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Posted inStories

General Beltings narrows loss, sees good times ahead

General Beltings Holdings says Zimbabwe’s mining sector struggles have hit its operations hard, resulting in a $471 000 net loss in the six months to June 30, lower than the…
Posted by Charles Rukuni September 23, 2015
Posted inStories

Caledonia in $70 million expansion to cushion against price fluctuations

Caledonia Mining Corporation says the ongoing $70 million expansion of its Blanket gold mine in Gwanda will improve the mine’s operational efficiency and drive down production costs, cushioning it against…
Posted by Charles Rukuni September 23, 2015
Posted inStories

MP takes Mugabe praise-singing to new heights

Buhera North Member of Parliament William Mutomba took Mugabe praise-singing to new heights when he introduced a motion in Parliament to express loyalty and offer respectful thanks to the President’s…
Posted by Charles Rukuni September 23, 2015
Posted inStories

Hippo Valley planning to enter the ethanol fuel market

Hippo Valley Estates, a unit of South Africa’s Tongaat Hulett, says it intends to break into the ethanol fuel market and is engaged with Zimbabwe’s energy regulator to acquire the…
Posted by Charles Rukuni September 23, 2015
Posted inStories

IMF could resume Zimbabwe funding early next year

The IMF might resume financial support to Zimbabwe as early as 2016 if foreign creditors accept Harare’s plans to clear arrears to international financial institutions and implement economic reforms to…
Posted by Charles Rukuni September 22, 2015
Posted inStories

South Africa’s Sable Mining signs MoU to construct 600MW power station in Zimbabwe

Africa focused junior miner, Sable Mining Africa yesterday said it had signed a memorandum of understanding to build a 600-megawatt thermal power station with China’s Citic Construction at its Lubu…
Posted by Charles Rukuni September 22, 2015
Posted inStories

Zimbabwe mining indaba to focus on power generation

Zimbabwe’s annual Mining and Infrastructure Indaba will this year focus on the development of power generation projects which are key to attracting investment in the country, organisers have said. The…
Posted by Charles Rukuni September 21, 2015
Posted inStories

Zimbabwe electricity generation falls below 1 000MW

Zimbabwe’s electricity generation now stands at 984 megawatts after all power stations experienced system disturbances which saw Hwange Thermal Power producing electricity half of its installed capacity of 920MW, the…
Posted by Charles Rukuni September 21, 2015
Posted inStories

Zimbabwe government property in Cape Town sold for R3.7 million over white farmers’ case

A Zimbabwean government property in Cape Town, ironically on 28 Salisbury Avenue, was auctioned today for R3.76 million to cover legal costs the government owed to a South African human…
Posted by Charles Rukuni September 21, 2015
Posted inStories

Moyo with Mnangagwa zvekuti wuya uone shaz!

Higher Education Minister and one of the members of the so-called Generation 40, Jonathan Moyo, has put a spanner into the spin that the G40 does not see eye-to-eye with…
Posted by Charles Rukuni September 21, 2015

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Insider's Q&A
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