Makomo doubles coal output

Makomo Resources says production at its Hwange mine has recovered to a static 150,000 tonnes per month from June to August, following a slow start to the year. The coal…

Grace on the rise

First Lady Grace Mugabe is reported to have been appointed to a key committee that will campaign for her husband and the ruling party in next year’s elections. According to…

Masawara profit up 57 percent

Masawara Plc reported a 57 percent increase in after tax profit to $3.6 million in the six months to June from $2.3 million in the comparable period last year. Masawara,…

Africa’s richest man bids for PPC

Regional cement maker Pretoria Portland Cement (PPC) today said it had received an offer from Nigeria’s Dangote Cement to acquire the company’s entire share capital. PPC is already considering a…