The CEO performance contract

HR Perspective with MEMORY NGUWI ONE of the clearest indicators of a board’s seriousness about per­formance is whether it has a for­mal performance contract with the chief executive officer (CEO).…

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Miners face US$10 billion capital funding gap

ZIMBABWE’S mining indus­try requires US$10 billion over the next five years to sustain operations and ramp up production, an official has revealed. Speaking at the Chamber of Mines of Zimbabwe’s Annual Min­ing Conference, the chamber’s immediate past president John Musekiwa said the sector required affordable capital and improved in­frastructure to sustain growth and attract investment.…

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Government targets year-end for e-cadastre launch

THE ministry of Mines expects the long-awaited electronic cadastre (e-ca­dastre) system to be fully operational by year-end, modern­ising how the country administers and manages mining titles. The development marks a significant step toward transpar­ency and streamlining the nation’s mining rights administration. The permanent secretary in the ministry of Mines, Thomas Utete Wushe, said the system…

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Zida courts investors with new projects

THE Zimbabwe Investment and Development Agency (Zida) has unveiled US$17 million worth of investment opportunities as it steps up efforts to attract capital into productive sectors of the economy. Zida’s functions include the promotion of investment opportunities and facilitation of engagement between prospective investors and project owners. In its latest project prospectus released this week,…

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ZNCC annual congress on this week

THE Zimbabwe National Chamber of Commerce (ZNCC) annual congress will kick off this Wednesday in Victoria Falls as business stakeholders converge to chart a new course in the wake of emerging challenges confronting the economy. The four-day event comes at a time businesses are facing rising operating costs driven by mounting geopolitical tensions, particularly in…

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Treasury to review incentives

THE ministry of Finance says it is actively reviewing the current min­ing incentive structures to boost fis­cal revenues in the sector. Speaking at the Chamber of Mines Annual Conference yester­day, the deputy minister of Finance, Kudakwashe Mnangagwa, said the government would leverage sound fiscal management, responsible re­source governance, and a support­ive foreign exchange framework to…

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