ZIMPLATS has been dragged to court with President Robert Mugabe seeking to finalise the take-over of nearly 28,000 hectares of platinum land claims belonging to the miner.Zimbabwe is pushing through a...
ZIMBABWE'S premier logistics concern, CourierConnect's turnaround strategy has paid dividends with the company posting profits for the first time since its inception about seven years ago. For the yea...
RioZim Ltd chairman Lovemore Chihota has taken over the day-to-day management of the mining group amid indications he now has an office and works closely with external managers, the Zimbabwe Independe...
Zimbabwe mining companies say they are not evading taxes but distribute their earnings legitimately among various stakeholders in line with the country's laws.Isaac Kwesu, the Zimbabwe Chamber of Mine...
Innscor Africa Limited (Innscor) has tasked its executive director for corporate finance, John Koumides, to lead an advisory committee implementing the separate listing of the group's fast-food busine...
Meat processor Cold Storage Company says it has registered an increase in hides processed at its tannery following the imposition of an export levy on raw hides by Government.Government introduced a 7...
Listed conveyor belts maker General Beltings has recorded a 47 percent upturn in turnover for the first five month of the year, on the back of a Government initiative last year to protect a number of ...
There is renewed interest by investors in the chrome sector following the lifting of a ban on unprocessed ore exports, a cabinet minister has said.Government two weeks ago reversed a four-year chrome ...
Innscor Africa Limited's bread making subsidiary, Baker's Inn, has recorded a 36 percent increase in sales volumes to 340 000 driven by price reductions.Chief executive Mr Toni Fourie said the jump in...
Mobile telecommunications firm Econet Wireless last Friday launched a service that allows farmers to access extension services from experts through the phone.Dubbed "Dial-a-Mudhumeni", the service has...
HWANGE Colliery Company Ltd has received bids from four companies interested in rebuilding its coke oven battery as it moves to increase regional exports.The battery, which converts coking coal into ...
Government has ordered a forensic audit of State-owned meat processor Cold Storage Company's (CSC) operations before approving an $80 million injection from a Botswana investor.CSC used to play a lea...
Meat processor Cold Storage Company says it has secured an investor willing to inject $80 million into the company but Government is yet to approve its turnaround strategy which paves the way for the ...
The Civil Aviation Authority of Zimbabwe (CAAZ) will be conducting test flights at the beginning of August to ascertain if the new Victoria Fall Airport runway meets international aviation standards.T...
Government will proceed with plans to consolidate diamond mining operations in the country despite facing resistance from certain diamond mining companies who up to now are still to make a decision o...
The Reserve Bank of Zimbabwe says the banking sector's capitalisation though largely in compliance with minimum capital requirements, remains under threat from losses being recorded by a few banking i...
THE government says plans are underway to increase mandatory blending levels of unleaded petrol with ethanol to E30 and beyond as part of measures to arrest energy costs.Responding to questions on gov...
The Kimberly Process Certification Scheme intercessional meeting has started in Luanda Angola, with the initial working group sessions avoiding contentious issues to do with the vice chairmanship and ...
Air Zimbabwe has today re-launched its Harare-Lusaka route which was discontinued in 2011 due to low passenger traffic. The airline will now be flying between Harare and Lusaka three times a week - o...
A local refrigeration manufacturer, CAPRI has commissioned a $12 million plant that is expected to help boost capacity utilisation to 100 percent with immediate effect.The company's product availabili...
The Zimbabwe National Roads Administration (ZINARA) has dangled the idea of a corridor master development plan (CMDP) towards the dualisation of the Beitbridge-Chirundu road, which emphasises the upgr...
The government controlled Herald, reported that attempts by Western countries to discourage trade in Zimbabwean diamonds at the Kimberly Process Certification Scheme Intercessional Plenary which start...
Minister of Finance Patrick Chinamasa told junior parliamentarians that the government was implementing measures to increase gold production in the country. Chinamasa noted that government had recentl...
Meikles Mega Market wholesale and retail chain has opened its sixth branch as it expands its footprint across the country. The sixth branch, in Gweru, was opened last week and is the second-largest in...
Zimbabwe tobacco farmers have so far auctioned 164 million kg of the crop worth $484 million since the opening of the 2015 selling season in March.Statistics released by the Tobacco Industry and...