News

Gold producer Pan African Resources (Panaf) says that it is in exclusive negotiations with ASA Resource Group to acquire assets and liabilities in Zimbabwe. Panaf, a mainly gold miner which…

The African Development Bank (AfDB) has just published its African Economic Outlook for 2018. This year’s revamped publication – shorter than usual, analytically well-structured, and written in lucid prose, without…

President Emmerson Mnangagwa has appointed High Court Judge Prisicllah Chigumba as the chair of the Zimbabwe Electoral Commission taking over from Rita Makarau who resigned soon after Mnangagwa took over…

Australian-listed junior miner Prospect Resources says it has raised $10 million in capital via a private placement which was oversubscribed. A placement is the sale of securities to a small…

The government has allocated only $2 million for the acquisition of vehicles for chiefs when the bid was for $9 million raising questions as to where President Emmerson Mnangagwa will…

CFI Holdings reported an after tax profit of $879 800 for the year ended September 31, 2017 from a $45 million loss in the prior year, driven by a 45…

Zimbabwe’s mineral revenue is projected to reach $2.5 billion this year up from $2.3 billion last year, on higher production from gold and platinum miners, the Chamber of Mines has…

Movement for Democratic Change legislator Eddie Cross says while Zimbabwe is open for business it must be careful that it will not be exploited. He also differed with his Alliance…