November 2023

Restrictions hit Tongaat exports

TONGAAT Hulett (Tongaat)'s export sales volumes from its Zimbabwean unit declined 67 percent to 38 000 tonnes for the year ended March 31, 2022 following the industry’s reduced quota allocation into Kenya. (more…)

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November 7, 2023

Coal dominates Zimbabwe’s energy mix

THE Zimbabwe Energy Regulatory Authority (Zera) says low water levels at Kariba Dam have seen the country’s energy mix getting less sustainable with increased reliance on coal.…

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November 7, 2023

Companies & Markets

Meikles outlook ‘uncertain’

MEIKLES says it cannot assess possible performance for its forthcoming financial year due to the country’s inflationary environment. (more…)

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November 6, 2023

National Report

BAT revenue rises on strategic pricing decisions

BRITISH American Tobacco Zimbabwe (BAT) says it recorded a 120 percent turnover growth during the nine months ended September 30, 2023 underpinned by strategic pricing decisions. (more…)

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November 6, 2023

Axia cheers forex ‘liberalisation’

AXIA Corporation (Axia) says the liberalisation of the foreign exchange market is expected to bring relief to pricing products accordingly. (more…)

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November 6, 2023

RTG to capitalise on debt free position

RAINBOW Tourism Group (RTG) says it is constantly pursuing the expansion of its hotel portfolio, capitalising on its debt-free financial position. (more…)

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November 5, 2023

National Report

Invictus moves to logging

INVICTUS Energy has found more than 1 000 metres of gross hydrocarbon charge in two zones at its Zimbabwean well. It has now started wireline logging the Mukuyu-2 well.…

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November 5, 2023

Companies & Markets

Zimplats volumes soar

ZIMPLATS’ ore mined volume increased four percent to 1,968 million tonnes during the quarter ended September 30, 2023 as pillar reclamation operations at Rukodzi Mine were introduced, and production at Mupani Mine continued to ramp up to design capacity. (more…)

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November 5, 2023

Opinions

Multi-currency extension a watershed moment

THE government's decision to extend the multicurrency regime last Friday may go down in history as the most consequential for the economy under President Emmerson Mnangagwa's leadership. (more…)

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November 5, 2023

National Report

Prospect targets high-grade resource

PROSPECT Resources (Prospect) says the phase three drilling programme at its Step Aside Mine is in progress, targeting significant strike and depth extensions of high-grade lithium mineralisation. (more…)

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November 5, 2023

Wednesday, 13 November 2024

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