mines says. Gold and platinum producers...
By Nelson Banya RioZim, which had been banking on Chinese financing to build a major coal-fired power plant, says it is now looking for alternative backers as China pulls back on funding such...
The International Monetary Fund (IMF) says Zimbabwe’s economy grew 6.3% in 2021, recovering from a 11.7% contraction between 2019 and 2020, but the Fund warns that the country needs reforms to sustain growth and stem rising poverty.
Zimbabwe’s biggest diamond miner says it will resume its monthly auction April, ending an eight-month hiatus caused by COVID-19, after a record year of production in 2021. The Zimbabwe Consolidated Diamond Company (ZCDC) beat...
Government has announced a 20% pay hike plus US$100 for its workers, hoping to end a teachers’ strike that disrupted the opening of schools this week. Finance Minister Mthuli Ncube said late on Tuesday...
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