A coal deal in the works for Tsingshan, Contango

UK-listed Contango, which is developing a new coal mine in Zimbabwe, says it is in talks with a “multinational company” for a possible coking coal mining deal.

TelOne’s Chipo Mtasa: ‘I take a bow with my head high’

After a decade as Managing Director of TelOne, Chipo Mtasa says she is bowing out “with my head high”. Mtasa was appointed MD of...

Innscor workers revel in US$453K dividend as company earnings grow

Innscor Africa Limited has paid out close to half a million US dollars to workers, saying this was a sign of growth in profitability.

Fossil completes takeover of Lafarge Cement in US$29.7m deal

Fossil Mines has completed the takeover of Lafarge Cement, giving the infrastructure company control of one of Zimbabwe’s biggest cement producers. The deal reportedly...
Karo Mining Zimbabwe

Tharisa extends US$50m Karo bond to mop up demand, but faces regulatory delay

Tharisa has extended its US$50 million bond issue for Karo Mining, saying it needed to mop up “strong interest” from potential investors. A regulatory holdup may also...

A mall at Harare showgrounds, hotel among planned property developments for newly-listed Tigere

A new mall at the Zimbabwe Agriculture Showgrounds and a hotel are among new projects that property developer Terrace Africa plans to add to the portfolio of...