ZIMBABWE’s platinum output dropped by two percent to 502 000 ounces in 2025, from 512 000 ounces recorded in 2024, attributed to power disruptions and lower grades weighing on volumes, latest data shows. According to an update from the World Platinum Investment Council (WPIC), platinum production is expected to increase by three percent this year…
INCREASED market exposure to substandard electrical products because of failure to curb smuggling is creating uneven competition and heightened safety risks, Cafca chief executive Vimbayi Nyakudya has said. The proliferation of substandard cables has seen a marked increase in electrical faults, in some cases, triggering uncontrollable fires resulting in massive damage to property for households…
FIRST Capital Bank has upgraded its Internet Banking platform to allow corporate clients to make Telegraphic Transfers online, a move aimed at streamlining cross-border trade payments. The bank said the enhancement is designed to provide faster, more convenient services, particularly for businesses involved in foreign trade and regional transactions. Speaking at a recent Mining Indaba…
THE Agricultural Marketing Authority (AMA) has intensified consultations with stakeholders across key agricultural value chains to improve coordination, tackle industry challenges and unlock growth. The regulator has held meetings with…
RISING inequality in the property market is creating a stark divide between luxury developments by a few wealthy individuals and shrinking prospects of homeownership for the majority, analysts have warned. Across major cities such as Harare and Bulawayo, clusters of high-end homes and gated communities are expanding, financed by a small elite, including the diaspora.…
A High Court ruling, historical lease records and competing claims complicate narrative surrounding Botha Gold Mine and Freda Rebecca Gold Mine._ • A High Court spoliation order (HC 653/26) restored…
WESTERN Union and Sasai Fintech, a business of Cassava Technologies, today announced the launch of a new international money transfer mobile app tailored for South Africa’s consumers. The app is…
AUTHORITIES have defended the sudden raw lithium export ban, accusing miners of frantically looting the resource to beat a 2027 deadline. The immediate prohibition on lithium concentrates and raw minerals follows a suspicious surge in export volumes, with companies reportedly rushing to ship unprocessed ore before the initial grace period expired. The minister of Mines,…
THE Zimbabwe Tourism Authority has closed 25 unregistered facilities nationwide, launching a high-stakes compliance blitz to purge the industry of illegal operators. The enforcement operation, carried out yesterday, marked the beginning of a relentless government initiative to formalise tourism businesses and restore regulatory order. The crackdown specifically targeted accommodation establishments, including lodges, guesthouses, and short-term…
WESTERN Union and Sasai Fintech, a business of Cassava Technologies, announced the launch of a new international money transfer mobile app tailored for South Africa’s consumers. The app is designed…
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