ZIMPLOW Holdings (Zimplow) says its profit declined by 21 percent to $228 million during the half-year to June 30, 2021, due to “currency distortions” in Zimbabwe. (more…)
GOLD miner Caledonia expects to sink US$1,6 million over the next 24 months at the newly-acquired Maligreen project in Gweru, while it explores other mining opportunities in the area as it seeks to expand its resource base. (more…)
THE proportion of households with access to the Internet in Zimbabwe has increased from 33,2 percent in 2014 to 50,1 percent in 2020, the Zimbabwe National Statistics Agency (Zimstat) has reported. (more…)
PADENGA Holdings (Padenga) has gained close to 60 percent on the Victoria Falls Stock Exchange (VFEX) since late-July, recovering from the early losses it suffered at its migration to the budding market. (more…)
ZIMBABWE wants mining companies to step up investments in agriculture covering both livestock and crop production. Some of the miners have already ventured into livestock production and the authorities are looking to expand the investments into other areas in the sector. (more…)
GOVERNMENT says the pilot phase of the National Fuel Management System has been completed, with the system proving to be robust and ready for full implementation. (more…)
THARISA said it was due to present a development proposal for a platinum group metals (PGM) mine in Zimbabwe before the year-end after resuming drilling on the project at the end of last year and completing technical studies. (more…)
ZIMBABWE’S inflation edged to 51,55 percent in September from 50,24 percent in August, reflecting price increases across the economy in a month the country grappled with shortages of power and foreign currency. (more…)