FINANCIAL SERVICES

Investors target Agribank

SEVERAL investors have been lined up to snap a significant stake in Agribank, as government moves to recapitalise the financial institution.The agro-focused bank - wholly owned by government - is stru...

MINING & RETAIL

SA gold unions reject insulting wage increase proposals

Gold wage negotiations between producers, AngloGold Ashanti, Harmony, Sibanye-Stillwater and Village Main Reef, and representative unions, the Association of Mineworkers and Construction Union (AMCU),...

TELECOMS & TECHNOLOGY

Potraz launches telemedicine pilot project

The Postal and Telecommunications Regulatory Authority of Zimbabwe (Potraz) has launched a telemedicine pilot project in Manicaland. The move is aimed at expanding the Pan African e-network telemedici...

CONSTRUCTION & PROPERTY

Brick prices soar 12%

Zimbabwe's leading brick making companies have raised prices by almost 12 percent on strong demand largely driven by increased construction activity in the economy. A survey shows that Willdale and Be...

LANDS & AGRICULTURE

Farm workers get $5 salary increment

FARM workers have been given a salary increment of between $5 and $7 amid concern that union officials who negotiated the adjustments failed to adequately represent the interests of their lowly-paid m...

MINING & RETAIL

Mnangagwa urges sensitivity in mining operations

PRESIDENT Emmerson Mnangagwa has urged mining companies to adhere to the country's environmental laws to avoid land degradation and environmental pollution during their operations.Speaking during the ...

MINING & RETAIL

Formulate environment policy to control small-scale miners

AN environmental and cultural rights lawyer has called for a proper and clear policy framework that can enable small-scale miners to operate without harming the environment while contributing to the e...

TRANSPORT & TOURISM

Zimbabweans top SA tourist arrivals

ZIMBABWE contributed up to two million tourists to South Africa in 2017, becoming the largest source of African visitors to the neighbouring country, a report has shown.Highlights from a recent report...

FINANCIAL SERVICES

Banks increase withdrawals to $100

DEPOSITORS smiled all the way to banks on Monday and yesterday as banks in Bulawayo offered more cash withdrawals of up to $100, both bond notes and United States dollars.Yesterday, scores of deposito...

FINANCIAL SERVICES

Low-cost bank accounts up 143%

Zimbabwe's low cost bank accounts have grown by 143 percent to 3,16 million in the first quarter of 2018, according to figures from the Reserve Bank of Zimbabwe (RBZ). The figure represents 57 percent...

INDUSTRIALS & ENERGY

Govt, steel firm sign coal mining pact

Government yesterday signed a special coal mining grant with iron and steel company Steelmakers that will allow the firm to invest $120 million on expanding its production. With iron and steel plants ...

MINING & RETAIL

Karo platinum project to create 90 000 jobs

President Mnangagwa yesterday officially launched the $4,2 billion Karo Resources consolidated platinum project in Mhondoro-Mubaira, which is set to create a combined 90 000 jobs as Government steps u...

INDUSTRIALS & ENERGY

Mnangagwa signs deal to reopen steel plant in Masvingo

President Emmerson Mnangagwa says the re-opening and expansion of a steel plant in Masvingo will promote value addition and create employment.He said in Harare this evening during at a signing ceremon...

MINING & RETAIL

Mnangagwa commissions $4,2bn platinum project

President Emmerson Mnangagwa has officiated at the groundbreaking ceremony of a $4,2 billion platinum mining project at Karo Resources' Mhondoro-Ngezi mining site, where he noted that projects of this...

INDUSTRIALS & ENERGY

Mutoko Power Station amends licence

Nyangani Renewable Energy Limited trading as Riverside Power Station, a company licensed under the Electricity Act to construct, own and operate a 2.5 MW solar plant at Musvaire Village in Mutoko, Mas...

INDUSTRIALS & ENERGY

Pressure on petrol prices

Petrol prices are marginally increasing at some pump stations after holding steady for the better part of the month.Observers fear the increases, blamed on bottlenecks in the supply chain, could have ...

LANDS & AGRICULTURE

Raw milk production projected to grow by 12% in 2018

ZIMBABWE'S raw milk production is projected to grow by an average of 12% in 2018, buoyed by government's dairy revitalisation programme which aims at increasing the national herd, an official has said...

MINING & RETAIL

Small-scale miners receive a major boost

At least 90 plus small scale miners are set to benefit through the opening of Bubi Gold Service Centre in Matabeleland NorthZimbabwe Miners' Federation (ZMF) spokesperson, Dosman Mangisi said the sett...

TELECOMS & TECHNOLOGY

OneMoney spurs NetOne active subscriber base

MOBILE telecommunications firm, NetOne, says its mobile financial service - OneMoney - increased its active subscribers by more than 49% in the first quarter of the year, due to the increase in the us...

LANDS & AGRICULTURE

Tobacco output reaches record high

ZIMBABWE's tobacco output has reached a record high of 237.1 million kg just before the end of the 2018 selling season, statistics from the Tobacco Industry and Marketing Board (TIMB) show.This year's...

MINING & RETAIL

RHA Tungsten set to resume operations

DIVERSIFIED and Zimbabwe focused mining group, Premier African Resources is set to resume operations at its RHA Tungsten project at Kamativi after finalisation of equity restructuring with the Governm...

TELECOMS & TECHNOLOGY

Maitengwe finally gets mobile connectivity

THE era of reliance on mobile connectivity from neighbouring Botswana is over for Maitengwe community in Bulilima West constituency following yesterday's official commissioning of a shared base statio...

INDUSTRIALS & ENERGY

Firm eyes $1 million machinery upgrade

One of the country's leading manufacturer and supplier of stationery products, Rank Zimbabwe, plans to inject approximately $1 million into a new machinery that will among other things allow the compa...

MINING & RETAIL

Blanket Mine gold output stagnates

LONDON Stock Exchange-listed resources firm Caledonia Mining Corporation says gold output at its Zimbabwean unit, Blanket Mine, went up one percent to 25 582 ounces for the half year ended June 30, 20...

Pickstone gold output up 10%

AIM-listed junior miner Vast Resources (Vast) says gold production at its Pickstone Peerless mine increased by 10 percent to 6,969 ounces in the quarter ended June 30, 2018 compared to 6,326 ounces re...