MINING & RETAIL

Karo platinum project still at exploration stage

LAST year during the run-up to the elections, President Emmerson Mnangagwa announced a $4,2 billion platinum mining deal with Karo Platinum, owned by London Stock Exchange-listed Tharisa Plc. NewsDay ...

By Staff reporter | Published: 24 April 2019

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...

By Staff reporter | Published: 25 July 2018

MINING & RETAIL

$4,2 billion platinum project takes shape

THE $4,2 billion platinum investment project in Mhondoro-Ngezi has become one of the fastest projects to be implemented under President Mnangagwa's administration, with the investor, Karo Resources of...

By Staff reporter | Published: 04 July 2018

MINING & RETAIL

Tharisa to advance $8 million to Karo Platinum

EUROPEAN headquartered integrated resource group, Tharisa, has pledged to provide $8 million debt facility to Karo Platinum for initial geological and sampling work at the $4,2 billion platinum projec...

By Staff reporter | Published: 21 June 2018

MINING & RETAIL

Tharisa may join Karo in $4.2bn Zim PGM project

Tharisa, the platinum and chrome miner run by the Pouroulis family, is considering investing in a $4.2bn platinum project in Zimbabwe being developed by another company founded by the family.Tharisa w...

By Bloomberg | Published: 31 May 2018

FINANCIAL SERVICES

IPEC boss Karonga resigns

Insurance and Pension Commission (Ipec) commissioner Tendai Karonga has resigned after falling out with the regulator's board.This comes, just over a year after he took over from Marnet Mpofu who left...

By Staff reporter | Published: 22 May 2018

MINING & RETAIL

Zimbabwe to make catalytic converters

Cypriot investor Karo Resources wants to use some of the output from its planned $4.2 billion platinum project in Zimbabwe to make catalytic converters for capping emissions in diesel cars, the mines ...

By Reuters | Published: 21 May 2018

MINING & RETAIL

$4,2bn platinum deal dodgy venture

QUESTIONS are being raised over Karo Resources Limited's US$4,2 billion platinum investment deal signed by government last month as it emerged that the company has a dodgy background and dual registra...

By Staff reporter | Published: 20 April 2018

MINING & RETAIL

Zimbabwe mining deals must be scrutinised

THE US$4,2 billion platinum investment deal between government and Cyprus-based company Karo Resources, although positive at face value, needs to be scrutinised to ensure transparency and avoid corrup...

By Staff reporter | Published: 29 March 2018

MINING & RETAIL

No dispute in historic $4bn platinum deal

Mines and Mining Development Minister Winston Chitando yesterday said the land that has been allocated to Karo Resources - which intends to roll-out a $4,2 billion platinum mining project in the Mhond...

By Staff reporter | Published: 23 March 2018

MINING & RETAIL

Zim explores for gemstones in Karoi

GOVERNMENT has dispatched a technical team to Karoi in Mashonaland West to explore gemstones, a Minerals Marketing Corporation of Zimbabwe (MMCZ) official has revealed."I want to touch briefly on the ...

By Staff reporter | Published: 26 July 2017

FINANCIAL SERVICES

Insurers regulator to de-register errant firms

The Insurance and Pensions Commission (Ipec) is threatening to de-register insurance companies and brokers that are failing to meet client claims on time in the wake of a worsening economic situation,...

By Staff reporter | Published: 04 July 2017

BUSINESS NEWS

'Lack of accountability undermines Zim credibility'

INSURANCE and Pensions Commissioner chairperson, Tendai Karonga has challenged compliance professionals to work towards changing the perceived lack of accountability in Zimbabwe, which has undermined ...

By Staff reporter | Published: 04 July 2017

LANDS & AGRICULTURE

Karoi auction floors open on high note

Tobacco auction floors in Karoi opened for trading on Monday, two weeks after the opening of the national selling season, with about 800 bales going under the hammer for prices generally welcomed by f...

By Staff reporter | Published: 27 February 2014
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