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Gold volumes likely to drop as govt suspends artisanal mining operations

Gold volumes likely to drop as govt suspends artisanal mining operations

Nyashadzashe NdoroVolumes of gold delivery to Fidelity Printers and Refineries are likely to decrease during the first quarter of this season following the government decision to temporarily stop oper...

By Eddie Zvinonzwa •
Tsuroh retires as GB Holdings MD after 19 years at helm

Tsuroh retires as GB Holdings MD after 19 years at helm

Wilbroad TsurohNyashadzashe NdoroWilbroad Tsuroh has retired as the Group Managing Director for Zimbabwe’s sole manufacturer of conveyor belts, General Beltings Holdings Limited, after serving the com...

By Eddie Zvinonzwa •
NCC explores partnerships to enhance leather value chain competitiveness

NCC explores partnerships to enhance leather value chain competitiveness

 Audrey GalawuThe National Competitiveness Commission is partnering with various organisations and institutions to enhance the leather value chain competitiveness in the country.The leather value chai...

By Eddie Zvinonzwa •
Zim looks to tap from Spanish tourism market

Zim looks to tap from Spanish tourism market

Zim Now WriterZimbabwe is eyeing to tap into the Spanish tourism market as it takes part in the 44th edition of the International Tourism Trade Fair in Madrid, Spain, from the 24th to the 28th of this...

By Eddie Zvinonzwa •
Kuda Mnangagwa says govt has currency stabilisation plans

Kuda Mnangagwa says govt has currency stabilisation plans

Deputy Minister of Finance, Economic Development and Investment Promotion Kudakwashe David MnangagwaZim Now WriterThe Finance Ministry is working with the Reserve Bank to stabilise the local currency...

By Eddie Zvinonzwa •
Kamativi Mining embarks on US$200m lithium processing and solar power development

Kamativi Mining embarks on US$200m lithium processing and solar power development

 Kamativi Mining Company has invested US$200 million in two phases that will see the mining firm setting up local processing facilities that include the construction of a lithium salt plant and a sola...

By Eddie Zvinonzwa •
Elisabeth Valerio’s UZA lays into Mthuli Ncube

Elisabeth Valerio’s UZA lays into Mthuli Ncube

Audrey Galawu The Elisabeth Valerio-led United Zimbabwe Alliance has said Finance Minister Mthuli Ncube is out of touch with the economic realities, which Zimbabweans are struggling with after reviewi...

By Eddie Zvinonzwa •
Afdis registers 56% revenue growth

Afdis registers 56% revenue growth

Zim Now WriterAfrican Distillers Limited has reported 56% to ZWL$41 billion revenue growth in inflation adjusted terms, while operating income increased by 15% to ZW$5.4 billion. In historical cost te...

By Eddie Zvinonzwa •
Vision’s takeover of Tongaat Hulett approved by creditors

Vision’s takeover of Tongaat Hulett approved by creditors

 Businessman Robert Gumede’s Vision consortium’s plan to save ailing sugar group Tongaat Hulett has been approved by creditors, ending the drawn-out business rescue process which has been described as...

By Eddie Zvinonzwa •
Nampak declares US$0.20 per share final dividend

Nampak declares US$0.20 per share final dividend

Audrey GalawuNAMPAK board has declared a final dividend of US$0.20 per ordinary share for the year-ended September 30, 2023 payable in respect of all the ordinary shares of Nampak Zimbabwe Limited.Thi...

By Eddie Zvinonzwa •