Gold miner Freda Rebecca hits monthly average of 200kg

…as it expands sustainability efforts KUVIMBA Mining House (KMH) subsidiary, Freda Rebecca Gold Mine (Freda), reports that its gold production has averaged 200 kilograms per month over the past 11 months, thanks to improved operating efficiencies. Located 90 kilometres northeast of Harare in Zimbabwe, the gold miner houses three mills. In July 2024, the miner…

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Pushing sales without jeopardising relations

By Farirai Nyakudya MUKUNDI and Ariko co-founded M&A Green Company, a sustainable landscaping company that quickly gained popularity for its eco-friendly practices. As demand grew, they struggled to keep up. One day, a large commercial client offered them a lucrative contract to catapult M&A to the next level. However, the client’s requirements would necessitate a…

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Harnessing modern IT & AI key to growth

By Mordecai Musinahama IN today’s dynamic digital landscape, the transformative power of Information Technology (IT) and Artificial Intelligence (AI) is undeniable. Modern IT solutions are not merely a competitive advantage — they are fundamental to shaping the future success of any organisation.Today’s unprecedented spike in technology adoption is reshaping business models across the globe. Companies…

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Meikles seeks ZSE trading readmission

MEIKLES Limited (Meikles) is working to have the suspension on trading its shares on the Zimbabwe Stock Exchange (ZSE) lifted after successfully quelling a nasty boardroom wrangle that ensued at the tail-end of last year.The ZSE said the suspension — which took effect on November 25, 2024 — was necessary “to address corporate governance concerns”…

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Plan out future of tobacco, government told

EXPERTS want authorities to ramp up value addition in the key tobacco sector to boost Zimbabwe’s foreign currency earnings and to foster the golden leaf’s long-term prospects.Speaking to The Financial Gazette — the country’s number one business publication and prime voice for industry and commerce — the experts also said this week that Zimbabwe similarly…

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Proplastics CEO resigns

PROPLASTICS chief executive Kudakwashe Chigiya has resigned with effect from February 19, 2025 and will be replaced by financial director Paschal Changunda in an acting capacity, the company has said.“Kudakwashe has served the company with dedication and commitment, and the board expresses its sincere gratitude for his invaluable contributions to the company’s growth and success.…

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ZimTrade targets Ugandan market

ZIMTRADE has conducted a market scan in Uganda as part of efforts to strengthen trade ties with the country.The scan, primarily carried out in Uganda’s capital, Kampala, is part of ZimTrade’s broader strategy to diversify Zimbabwe’s export markets and gain access to non-traditional trading partners.“The scan, supported by the Ministry of Foreign Affairs and International…

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Diamond sector viability under threat

ZIMBABWE’S diamond industry faces a “murky” future and outlook due to a number of operational challenges, including a depressed international market, statutory obligations and the emergence of synthetic diamonds, which could affect its performance.This comes as one of the world’s largest gem producers, Botswana, has renegotiated its Debswana joint venture agreement with De Beers and…

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Government seeks private investment for irrigation

THE government is urging private investors to provide long-term capital to support irrigation development, as the country moves away from rain-fed agriculture in response to climate change, which has been affecting the sector.Zimbabwe has extensive water resources, with the potential to irrigate over two million hectares. However, fully harnessing this potential requires significant investment in…

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