BUSINESS NEWS

Zimra sweats over tax defaulters

THE Zimbabwe Revenue Authority (Zimra) is sweating over the fiscalisation of companies after it emerged that some entities have not connected the recording of their taxable transactions on the fiscal ...

By Staff reporter | Published: 27 September 2019

MINING & RETAIL

Chrome smelters sued over US$7 million ore

Chrome mining and smelting company, Afrochine Smelting, has been taken to the High Court by NR Barber (Private) Ltd, for allegedly unlawfully removing its chrome ore worth US$7 million.Afrochine Smelt...

By Staff reporter | Published: 03 July 2019

OPINION

Chamisa calls for SADC intervention in Zimbabwe crisis - Fulltext

Text of speech by MDC leader Nelson Chamisa as prepared for delivery at a news conference in Harare on Tuesday, January 29:THE situation in the country has reached crisis levels. The country is curren...

By Nelson Chamisa | Published: 30 January 2019

MINING & RETAIL

Bindura smelter project put on hold

PAYMENT for a bond which was floated a few years ago for the restart of a smelter by Bindura Nickel Corporation (BNC) is weighing down on the company's capital requirements after it spent US$5 million...

By Staff reporter | Published: 07 December 2018

OPINION

Chamisa to unveil his alternative cabinet

OPPOSITION MDC Alliance leader Nelson Chamisa says he would soon use the occasion of the party's upcoming 19th anniversary celebrations to be installed as 'People's President' and unveil his alternati...

By Staff reporter | Published: 10 September 2018

MINING & RETAIL

Unki Mine smelter nears completion

Anglo American Platinum's local unit, Unki Mine, anticipates completion of its smelter project in the third quarter of 2018 and is expected to create employment and contribute towards economic growth....

By Staff reporter | Published: 27 July 2018

TELECOMS & TECHNOLOGY

MTN increase LTE coverage and download speeds

MTN increased its coverage and improved the customer experience on its network between January and May 2018, according to chief technology and information officer Giovanni Chiarelli.Speaking during an...

By Staff reporter | Published: 21 June 2018

BUSINESS NEWS

Mazoe Orange Crush formula adulterated, boycott called

AMID market reports suggesting politics on social media where a campaign against Mazoe Syrups has been going on, Coca-Cola have come out to explain changes to formulation on their products.Over the pa...

By Staff reporter | Published: 12 June 2018

OPINION

Zim needs alternative securities exchange

The Zimbabwe Emerging Enterprise Market (ZEEM) listing requirements and rules, which once approved, will allow small and medium enterprises (SMEs) to list on a secondary bourse, have been with the Att...

By Panashe Sachikonye | Published: 07 June 2018

BUSINESS NEWS

Amnesty attracts few tax defaulters

ZIMBABWE'S tax amnesty programme, which was launched three months ago, has brought in a tiny fraction of millions of dollars government hoped to collect to boost government coffers, The Financial Gaze...

By Staff reporter | Published: 31 May 2018

MINING & RETAIL

BNC repays quarter of $20m smelter bond

Zimbabwe Stock Exchange (ZSE) listed integrated nickel miner, Bindura Nickel Corporation (BNC), has successfully repaid $5 million (25 percent) of the $20 million the company mobilised through a bond ...

By Staff reporter | Published: 18 May 2018

BUSINESS NEWS

Mnangagwa grants tax amnesty to defaulters

The Zimbabwean government has announced a tax amnesty to defaulting clients in a bid to encourage them to regularize their tax affairs, revenue collector the Zimbabwe Revenue Authority (ZIMRA) said in...

By Xinhua | Published: 21 March 2018

BUSINESS NEWS

Zesa gets tough on defaulters

ZESA Holdings has given defaulting consumers up to the end of the month to make payment plans to clear their electricity bills within six months to avoid being switched off and litigation.The country'...

By Staff reporter | Published: 13 March 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

BNC seeks $6 million for Trojan smelter

Bindura Nickel Corporation says it will soon approach local banks to negotiate for $6 mln funding facilities it requires to complete the reconstruction of its Trojan Nickel smelter. Managing Director ...

By Staff reporter | Published: 09 February 2018

MINING & RETAIL

SA firm to construct Unki smelter

A SOUTH Africa-based foundry and engineering company, Thos Begbie has won a tender to construct a smelter for Unki, one of the platinum mines in Zimbabwe.Following the awarding of the tender last year...

By Staff reporter | Published: 24 January 2018

MINING & RETAIL

Lack of funding stalls Trojan mine smelter

A plan to re-open a smelter at Bindura Nickel Corporation (BNC)'s Trojan Nickel Mine has stalled after the company ran out of funding, an offical has said.BNC managing director Batirai Manhando told a...

By Staff reporter | Published: 15 December 2017

MINING & RETAIL

Low prices affect BNC's smelter restart plans

Bindura Nickel Corporation (BNC) has said the smelter restart project has been hampered by cash flow problems, arising from low nickel prices.BNC is a subsidiary of Asa Resources.BNC managing director...

By Staff reporter | Published: 18 September 2017

MINING & RETAIL

Parrogate to invest $18m in Alaska chrome smelter

PARROGATE Zimbabwe plans to set up chrome smelters in Mhangura, at an estimated cost of $18 million, with potential to generate $40 million in export earnings annually, managing director Ganediwal sai...

By Staff reporter | Published: 08 September 2017

POLITICS

Alternative Mining Indaba held

Small scale miners from Matabeleland South Province converged in Gwanda during the provincial Alternative Mining Indaba to discuss challenges affecting the sector.The miners drawn from the seven distr...

By Staff reporter | Published: 07 September 2017

TELECOMS & TECHNOLOGY

Telecel begins LTE roll out

Mobile operator Telecel Zimbabwe has announced that it has begun the upgrade of the network in readiness for the launch of LTE services by September and to improve quality of service.The mobile compan...

By Agencies | Published: 24 August 2017

OPINION

Alternative SMEs taxation models

THERE is no doubt that small to medium enterprises (SMEs) are fast becoming a key economic pillar not only in Zimbabwe but globally. No government today will ignore the interests of this promising sec...

By Prosper Ndlovu | Published: 02 August 2017

JOB: GBV Survivors' Shelter Matron: FACT

GBV Survivors' Shelter Matron: FACTDeadline: 21 July 2017Location: Mutasa District Position summaryReporting to the Programme Officer the matron will be expected to ensure the smooth running of the sh...

By JOB | Published: 14 July 2017

BUSINESS NEWS

Zimbabwe clears $2.2m Shelter Afrique arrears

Zimbabwe has cleared its US$2.2 million arrears with the Pan-African financial institution, Shelter Afrique, and pledged to work together with other member countries in developing sustainable housing ...

By Staff reporter | Published: 05 July 2017

MINING & RETAIL

BNC smelter restart project now 83% complete

ASA RESOURCES Group' subsidiary, Bindura Nickel Corporation's (BNC) smelter restart project is 83% complete after $21,5 million was spent on the project which is set for completion this financial year...

By Staff reporter | Published: 05 July 2017
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