Why Zim is running out of cement

Zimbabwe is currently facing a shortage of cement, and the reason is that producers do not have the foreign currency to meet booming demand. Forex for plant inputs The country’s major...

Failure, scandal and success: Taking stock of Zim’s China ‘mega deals’

In April this year, the State-controlled Herald splashed a triumphant headline across its front page: “Chinese company to build $7bn tourism city”. A Chinese firm, the Touchroad Group, planned to...

Zimbabwe donates 10 rare white rhinos to the DRC

Zimbabwe is donating ten white rhinos to the Democratic Republic of Congo to help the central African country replace its herd, which was decimated by poaching. In a statement on...

Zimplats FY profit down 94% after big $98m tax charge

ZIMPLATS, the country’s largest platinum producer, has reported a 94 percent drop in annual after-tax profit to $2.6 million after taking a $98 million tax hit from a land...

ZW VIEW: We want technocrats, but we don’t want them

CABINET speculation season is upon us and, once again, Zimbabweans are demanding the appointment of technocrats into Government. As if they voted for them. Newspaper headlines are calling for these...

Turnall turns the corner, SMM fibre supplies grow

TURNALL Holdings reported its biggest half-year profit since dollarisation in the first half of 2018, driven by strong volume growth and an unlikely upswing in construction activity in the...