Increased mineral resource at Dokwe gold project

ARIANA Resources says in-pit mineral resource estimates for the Dokwe gold project in Zimbabwe increased by nine percent utilising updated geological and economic inputs.“The revised optimised in-pit resource is supported by improved confidence in the underlying geological model. This outcome resulted from the work undertaken by our technical team, which dedicated several months to an…

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Rethink de-dollarisation plans, CEOs urge government

THE CEO Roundtable board has urged the government to abandon its “flawed” dedollarisation strategy, warning that it could deter investors and exacerbate the funding gap in the market.Last year, the government approved a dedollarisation roadmap to phase out the multicurrency system and transition to a single currency by 2030. This strategy was introduced following the…

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RTG’s Montclair acquisition nears completion

RAINBOW Tourism Group (RTG) recently completed the refurbishment of its Victoria Falls properties as it seeks to attract even more tourists visiting the resort town.The hospitality group has been refurbishing its properties as part of efforts to create world-class destinations that seamlessly blend luxury, innovation, and sustainability. The hotelier currently has properties in Victoria Falls,…

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Localised credit rating welcomed

THE accreditation of a local credit rating agency in Zimbabwe is set to enhance access to both local and global capital funding for the country and businesses through its risk assessment services, experts say.Last month, the Reserve Bank of Zimbabwe (RBZ) accredited ICRA Zimbabwe as an official local credit rating agency after it met regulatory…

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Horticulture sector weathers drought

THE horticulture sector has demonstrated resilience, recording an increase in the total area planted despite unfavourable weather.This growth has been largely driven by the inclusion of smallholder farmers in both local and international fresh produce markets.Last week, the Minister of Agriculture, Anxious Masuka, reported to the cabinet that the total area planted under horticulture had…

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Caledonia embraces smart mining

CALEDONIA Mining Corporation (Calidonia) is advancing its modernisation strategy to upgrade systems and integrate new technology, transforming its operations into a “data-driven”, smart mine.This comes as mining companies in Zimbabwe are increasingly adopting advanced technologies such as sensors, data analytics, and automation to develop “smart mines”.These innovations aim to boost productivity, enhance safety, and reduce…

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Fertiliser industry faces persistent challenges

ZIMBABWE’s fertiliser industry continues to grapple with critical challenges, hampering efforts to achieve self-sufficiency and reduce reliance on costly imports. Electricity shortages, foreign currency constraints, and delayed payments are among the key obstacles weighing on local production. Despite ambitions to boost domestic output, Zimbabwe remains heavily dependent on fertiliser imports, spending approximately US$240 million in…

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‘Ease tax burden in order to encourage formalisation’

ZIMBABWE should simplify and reduce the tax burden on businesses in order to promote formalization, enhance competitiveness and foster sustainable economic growth, experts have said. The country has a relatively higher number of taxes targeting businesses compared to the region, not only increasing the cost of doing business but also discouraging formalization. In order to…

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