Zimplats redevelops its biggest mine
Zimbabwe’s largest platinum miner Zimplats has begun redeveloping its biggest underground mine, which was shut down after one of its sections collapsed early this year, the company announced today.
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News about Zimbabwe that you can use
Zimbabwe’s largest platinum miner Zimplats has begun redeveloping its biggest underground mine, which was shut down after one of its sections collapsed early this year, the company announced today.
(362 VIEWS)
Bulawayo-based textile firm Merlin has secured an investor to pour in $30 million to resuscitate operations at the troubled textile company, major shareholder Delma Lupepe has said.
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Government will carry out due diligence audits for 15 out of the 91 state-owned enterprises and parastatals as treasury seeks to reform the largely loss-making entities that continue to drain the fiscus, Finance Minister Patrick Chinamasa said today.
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President Robert Mugabe has announced a new politburo in which he has abolished the post of national chairman with previous chairman, Simon Khaya Moyo being dropped to secretary for information and publicity. Here is the line-up:
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The World Bank has extended a $75 million grant to Zimbabwe under its International Development Association to rehabilitate the country’s largest man-made lake and boost its energy generating capacity.
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Zimbabwe’s fuel price level cannot be compared with other countries as they have different cost structures, the state energy regulatory authority has said.
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Zimbabwe’s public sector is perceived to be one of the most corrupt in sub-Saharan Africa, only coming second to Angola in the southern African region, a report has shown.
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