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Bikita Minerals to complete new lithium processing plant in June- aiming for US$1 billion revenue by next year
Posted inStories

Bikita Minerals to complete new lithium processing plant in June- aiming for US$1 billion revenue by next year

Bikita Minerals expects to complete its new lithium processing plant in June, saying it has doubled revenue after metals giant Sinomine took over the country’s oldest petalite mine last year.…
Posted by Charles Rukuni May 9, 2023
Zimbabwe Constitutional Court dismisses Mwonzora’s application to postpone elections
Posted inStories

Zimbabwe Constitutional Court dismisses Mwonzora’s application to postpone elections

Zimbabwe’s highest court, the Constitutional Court, has dismissed an application by Movement for Democratic Change leader Douglas Mwonzora to postpone this year’s elections because the Zimbabwe Electoral Commission’s delimitation report…
Posted by Charles Rukuni May 8, 2023
WestProp fails to sell a single share on its first day of trading
Posted inStories

WestProp fails to sell a single share on its first day of trading

WestProp Holdings failed to sell a single share on its first day of trading at the Victoria Falls exchange today. It was, however, not the only company on the 11-member…
Posted by Charles Rukuni May 8, 2023
Paddy Zhanda’s wealth surges by US$10 million in four months
Posted inStories

Paddy Zhanda’s wealth surges by US$10 million in four months

Zimbabwean tycoon Paddy Zhanda, who owns a significant stake in Masimba Holdings, has seen his wealth figures surge by over US$10 million since the start of the year, according to…
Posted by Charles Rukuni May 8, 2023
Forget about where Mnangagwa sat at King Charles’s coronation- his mere invitation was a big deal, Jonathan Moyo says
Posted inStories

Forget about where Mnangagwa sat at King Charles’s coronation- his mere invitation was a big deal, Jonathan Moyo says

Former Information and Higher Education Minister Jonathan Moyo says Zimbabweans should not be infatuated with trivialities like where President Emmerson Mnangagwa sat at the coronation of King Charles III. Mnangagwa’s…
Posted by Charles Rukuni May 7, 2023
WestProp takes a huge gamble as it starts trading on the Victoria Falls Stock Exchange tomorrow
Posted inStories

WestProp takes a huge gamble as it starts trading on the Victoria Falls Stock Exchange tomorrow

WestProp Holdings, which starts trading at the Victoria Falls Stock Exchange tomorrow, has taken a huge gamble after it raised only US$3.3 million against a target of US$40 million through…
Posted by Charles Rukuni May 7, 2023
Deck stacked against Zimbabwe’s opposition in upcoming elections
Posted inStories

Deck stacked against Zimbabwe’s opposition in upcoming elections

Zimbabwe is expected to hold a general election this year. However, President Emmerson Mnangagwa has yet to announce the poll date publicly, and his ability to do so could be…
Posted by Charles Rukuni May 6, 2023
Zimbabwe gold-backed digital tokens to sell for as little as US$10
Posted inStories

Zimbabwe gold-backed digital tokens to sell for as little as US$10

Zimbabwe’s gold-backed digital tokens, which will be introduced on Monday, will sell for as little as US$10, making them handy for transactions. The tokens will mainly serve as a store…
Posted by Charles Rukuni May 5, 2023
Caledonia starts selling its own gold to an offshore refiner
Posted inStories

Caledonia starts selling its own gold to an offshore refiner

Caledonia Mining has started directly exporting its gold, winning a key concession that it says will help it raise offshore capital for expansion in Zimbabwe. The company says it has…
Posted by Charles Rukuni May 5, 2023
Old Mutual joins the mobile money market. Can it challenge Ecocash and Innbucks?
Posted inStories

Old Mutual joins the mobile money market. Can it challenge Ecocash and Innbucks?

It already dominates property in Zimbabwe, but now Old Mutual is moving to occupy a different kind of real estate – in the digital space. Old Mutual, the country’s biggest…
Posted by Charles Rukuni May 4, 2023

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