Stories

London-listed junior miner Vast Resources says it has agreed to sell nearly half of its shares in its Pickstone-Peerless gold mine in Zimbabwe to a Mauritian investment company for $4…

Zimplats reported a 27 percent increase in after-tax profit to $20.6 million for the three months to December 2016 driven by a 41 percent increase in revenue. Revenue rose to…

The Zimbabwe stock exchange mainstream index eased 2.97 percent in January to close at 140.24 points after mobile operator, Econet Wireless’s share price dropped by nearly half to 16.87 cents,…

They are both dictators. At least that is the argument that was raised in the British Parliament yesterday as legislators debated United States President Donald Trump’s proposed state visit to…

Zimbabwe’s second largest ferrochrome producer Zimbabwe Alloys is searching for investors to inject cash in its operations despite the risk of losing half of its mining claims to government. A…

Former Economic Planning Minister Tapiwa Mashakada, who is also the Movement for Democratic Change-Tsvangirai Shadow Minister for Finance, says he would aim to rum a $20 billion budget for Zimbabwe…

Diversified group, Art Corporation says it plans to recapitalise its subsidiary Kadoma Paper Mills (KPM) in the short-term but has no intentions to reopen Mutare Board and Paper Mills (MBPM),…

Donald Trump’s bleak inauguration speech has attracted attention for, among other things, employing the phrase “America first”. The term was popularised by the famed aviator Charles Lindbergh and is associated…

The stock market fell by 2.67 percent to close the week at 141.14 points on the back of the losses in heavyweights led by Econet which dropped a third of…

There are a lot of unanswered questions since the country’s largest mobile telephone network, Econet Wireless Zimbabwe, announced a $130 million rights offer on 17 January. First, reports said the…