Posts by Charles Rukuni

China National Resources (CHRM), an exploration company listed on the NASDAQ stock exchange, has announced that it could pay up to US$1.75 billion for a lithium operation in Zimbabwe. In…

Hwange Power Station’s Unit 7,  which is expected to produce 300 megawatts, will come on stream on 16 March, Energy Minister Zhemu Soda told Parliament today. The country is, however,…

The European Union yesterday extended its sanctions on Zimbabwe by a year saying that it will continue to closely follow developments in the country with a particular attention to the…

Buhera South legislator Joseph Chinotimba yesterday complained that some Members of Parliament were on Monday forced to sleep in their cars because they could not find accommodation as some hotels…

Dangote Cement, the leading cement producer in Africa, boasts a total production capacity of 51.55 million tonnes of cement per year spread across 10 countries. Majority-owned by Aliko Dangote, the…

More than 50 small and medium enterprises that are renting space from the old premises of the Cold Storage Company were put out of business from last week when the…

The Zimbabwe dollar today eased by $10.88 to average $892.6349 against the United States, slightly closing the gap with the black market rate which remained stagnant at $1 000 to…

Thought fuel in Zimbabwe was expensive? Yes, it is if you compare with Libya where it sells for less than one South African rand a litre. No, if you compare…

Bikita Minerals says it has almost doubled its petalite output since Sinomine took over the country’s oldest lithium mine in a US$180 million deal last year. The company has also…

Africa Data Centers (ADC), a prominent carrier-neutral data centre provider owned by Zimbabwean billionaire Strive Masiyiwa, has initiated construction on its latest facility in Nairobi, signalling its commitment to meeting…