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Caledonia declares final dividend of US0.14

Caledonia declares final dividend of US0.14

Audrey Galawu Caledonia Mining Corporation has declared a final dividend share of US$0.14 payable on January 26, 2024.The mining company has declared the same dividend share since January 2023.Meanwhi...

By Eddie Zvinonzwa •
World lithium price pressure to stay as Zimbabwe adds to supply

World lithium price pressure to stay as Zimbabwe adds to supply

There would have to be a cut in mined supply in order for the lithium price to recover some of the ground it lost last year, a bank has said.The battery mineral’s price had fallen to $12,000 per ton b...

By Eddie Zvinonzwa •
Mandatory bid on the cards as CBZ merges FMHL

Mandatory bid on the cards as CBZ merges FMHL

Nyashadzashe NdoroCBZ Holdings Limited has started the process of valuating a fair and reasonable price on the mandatory offer to minority shareholders in First Mutual Holdings Limited after the banki...

By Eddie Zvinonzwa •
Parly calls for nominations for BAZ Board

Parly calls for nominations for BAZ Board

Oscar J JekeParliament, through its Committee on Standing Rules and Orders, has called for nominations for personnel to serve on the Broadcasting Authority of Zimbabwe Board as mandated by the Broadca...

By Eddie Zvinonzwa •
Kambucha Fresh moves to SAZ-certify products

Kambucha Fresh moves to SAZ-certify products

Zim Now WriterKambucha Fresh Zimbabwe (Pvt) Ltd, a company that produces various herbal and alcoholic beverages has initiated the process to have its drinks certified by the Standards Association of Z...

By Eddie Zvinonzwa •
Zim currency further tumbles against U.S. dollar

Zim currency further tumbles against U.S. dollar

   A currency trader counts money on a street in Harare, Zimbabwe, on Jan. 16, 2024. The cost of goods and services keeps on increasing in Zimbabwe as the local currency depreciates against the U.S. d...

By Monica Cheru •
Econet claims its tariffs are lower than those in region

Econet claims its tariffs are lower than those in region

Nyashadzashe NdoroEconet Wireless Zimbabwe, the country’s biggest mobile network operator by subscriber base, claims that the local telecommunications tariffs are much lower than the region and urged...

By Eddie Zvinonzwa •
Vet dept tackles anthrax in Makoni

Vet dept tackles anthrax in Makoni

Zim Now WriterThe rolling hills, usually home to the gentle cadence of grazing cattle, have been jolted by a recent anthrax outbreak. This age-old scourge, dormant for some, has reared its ugly head i...

By Eddie Zvinonzwa •
Over US$4 billion spent through auction systems since 2020

Over US$4 billion spent through auction systems since 2020

Nyashadzashe NdoroSince the inception of the Foreign Exchange Auction System, the Reserve Bank of Zimbabwe allotted US$4 120 819 400 to beneficiaries.RBZ governor John Mangudya confirmed the developme...

By Eddie Zvinonzwa •
Tax on Africa’s super-rich can fund Eastern and Southern Africa humanitarian needs

Tax on Africa’s super-rich can fund Eastern and Southern Africa humanitarian needs

Audrey GalawuA tax of up to 5 percent on Africa’s super-rich could generate an annual amount of US$11.9 billion, nearly enough to pay for the 2023 humanitarian requirements for Eastern and Southern Af...

By Eddie Zvinonzwa •