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Demand for nickel in energy sector set to spur Bindura Nickel growth

Demand for nickel in energy sector set to spur Bindura Nickel growth

Audrey GalawuBindura Nickel said anticipated acceleration in Chinese economic growth due to the implementation of additional stimuli, accommodative USA Monetary Policies, and demand for nickel in the...

By Eddie Zvinonzwa •
Lithium price to decline by 42.7%: Report

Lithium price to decline by 42.7%: Report

Australia, which produced half of the lithium in 2022 and is the world’s biggest lithium producer, has said the price of the mineral will fall to US$2 200 in 2025 from US$3 840 per tonne in 2023.Scien...

By Eddie Zvinonzwa •
Struggling Edgars appoints Mutevhe as new Group CFO

Struggling Edgars appoints Mutevhe as new Group CFO

Chesternoel Mutevhe   Nyashadzashe NdoroEdgars Stores Limited Zimbabwe Group has appointed Chesternoel Mutevhe as its new Chief Financial Officer, replacing Happiness Vundla, who resigned last Novembe...

By Eddie Zvinonzwa •
Powerspeed Electrical records increased trading volumes despite obstacles

Powerspeed Electrical records increased trading volumes despite obstacles

Audrey GalawuPowerspeed Electrical chairman, Victor Gapare said the company faced a multitude of obstacles in the previous year, including inflation, rising expenses, increased regulation, informalisa...

By Eddie Zvinonzwa •
Annual gold production dips 15%

Annual gold production dips 15%

Gold miners only produced 30 metric tons of gold in 2023 going down 15% compared to 2022 statistics released by Fidelity Refineries this Monday indicate.The 30.11 tons fell short of the government's t...

By Monica Cheru •
Maize-meal shortages caused by logistical challenges: GMAZ

Maize-meal shortages caused by logistical challenges: GMAZ

Zim Now WriterThe Grain Millers Association of Zimbabwe has revealed that local milling companies’ logistical challenges in delivering the country’s staple have since been resolved, easing the panic t...

By Eddie Zvinonzwa •
Consumer Protection Commission fines over 870 retailers

Consumer Protection Commission fines over 870 retailers

Zim Now WriterThe Consumer Protection Commission last month fined more than 870 retailers for selling substandard and counterfeit products during a crackdown meant to protect Zimbabwean consumers from...

By Eddie Zvinonzwa •
Explore other ways to achieve increased tax compliance and formalisation of retail sector, says CZR

Explore other ways to achieve increased tax compliance and formalisation of retail sector, says CZR

CZR president, Denford MutashuAudrey Galawu The Confederation of Zimbabwe Retailers said there is need to explore ways to implement measures introduced by the Zimbabwe Revenue Authority without furthe...

By Eddie Zvinonzwa •
Caledonia declares US$0.14 quarterly dividend per share

Caledonia declares US$0.14 quarterly dividend per share

Zim Now WriterCaledonia Mining Corporation has declared a quarterly dividend of US$0.14 on each of the company’s shares although the company promised to review the dividends depending on the company’s...

By Eddie Zvinonzwa •
Higher water levels at Kariba compared to 2023

Higher water levels at Kariba compared to 2023

Nyashadzashe NdoroThe water level at Kariba Dam, the world’s largest man-made dam that generates hydroelectric power for millions of people in Zimbabwe and Zambia, is rising, giving hope for improved...

By Eddie Zvinonzwa •