INDUSTRIALS & ENERGY

Zim revives fuel pipeline deal with Botswana

ZIMBABWE has revived plans to extend its Feruka fuel pipeline to Francistown in Botswana, businessdigest can reveal.Plans to stretch to Francistown the Feruka fuel pipeline, which links Zimbabwe and M...

By Staff reporter | Published: 23 February 2018

TRANSPORT & TOURISM

RwandAir to fly Harare-Cape Town route

Rwanda's national air carrier, RwandAir has confirmed it will make in its maiden flight on the Harare-Cape Town route on May 16, 2018 as it seeks to grow destinations. RwandAir becomes the first airli...

By Staff reporter | Published: 23 February 2018

MINING & RETAIL

ACF eyes electric arc furnace project

Kwekwe-based chrome miner African Chrome Fields (ACF) is in talks with a number of potential partners including ZimAlloys for joint value addition projects expected to result in at least two electric ...

By Staff reporter | Published: 23 February 2018

INDUSTRIALS & ENERGY

Contaminated fuel shuts filling station

A HARARE filling station shut down its operations on Tuesday after it emerged that its petrol was contaminated with water. Engen Petroleum at the corner of Kaguvi Street and Robert Mugabe Road had to ...

By Staff reporter | Published: 23 February 2018

MINING & RETAIL

Zimbabwe to sue De Beers

Parliament has started gathering substantive evidence to build a case against the world's leading diamond trading, De Beers Group which collected and exported diamonds when it held only an Exclusive P...

By Staff reporter | Published: 23 February 2018

FINANCIAL SERVICES

ZB eyes guarantees for construction sector

ZB Financial Holdings has increased its focus on guarantee programmes for loan growth targeting the construction industry with over US$40 million worth of guarantees having been funded in the FY2017.T...

By Zim Ind | Published: 23 February 2018

MINING & RETAIL

Unki smelter complete in H2 2018

Anglo-American Platinum Limited's wholly-owned subsidiary Unki Mines is scheduled to complete a smelter in the second half of 2018 while total production is expected to remain flat at 170 000 PGM ounc...

By Zim Ind | Published: 23 February 2018

MINING & RETAIL

Zimbabwe resumes diamond auctions

ZIMBABWE conducted a diamond auction sale this month, as production of the precious stones gradually recovers after slumping to an all-time low of less than two million carats from peak levels of 12 m...

By Staff reporter | Published: 23 February 2018

TRANSPORT & TOURISM

CAAZ Board members axed

Transport and Infrastructure Development Minister Joram Gumbo has terminated the contracts of some board members of the Civil Aviation Authority of Zimbabwe (CAAZ). Well-placed sources said that at le...

By Staff reporter | Published: 23 February 2018

INDUSTRIALS & ENERGY

Govt in Trek Petroleum ownership fight

A MAJOR shareholder in Chaparrel Trading, a petroleum retail company operating the Trek Petroleum brand, has challenged government's takeover of the company in the High Court, alleging the transaction...

By Staff reporter | Published: 22 February 2018

TELECOMS & TECHNOLOGY

Mukonitronics loses patent case

A LOCAL electrical and electronics engineer, Lovemore Mukono, has lost a case against a company reproducing a gadget that he designed after he had registered the patent under a trust.In a long running...

By Staff reporter | Published: 22 February 2018

MINING & RETAIL

Govt dumps striking Hwange employees' spouses

Government has pulled out of the salary wrangle involving Hwange Colliery Company Limited and workers' spouses, who have been demonstrating at the company premises for the past 26 days demanding their...

By Staff reporter | Published: 22 February 2018

MINING & RETAIL

SA miners turn spotlight on Zimbabwe

The replacement of Zimbabwe president Robert Mugabe with his party rival Emmerson Mnangagwa seems to have resuscitated the interest of several South African mining firms which have turned to the south...

By Staff reporter | Published: 22 February 2018

LANDS & AGRICULTURE

Poultry sector seeks moratorium on egg imports

Poultry players have approached the government asking for the suspension of the 40% import duty on fertilised eggs to bridge the supply gap of day-old chicks created by the outbreak of avian influenza...

By Staff reporter | Published: 22 February 2018

TRANSPORT & TOURISM

NRZ eyes June target on $400m deal

The National Railways of Zimbabwe (NRZ) expects financial closure on the $400 million recapitalization deal with the Diaspora Investment Development Group (DIDG)/ Transnet Consortium by June 2018, an ...

By Staff reporter | Published: 22 February 2018

FINANCIAL SERVICES

StanChart to close seven branches

Standard Chartered Bank is set to close at least seven branches across the country due to the emergence of mobile and online banking platforms, which have taken a toll on banking sector jobs. The staf...

By Staff reporter | Published: 22 February 2018

TELECOMS & TECHNOLOGY

Kwesé TV acquires stake in iflix Africa

Econet Media's pan-African media company Kwesé TV has acquired a significant stake in iflix Africa to form part of its diverse broadcast offering, as the core vehicle to deliver seamless mobile exper...

By Staff reporter | Published: 22 February 2018

TRANSPORT & TOURISM

ZTA conducts room survey

ZIMBABWE Tourism Authority (ZTA) has started updating its data base for accommodation, tourist attractions and activities on offer in the Midlands province.Midlands has had a remarkable expansion in h...

By Staff reporter | Published: 22 February 2018

MINING & RETAIL

Hwange plans to wean off non-core activities

GOVERNMENT has hinted on plans to wean off non-core activities from Hwange Colliery Company Limited (HCCL) as part of measures to rescuscitate the ailing firm.Finance and Economic Development Minister...

By Staff reporter | Published: 22 February 2018

TELECOMS & TECHNOLOGY

Telecel to launch 'Bundle Mania' promotion

Mobile operator Telecel Zimbabwe has announced that it will be launching a point-based competition, Bundle Mania promotion, for registered subscribers who purchase WhatsApp, Facebook, MegaBoost and Wi...

By Staff reporter | Published: 22 February 2018

TRANSPORT & TOURISM

NRZ set to make $1.1 million monthly

THE National Railways of Zimbabwe (NRZ) is set to improve its monthly revenues by $1.1 million on the back of newly acquired equipment from South Africa under an interim arrangement with the parastata...

By Staff reporter | Published: 22 February 2018

MINING & RETAIL

TM to pay fired line managers

The Labour Court has ordered TM Supermarket to pay two line managers, who were fired in 2016 over $1 100 as a pro rata commission for 10 months, which the parties had agreed before the two were dismis...

By Staff reporter | Published: 22 February 2018

INDUSTRIALS & ENERGY

Zesa builds $7,5m plant for Beitbridge

THE Zimbabwe Electricity Transmission and Distribution Company (ZETDC) is building a $7,5 million sub-station to meet Beitbridge high's demand for power and about 25 000 residents are expected to bene...

By Staff reporter | Published: 22 February 2018

MINING & RETAIL

Unki in record FY17 production

ANGLO-AMERICAN Platinum's local unit Unki mine produced a record 165,900 platinum group mineral ounces in 2017, an increase of two percent from 162,000oz last year.The world's largest platinum produce...

By the source | Published: 22 February 2018

INDUSTRIALS & ENERGY

Zim's manufacturing sector crying for cheap funds

The country's manufacturing sector is crying for cheap funds for re-tooling to improve performance and production of quality goods, with little success.A number of companies in Zimbabwe, and Bulawayo ...

By Staff reporter | Published: 21 February 2018
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