Zimbabwe: Caledonia Mining Gold Resource Base Up 52 Percent

CALEDONIA Mining Corporation Plc says its gold resource base has increased by 52% on the back of lucrative surging gold output as the miner's productivity profile continues to… Read more »

Zimbabwe: Faltering Businesses Urge Mnangagwa to Rein in Greedy Councils

CLUTCHED between a rock and a hard place, underperforming Zimbabwean business enterprises have called for a reversal of latest rounds of tariff increases by both urban and rural… Read more »

Zimbabwe: U.S. Diplomat Visits Zanu-PF to Pledge Washington's Support for Mnangagwa - Claims Mutsvangwa

An unnamed United States (US) Embassy deployee in Zimbabwe reportedly visited the ruling Zanu PF party, ostensibly to pledge Washington's support for President Emmerson Mnangagwa's… Read more »

Zimbabwe: Trucking Company Wins Case Against Taxman

A local trucking company, Ajara Logistics Pvt Ltd, will finally get back its 100,000 litres of fuel and trucks which have been parked at Chirundu Border Post after being seized by… Read more »

Zimbabwe: Stakeholders Blast Women's Bank Over Failure to Alleviate Poverty

STAKEHOLDERS have criticised the Zimbabwe Women Microfinance Bank (ZWMB) for failing to alleviate the plight of the country's impoverished women by continuing to operate like any a… Read more »

Zimbabwe: Central Bank Reduces Interest Rates to 150%, Bullish On Sustained Stability

Reserve Bank of Zimbabwe (RBZ) first Monetary Policy Statement (MPS) for the year 2023 reduced interest rates to 150% per annum while maintaining a tight grip on inflation… Read more »

Zimbabwe: Belarus Pushes for Zim-Mozambique Economic Ties

Belarus President Alexander Lukashenko is exploring ways of forging economic ties with Mozambique and Zimbabwe in the agricultural sector. Read more »

Zimbabwe: Monthly Inflation Rate Drops to 0,7 Percent

MONTHLY inflation declined to 0,7% in January 2023 shedding 0,6 percentage points in a development which comes on the back of economic reforms aimed at easing inflationary… Read more »

Zimbabwe: Central Bank Sets Conditions for 50% Mineral Royalties' Collection

THE Reserve Bank of Zimbabwe (RBZ) has set the conditions for 50% raw minerals royalties collections after being conferred with the responsibility by the government. Read more »

Zimbabwe: ZCTU Petitions Mavima Over Workers Abuses At Manhidze Steel Company

ZIMBABWE Congress of Trade Unions (ZCTU) has petitioned Labour Minister, Paul Mavima to urgently intervene following a series of labour violations at the Chinese run Manhidze Steel… Read more »

Zimbabwe: Mnangagwa Orders Payment of Compensation for 258 Zipra Cadres Fired From ZNA During Gukurahundi

PRESIDENT Emmerson Mnangagwa has reportedly ordered payment of compensation of 258 former ZIPRA combatants who were summarily dismissed from the Zimbabwe National Army (ZNA) during… Read more »

Zimbabwe: Vast Resources Pursues Historic 129,400 Diamond Carats Trapped in Zimbabwe

London based mining and resource development company, Vast Resources says it is pursuing 129 400 diamond carats trapped in Zimbabwe amid a lucrative share jump this week. Read more »

Zimbabwe: German Adhesives Giant Henkel Makes in Roads, Announces Official Zimbabwean Marketing Partner

GERMAN adhesives giant Henkel has announced a marketing deal for its wide range of products with Cluster Diagnostics. Read more »

Zimbabwe: First Oil Cornered to Pay CMED U.S.$2,7 Million 2013 Debt

First Oil company has been cornered by the High Court, to pay US$2,7 million owed to CMED Pvt Ltd after having dodged the obligation for a decade. Read more »

Zimbabwe: Zimbabwe Targets 40 Tonnes of Gold in 2023 - Official

Zimbabwe's gold mining sector is targeting to raise production to 40 tonnes this year, up from 35.38 tonnes last year, an official said Tuesday. Read more »

Zimbabwe: Harare Gets No Cent From Carbon Tax to Fix Pot-Holed Roads - Says Mayor

Harare Mayor, Jacob Mafume says the Zimbabwe National Roads Administration (ZINARA) must be disbanded and hand back management of roads infrastructure back to council. Read more »

Zimbabwe: FBC Optimistic On More Vfex Listings in 2023

FBC Securities has expressed optimism that more companies will list on the US$ denominated Victoria Falls Exchange (VFEX) due to the stock market's stability in the face of policy… Read more »

Zimbabwe: Opposition Politician Biti Chides Minister Moyo for Delaying Pomona Waste to Energy Court Challenge

Prominent lawyer, Tendai Biti, has shot salvos at Minister of local government, July Moyo, saying he is walking on slippery ground after the latter's lawyers applied for a… Read more »

Zimbabwe: Industry Confirms Backlog Clearance As RBZ Auction Allots U.S.$13, 8 Million

CONFEDERATION of Zimbabwe Industries (CZI) has acknowledged that the Reserve Bank of Zimbabwe (RBZ) Foreign Exchange Auction has cleared backlogs, expressing optimism that parallel… Read more »

Zimbabwe: 148 Perish in Zimbabwe Road Accidents During Festive Season

A total of 148 people were killed in 2 723 road traffic accidents recorded countrywide between December 15 2022 and January 15 this year in Zimbabwe, according to police. Read more »

Zimbabwe: CZI Calls for Tighter Monetary Policy to Attain 100% Inflation Target

CONFEDERATION of Zimbabwe Industries (CZI) has called for a much tighter monetary policy and a revamped Foreign Exchange Auction platform if the target of reducing inflation levels… Read more »

Zimbabwe: Zimbabwean Appointed Pan African Youth Forum Chairman

A YOUNG farmer and businessman from Hurungwe in Mashonaland West province, Kudzai Gasho was recently appointed chairperson of the Pan African Youth Forum. Read more »

Zimbabwe: Delta Corporation Credits Policy Measures for Easing Inflation

LISTED beverages manufacturer, Delta Corporation Limited, has credited policy interventions employed by monetary authorities for easing inflation and spurring foreign currency… Read more »

Zimbabwe: Central Bank Clears Auction Backlogs, Move Set to Strengthen Local Currency

THE Reserve Bank of Zimbabwe (RBZ) says it has cleared the Foreign Exchange Auction backlogs in what market watchers believe to be a huge leap in strengthening the Zim$ currency. Read more »

Zimbabwe: Govt Suspends Rimbi, Zebra Kiss Bus Operators Licenses Following Fatal Accident

TRANSPORT and infrastructural development minister has with immediate effect suspended operating licences for Rimbi and Zebra Kiss bus operators after their drivers recklessly… Read more »