TSL anticipates volumes from its new animal health manufacturing plant to grow significantly next year on the back of new product registrations. The group, through its wholly-owned subsidiary, Agricura, in November last year, commissioned its upgraded animal health manufacturing plant in Harare which cost approximately US$600 000 to construct. The expanded facility will strengthen the…
INVICTUS Energy (Invictus) says it plans to expand its resource base in 2026 through a high-impact exploration and appraisal programme at its Cabora Bassa project. The Victoria Falls Stock Exchange-listed Australian firm is currently developing its oil and gas project in Muzarabani, north of Zimbabwe and during the past year advanced its seismic acquisition, drilling…
GOLD deliveries to Fidelity Printers and Refiners (Fidelity) reached 37,06 tonnes in the first ten months of 2025, amid a period of record-high global yellow metal prices, latest data shows. The country is now on track to meet its 40-tonne annual target for this year. According to data from Fidelity, small-scale gold producers contributed the…
By Jackson Mashinge IN this week’s instalment, we explore the transformative power of artificial neural networks (ANNs) and their potential to revolutionise accounting practices in Zimbabwe. As financial markets rapidly evolve and technological advances reshape the business landscape, the need for innovative approaches to financial forecasting and decision-making has never been more pressing. For Zimbabwean…
CALEDONIA Mining Corporation (Caledonia) says its US$41 million capital expenditure programme for the year is moving according to plan as it aims to modernise operations and improve efficiency at its mines. Of the total, US$34,1 million is being channelled towards its primary asset, Blanket Mine, with US$6,9 million set to step up exploration at its…
TIGERE Real Estate Investment Trust shareholders have approved the acquisition of two income-generating assets, Greenfields Retail Centre and Phase 1 of the Zimre Park Retail Centre, following a vote at an extraordinary general meeting held this week Monday. The two transactions are valued at approximately US$25,1 million and will be settled entirely through the issuance…
International markets plunged Wednesday as stocks across the Asia-Pacific region sold off on worries about the sky-high valuations of artificial intelligence and tech companies. The Kospi stock index in South Korea plunged…
There are six sprint races in the 2025 season and the format is the same as 2024. Sprint qualifying takes place on Friday, after the only practice session of the…
Oil fell as an industry report showed the biggest rise in US inventories in more than three months and a selloff swept global markets. Brent slid toward $64 a barrel,…
After Donald Trump and Xi Jinping met in South Korea on October 30, China released a statement on the landmark summit’s outcomes, while US officials made public remarks and later…
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