Government to help clean up Hwange Colliery’s balance sheet

June 21, 2015

The government has committed to grant more mining concessions to Hwange Colliery Limited (HCCL) and acceded to its proposed $88…

Mavhaire and Olivia Muchena booted out of the Senate

June 21, 2015

Former Energy Minister Dzikamai Mavhaire and former Higher Education Minister Olivia Muchena were booted out of the Senate on Wednesday,…

Caledonia completes Phase 1 of expansion at Blanket Mine

June 21, 2015

Canadian junior miner Caledonia says it has completed the first phase of expansion at its 49 percent owned Blanket gold…

Cimas to tighten controls after pharmacies ‘go rogue’

June 21, 2015

The country’s second biggest medical aid society, Cimas has announced that it will introduce a raft of measures to reduce…

TSL earnings fall due to delay in opening tobacco marketing season

June 20, 2015

Agro-industrial concern TSL Limited’s after tax profit for the half-year to April has narrowed to $1.7 million from $3.5 million…

No rentals for communal farmers, only AI and A2 farmers will be charged

June 20, 2015

Lands Minister Douglas Mombeshora says communal farmers will not be charged any land rentals but new farmers who were allocated…

RTG revenue down 14 percent

June 20, 2015

Hospitality concern Rainbow Tourism Group (RTG) has recorded a 14 percent decline in revenue to $7.6 million in the quarter…

Zimbabwe economy risks deflation trap

June 20, 2015

Zimbabwe’s economy risks being caught in the trap of deflation, with corporate earnings seen continuing to shrink unless the country…

Nigel Chanakira’s Kingdom Bank Africa faces liquidation

June 19, 2015

Botswana’s central bank has been granted an order by the High Court in that country to liquidate Nigel Chanakira’s Kingdom…

Harare City Council drags defaulters to court

June 19, 2015

Harare City Council has resorted to legal action to recover up to $25 million owed by residents and companies and…