Stories

Zimbabwe’s largest gold producer, Metallon Corporation, plans to spend $16.3 million in capital expenditure at its Redwing Mine over the next five years, boosting output by nearly 60 percent to…

The Zimbabwe government did “the right thing” in shutting down diamond mining companies in the east of the country as they were not remitting taxes to the fiscus and were…

The danger of Zimbabwe’s over reliance on agriculture and mining has been exposed after drought and poor commodity prices dragged the economy into recession, a securities firm has said. In…

Innscor Africa shareholders are expected to approve the company’s plans to unbundle and separately list its retail and distribution business on the Zimbabwe Stock Exchange (ZSE) at an extraordinary general…

Zimbabwe’s consumer prices fell by 2.31 percent on an annualised basis in March, compared to a 2.22 percent decline in February, the Zimbabwe National Statistics Agency said. On a monthly…

Listed resources group Falcon Gold has leased out Palatial Gold’s processing plant and the area surrounding it to RioZim Limited for a period of nine months under a renewable operating…

Zimbabwe will present a new financing programme to multilateral creditors by November this year after clearing its arrears, and expects to receive its first loan from the International Monetary Fund…

Finance Minister Patrick Chinamasa says government has engaged private audit firms to undertake forensic audits of 10 key parastatals targeted for transformation as it seeks to turn around loss-making state…

CFI Holdings chief executive (CEO) Stephen Kuipa is set to leave the Zimbabwe Stock Exchange-listed agro-industrial concern, the company says. The group, which has been hit by shareholder wrangling, also…

The Zimbabwe National Roads Authority (ZINARA) disbursed $11 million to local authorities in the first three months of the year for the rehabilitation of roads, an official has said. The…