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Innscor Africa unveils US$60m investment plan

Innscor Africa unveils US$60m investment plan

Audrey GalawuInnscor Africa plans to invest between US$50 million and US$60 million in capital programmes during the 2024 financial year.Innscor will reportedly allocate funds across its subsidiaries...

By Eddie Zvinonzwa •
President Mnangagwa appoints new member to NRZ Board

President Mnangagwa appoints new member to NRZ Board

Molly DinganiZim Now WriterPresident Emmerson Mnangagwa has approved the appointment of Molly Dingani as the National Railways of Zimbabwe Board vice chairperson.Dingani’s appointment is with effect f...

By Eddie Zvinonzwa •
Meikles Limited records 101% revenue growth in 2023

Meikles Limited records 101% revenue growth in 2023

Audrey GalawuMeikles Limited has recorded revenue growth of ZWL$869.8 billion representing a like-for-like increase of 101% for the year ended August 31, 2023.The growth was primarily due to price adj...

By Eddie Zvinonzwa •
Qualified Mine Engineers mandatory for all mining operations: Govt

Qualified Mine Engineers mandatory for all mining operations: Govt

Rescue efforts at Bay Horse Mine in Chegutu retrieved several bodies, but four could not be pulled outZim Now WriterIt is mandatory for every mining operation, including those in the artisanal and sma...

By Eddie Zvinonzwa •
Artisanal and small-scale mining sector's gold deliveries drop by 18%

Artisanal and small-scale mining sector's gold deliveries drop by 18%

Zim Now WriterAccess to capital, poor mechanisation as well as lack geological reports to identify and assess available resources by the artisanal and small-scale mining sector been the major factors...

By Eddie Zvinonzwa •
Zim inflation crisis: Call for government vigilance and reform

Zim inflation crisis: Call for government vigilance and reform

Audrey GalawuEconomist Dr Prosper Chitambara has said government needs to remain vigilant of sustaining fiscal and monetary and institutional reforms that can bring sustained stability to the micro ec...

By Eddie Zvinonzwa •
Zimplats commits over US$362 on major projects in Q4

Zimplats commits over US$362 on major projects in Q4

Zimbabwe’s largest Platinum Group Metals producer, Zimplats, has committed US$362.1 million on major projects as at September 30, as the group gears on upgrading its operations.According to Zimplats’...

By Eddie Zvinonzwa •
Zimbabwe retains trade surplus against China as Russia becomes second largest import source

Zimbabwe retains trade surplus against China as Russia becomes second largest import source

Zim Now WriterStatistics released by the Zimbabwe National Statistics Agency for October show Zimbabwe gaining trade surplus in trade with China.While Zimbabwe exported almost US$320 000 worth of good...

By Eddie Zvinonzwa •
2 gold miners die after shaft collapse at disputed Hwedza claim

2 gold miners die after shaft collapse at disputed Hwedza claim

MJ Mining Syndicate Acting General Manager, Brian Makusha (Left)Takawira Photoveteran DapiTwo illegal gold miners died from injuries they sustained after a Hwedza mine collapsed last Wednesday with a...

By Eddie Zvinonzwa •
Rolling in Blue: Zimbabwe Now World’s Largest Blueberry Exporter

Rolling in Blue: Zimbabwe Now World’s Largest Blueberry Exporter

Audrey GalawuZimbabwe has been listed as the largest exporter of blueberries in the whole world with a 63% increase in exports over the past five years according to an EastFruit report.According to th...

By Eddie Zvinonzwa •