Masimba HY revenue up 55%, order book strong

MASIMBA Holdings has reported a 55% jump in revenue in the first six months of 2018, driven by a strong order book. The contractor’s revenue rose to $17.95 million from...

Govt puts Chemplex up for sale

THE government’s Industrial Development Corporation (IDCZ) has invited bids for Chemplex Corporation, the country’s largest chemical and fertilizer maker, in line with plans announced earlier this year. The IDC has...

Police pour dirty water on Chamisa ‘inauguration’

THE police say they will not allow any public gatherings in Harare following an outbreak of cholera in the capital, throwing into doubt a major opposition rally planned for...

FinMin Ncube meets business execs

NEWLY appointed Finance Minister Mthuli Ncube on Wednesday met a group of high-profile executives in Harare, in his first public act since assuming office this week. The former African Development...

Eureka gold mine to restart production in H1 2019

London-listed Vast Resources hopes to restart production at Guruve's Eureka gold mine, in which the company’s 25%-owned Dallaglio Investments holds a 95% interest, in the first half of 2019. Multiple...

Prospect gets US$10m RBZ facility for Zim lithium project

Australian firm Prospect Resources has today announced that its 70 percent owned Zimbabwe subsidiary, Prospect Lithium Zimbabwe, has received a US$10 million Export Finance Facility from the Reserve Bank...