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Contango signs MoU with multi-national for possible collaboration at Muchesu
 Zim Now WriterLondon-listed Contango Holdings has entered into a nonbinding memorandum of understanding with a multinational company with respect to its Muchesu coal project in Zimbabwe.“The signing...
Hospitality sector urged take advantage of MICE business
Conference Room at a Harare hotelZim Now WriterZimbabwe Tourism Authority (ZTA) Chief Executive Officer Winnie Muchanyuka has urged players in the hospitality industry to, in collaboration with govern...
Zhemu pleads with IPPs to maximise production to reduce power deficit
Zim Now WriterEnergy and Power Development Minister Soda Zhemu has pleaded with Independent Power producers to maximize production as Zimbabwe goes through a tough energy crisis.This comes as Kariba S...
As power outages bite, business pleads for duty-free generators, solar gadgets
Heavy-duty generatorZim Now WriterAs the power crisis continues, the business community has since asked government for duty-free importation of solar gadgets and generators.Businesses have resorted to...
Pure Oil rejuvenates sunflower farming
Local sunflower processing company, Pure Oil Industries is reigniting sunflower farming by contracting communal farmers.The producers of popular cooking oil brand, Zimgold, have contracted 100 000 far...
IMF allocates Zim US$958m for agric and industry
A number of irrigation schemes across the country are set to benefit from the US$20 million Smallholder farmers Irrigation Infrastructure Development Fund. Audrey GalawuThe International Monetary Fund...
Players in the hotel industry urged to charge fair rates
The Victoria Falls, a major tourist attraction, has been significant towards the growth of the sector Zim Now WriterVice President Constantino Chiwenga has said players in the hospitality industry, wh...
Unki to construct solar facility
Zim Now WriterShurugwi-based platinum miner Unki Mine is set to construct a 30 to 50 megawatts solar photovoltaic (PV) facility to enhance the provision of alternative power in the face of punishing e...
Strong demand pushes Tharisa to delay US$50m Karo bond issue
 Tharisa has announced that it will delay its bond to raise US$50m by more than a week on the back of strong demand.The bond which was supposed to close this Wednesday has been extended to December 9....
Contango to export coal to Europe in 2023
Contango CEO Carl Esprey  London-listed Contango Holdings plans to start exporting thermal coal early next year from its Zimbabwe mine following requests from customers in Europe and Asia, the company...