The Insider

Zimbabwe is targeting 40,000 tourists from Belgium, Luxemburg and Netherlands annually, up from around 14,000 currently, the Zimbabwe Tourism Authority (ZTA) has said.

(226 VIEWS)

The Movement for Democratic Change has called on Zimbabweans to resist the government move to construct 32 additional tollgates to increase its revenue arguing that the money collected will not be used to improve the country’s roads but to pay civil servants’ salaries as well as to bankroll perks for ministers and deputy ministers.

(190 VIEWS)

Zimbabwe’s largest gold producer Metallon Corporation sees bullion output up 30 percent on last year’s figures to 130 000 ounces in 2015 spurred by the restart of its Redwing Mine after the company budgeted $34 million in capital expenditure.

(96 VIEWS)

The chief executive of London-listed Mwana Africa Kaala Mpinga has described Zimbabwe, shunned by most investors because of its foreign investment laws, as one of the best countries in Africa to invest in.

(133 VIEWS)

The Zimbabwe Miners Federation (ZMF) registered over 40 000 small-scale miners last year as government moves to formalise activities of artisanal miners who now deliver over half of the country’s gold output, an official said today.

(129 VIEWS)

Zimbabwe’s trade deficit stood at $3 billion between January and November last year as the economy continued its overreliance on imports, latest trade data from the Zimbabwe National Statistics Agency (Zimstat) shows.

(106 VIEWS)

Gold production at Falgold-owned Turk Mine near Bulawayo is now at 70 percent of installed capacity although funding constraints could hit efforts to push the mine to full production, an official said today.

(230 VIEWS)