PGM price slump spurs mining strategy shift
KUVIMBA Mining House says it has made a strategic shift in its operations by commencing work on an open-pit section at its Great Dyke Investments (GDI) project in response to…
KUVIMBA Mining House says it has made a strategic shift in its operations by commencing work on an open-pit section at its Great Dyke Investments (GDI) project in response to…
TOBACCO processor British American Tobacco (BAT) plans to strengthen distributor-partnerships to reach under-served peri-urban and rural areas as it seeks to regain shrinking market-share.The ZSE-listed firm has endured a notable decline in volumes over the past few years owing to route-to-market challenges and the growing competition from smuggled cigarette brands.“By adapting to changing market dynamics,…
INNSCOR Africa (Innscor) was able to maintain a strong volume performance across core manufacturing operations during the nine months to March 31, 2025 as recent investments in capacity expansion paid off.In its third quarter trading update, the diversified industrial conglomerate, said most of the expansion initiatives it invested in the past few years are now…
STANBIC Bank Zimbabwe has reaffirmed its commitment to supporting Zimbabwe’s power supply needs by offering sustainable financing solutions for renewable energy projects, particularly in support of the mining sector, which remains central to the country’s economic transformation.Speaking at the annual Chamber of Mines president’s dinner, Stanbic Bank chief executive, Solomon Nyanhongo, stated that the bank,…
THE total consumption poverty line (TCPL) for one person rose to ZiG1 279,69 this month compared to ZiG1 263,41 in April, the Zimbabwe National Statistics Agency (Zimstat) has announced. According to Zimstat, if an individual does not consume more than the TCPL, he or she is deemed poor. The latest figures show that a family…
UNIFREIGHT Africa expects turnover to reach US$32 million this year from US$24 million in 2024 riding on ‘robust’ demand and the success of recent strategic initiatives.The transport and logistics group was encouraged by a strong volume performance during the first quarter to March 31, 2025 which yielded a 30 percent improvement in total revenue.“The volume…
The Duchess of Sussex has spoken about the challenges of balancing being an entrepreneur and a mother. Meghan, speaking on the final episode of her podcast Confessions of a Female Founder, made the comments while talking with her guest Sara Blakely – mother of four children, and founder of shapewear brand Spanx. She said to…
One of Sean ‘Diddy’ Combs’ former employees has testified the hip-hop mogul kidnapped her at gunpoint, then broke into rapper Kid Cudi’s home in a plot to kill his love…
The mid-flight explosion of SpaceX’s Starship — its third consecutive setback — underscores the daunting challenges Elon Musk faces in achieving his lofty space ambitions as the world’s richest person…
Words by Fact Jeke WIDELY recognised as the continent’s toughest 4×4 driving challenge, the Nissan Spirit of Africa Trophy is revving up for its 21st anniversary and third annual edition under…
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