Stories

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…

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…

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…

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…

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…

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…

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…

Hotelier Rainbow Tourism Group slipped into the red in the six months to June with a $1.9 million loss from a profit of $139 000 previously as arrivals remained depressed,…

President Robert Mugabe says the Labour Act, which was bulldozed through Parliament despite objections from the Parliamentary Legal Committee, the opposition Movement for Democratic Change and employers, will be amended…

Plastic products manufacturer Proplastics  reported a 43 percent increase in after tax profit to $263 000 in the six months to June driven by an 11 percent growth in sales…