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OK Zimbabwe acquires Food Lovers Market
Zim Now WriterOK Zimbabwe yesterday announced that it had acquired Food Lovers Market Zimbabwe as part of broader diversification aimed at enhancing the company’s participation in the premium retailin...
Massive staff turnover at Banc ABC
Zim Now WriterBancABC, a subsidiary of ABC Holdings, is currently experiencing a massive exodus of senior and junior employees.The employees cite poor remuneration and working conditions at the bank.S...
Lafarge changes name to Khayah Cement
Zim Now WriterThe Board of Directors of Lafarge Cement Zimbabwe Limited has announced that the company is changing its trade name to Khayah Cement following the exiting of Associated International Cem...
Caledonia Mining Record 20% increase on annual gold production at Blanket Mine hitting a new record
Caledonia CEO Mark Learmonth Zim Now WriterVictoria Falls Stock Exchange listed Caledonia Mining has announced gold production of 80,775 ounces for the year 2022 marking a 19.7 per cent increase on th...
Increased local production of milk to cut imports
Zim Now WriterThe country’s milk production has gone up by about 14 percent to around 90 million litres, thereby cutting on the need to import, figures released by the Zimbabwe Association of Dairy fa...
Victor Gapare appointed Caledonia executive director
Victor GapareZim Now WriterVictor Gapare has been appointed as an executive director of Caledonia with effect from today.Caledonia chairman, Leigh Wilson, commented: “I am very pleased the acquisition...
Caledonia acquires Bilboes Gold Ltd
Zim Now WriterGold miner Caledonia Mining Corporation PLC has completed the acquisition of Bilboes Gold Limited, which owns the Bilboes gold project in Zimbabwe, through a subsidiary.Mark Learmonth, t...
Zimbabwe's ban on lithium could trigger rise in global prices
Chris Berry, president of commodities advisory firm House Mountain Partners in New York said if more countries follow it could have pricing implications on lithium worldwide.Berry said this will not b...
Oil, gas prospects in Muzarabani brighten
 Zim Now WriterInvictus Energy Limited has announced that the Mukuyu-1 well that is currently being drilled in its 80 percent-owned SG 4571 licence in Zimbabwe’s Cabora Bassa Basin has oil and gas.“Re...
Larfarge says they're on top of the situation despite imposed OFAC sanctions
Zim Now WriterLafarge Cement Zimbabwe has reassured all its stakeholders of continuous smooth flowing of business despite sanctions imposed on the major stakeholder, Fossil Mines (Pvt)LTD.Fossil Mines...