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Chinese company announces plan for $1 billion building materials industrial parks
Philemon JambayaIn a major development promising to revitalize Zimbabwe’s infrastructure and create thousands of jobs, Labenmon Investments (PVT) LTD and China's West International Holding (WIH) have...
Chinese investment powers Zimbabwe's new energy growth, says Zimbabwean official
China’s expertise in new energy technology and its companies' investments in Zimbabwe are boosting the country’s drive to be a major player in the global green shift, said a Zimbabwean minister.Zimbab...
Should the quest for survival override safety issues in small-scale and artisanal mining sector?
Edmore ZvinonzwaMining and agriculture have buoyed Zimbabwe’s economic growth with gold, diamond, the platinum group of minerals and lately, lithium contributing significantly.In the case of gold, del...
AfDB grants Zim US$5.32m for SOE recapitalisation
Zim Now WriterAs efforts to improve the governance and accountability of State-owned entities continue, Zimbabwe has received a US$5.32 million grant from the African Development Bank.The grant is par...
Canadian miner Zephyr announces mixed trenching results at Nyanga gold prospect
Nova Scotia headquartered Zephyr Minerals Ltd announced yesterday that trenching results on MC and  have been negative while more positive results have come from its MC-2 gold properties in Zimbabwe.“...
Invictus raises US$10.2m for continued exploration
Zim Now Writer Invictus Energy has announced that it raised US$10,2 million, through private placement to fund ongoing oil and gas explorations in Muzarabani. “We are pleased to welcome funds from ins...
Balancing development and inflation: Fine line for Zim economy
Nyashadzashe NdoroMilton Friedman, (1912-2006), a prominent American economist argued that inflation is caused by too much money chasing after too few goods.It is also understood that if money supply...
CABS gest US$25m AfDB facility for loans
The African Development Bank Group has approved a US$25 million trade finance line of credit to the Central Africa Building Society for loans, marking the third such agreement with the bank in recent...
Zera calls for renewal of operating licences
Patience MuchemwaOperators in the fuel sector, whose licences expire on December 31 must start submitting their applications for 2024 licences, the Zimbabwe Energy Regulatory Authority has said.In a s...
Blanket Mine sets gold production record
Mark LearmonthZim Now WriterCaledonia Mining Corporation owned Blanket gold mine set a new quarterly production record in the third quarter of this year of 21 772 oz.This is 3% up from production in t...