Zimbabwe's largest platinum producer Zimplats recorded a 36,1% slump in production volumes to 415,72kg in August as rising inflation, coupled with power cuts and foreign currency shortages, took a tol...
SMALL-scale miners have called on Government to consider paying 100 percent of gold deliveries in hard currency after deliveries to Fidelity Printers and Refineries (FPR) for November plummeted by 44 ...
BINDURA Nickel Corporation (BNC) says volatile world nickel prices would continue to affect the company's operations after the US$12 000 per tonne rally of September again dipped to slightly over US$1...
The total value of transactions processed through the National Payment System (NPS) decreased 33,3 percent to $1,2 billion in the week to August 18, from $1,6 billion in the previous week, as Real Tim...
ZIMBABWE'S second largest mobile network NetOne registered a 2,9 percent slump in airtime revenues for the year ended December 2016 to $70,1 million down from $72,2 million.Airtime revenues are mainly...
Foreign Direct Investment (FDI) in Zimbabwe declined from $400 million in 2013 to $372,6 million last year, as investors continue to shun the country amid a worsening economic crisis.According to the ...
Zimbabwe's mineral output remained depressed in February 2014 with gold and nickel registering significant declines, a Finance ministry state of the economy report indicates.The country produced 831,3...
Economy Faces Slumping Consumer Demand and DeflationBy Godfrey Marawanyika and Brian Latham April 06, 2014 Zimbabwe's economy is suffering from a slump in consumer spending a...
Zimbabwe's total gold earnings slumped 20 percent to $626 million last year from $783 million realised in 2012, latest Chamber of Mines (CoM) figures reveal.This comes as escalating production costs, ...
Zimbabwe's 2013 gold deliveries went down 6.02% to 12 663.39kg from 13 474.43kg in 2012. In a January 2014 monthly economic review, the African Development Bank (AfDB) said the 2013 output was way bel...
Listed beverages maker Delta Corporation (Delta) says its lager beer volumes remain depressed, slumping 25% if compared to the 2012 quarter and 15% for the nine months to December 2013.The brewer - ab...
THE country's property sector is not likely to experience significant growth in 2014 as default rates and the amount of voids continue to rise unabated. Default rates have remained as high as 50 to ...
The market opened the week dismally with turnover slumping to close at under the $300 000 mark.Industrials maintained their ascent toward the record levels reached on August 1 albeit in lethargic tr...
Activity on the ZSE slowed on Wednesday but Industrials managed to scratch out modest gains albeit in thin volumes.The Industrials Index gained a marginal 0.01 point or 0.005% to 210.24 while the Min...
THE Confederation of Zimbabwe Industries has forecast a further decline in capacity utilisation this year, as manufacturing companies remain under pressure from tight liquidity and competition from lo...
Zimbabwe's failure to qualify for the World Cup that ended with a defeat to Guinea has cost them 13 places on the FIFA world rankings.The Warriors have slumped to number 114 - their second worst rank...
European Union Ambassador to Zimbabwe Aldo Dell'Ariccia said Zimbabwe's trade with the European Union slumped by 9.8% last year and the decline is due to the euro zone crisis and a poor...