TELECOMS & TECHNOLOGY

Vandalism costs TelOne

DIVERSIFIED telecommunications firm, TelOne, has lost over US$3 million in the 10 months to October this year due to vandalism of network infrastructure.Of the US$3 million, US$2, 2 million was in los...

By Staff reporter | Published: 23 December 2018
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TELECOMS & TECHNOLOGY

Copper thieves pounce on TelOne

Fixed phone operator TelOne has fallen victim to massive theft of copper cables, with the latest being the looting of a 1 200m pair cable feeding a major section of the Harare's central business distr...

By Staff reporter | Published: 16 May 2018
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MINING & RETAIL

Copper falls due to a stronger dollar

Copper prices fell on Tuesday as the effect of a strengthening dollar overshadowed positive trade data from China, the world's largest consumer and producer of industrial metals.Chinese imports and ex...

By Reuters | Published: 08 May 2018
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MINING & RETAIL

ZMDC seeks $500m to revive copper mines

STATE mining vehicle, Zimbabwe Mining Development Corporation is hunting for $500 million required to revive its three copper mines together with a new smelter and refinery.ZMDC has three groups of Co...

By Staff reporter | Published: 21 September 2017
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MINING & RETAIL

Ministry of HA takes over copper trade licensing

The Ministry of Home Affairs has taken over the licensing of copper traders to reduce smuggling, Parliament heard yesterday. Home Affairs permanent secretary Melusi Matshiya told the Senate Committee ...

By New Ziana | Published: 26 May 2014
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INDUSTRIALS & ENERGY

Cafca pins hope on copper recycling project

Zimbabwe Stock Exchange-listed cable manufacturer Cafca's revenue for the six months period ended March 31, 2014 was up 21 percent to $10 million as the company benefited from a change in strategy to ...

By Staff reporter | Published: 13 May 2014
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INDUSTRIALS & ENERGY

Barter deal puts Cafca in profitable position

Cafca  MD Rob Webster told the AGM that the copper barter recycling deal has put the firm in a profitable situation as they expect the profit to go up 30% year-on-year."The barter deal started la...

By Staff reporter | Published: 21 February 2014
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