GEO Associates, an exploration company that is 80 percent owned by Invictus Energy has been granted a three-year extension to its Special Grant 4571 in Zimbabwe’s Cabora Bassa Basin paving the way for exploration and other works programmes. “the Minister of Mines and Mining Development, with the authorisation of the President, has, in terms of…
THERE is growing momentum in green building practices within the country’s construction industry, according to the Zimbabwe Building Contractors Association (ZBCA).Green building is gaining prominence as the sector strives to reduce its environmental impact and embrace sustainability.ZBCA president, Tinashe Manzungu, highlighted that local banks now require green building components as a prerequisite for infrastructure project…
A turnaround in the finances of Eskom has won praise from investors but they are keeping their eyes on one issue — the company’s struggle to recoup some $5 billion in unpaid electricity bills from cities and towns across the country. It’s a debt pile that continues to mount as municipalities themselves fall behind in…
Underlying US inflation probably cooled only a touch at the close of 2024 against a backdrop of a resilient job market and steadfast economy, supporting the Federal Reserve’s go-slow approach to further rate cuts. The consumer price index excluding food and energy is seen rising 0.2% in December after four straight months of 0.3% increases,…
Apple’s board has asked its investors to vote against a proposal to end its Diversity, Equity, and Inclusion (DEI) programmes. It comes after a conservative group, the National Center for Public Policy Research (NCPPR), called on the technology giant to abolish its DEI policies, saying they expose firms to “litigation, reputational and financial risks”. Apple’s…
Greetings to all at the start of a new year which I hope will bring you lots of good things! As a consequence of the festive holiday period when the whole of South Africa seems to close down for nigh on a month, I haven’t had any new models to test, so I’ll kick off…
ECONET Wireless Zimbabwe (Econet) has reached a major milestone, registering 8,2 million customers on its digital self-care platforms, a move that has propelled the company to an 80 percent customer satisfaction index.According to the company’s recently released 2024 Annual Report, the success is attributed to Econet’s continued investment in digital solutions and artificial intelligence (AI),…
THE Meteorological Services Department (MSD) says the country is safe from Tropical Cyclone Dikeledi which is currently developing in the Indian Ocean. This comes as the country is expected to receive heavy rains and thunderstorms to last until the end of this month. Speaking to the Daily News yesterday, MSD meteorologist Isaac Masawana said their preliminary observation…
RETAIL giant OK Zimbabwe has assured its customers that its stores are open for trading amid reports of closure of some branches across the country. This comes as there are growing concerns over the future of major retail shops in the country in the face of the ubiquitous and unregulated informal sector. In a statement…
KAVANGO Resources is pursuing an ambitious plan to elevate Zimbabwe’s mining industry by establishing the nation’s first internationally accredited laboratory. Such a facility could revolutionise the mining sector by providing accurate and globally benchmarked data.This would not only attract foreign investment but also promote transparency and efficiency within the industry.Kavango’s chief executive, Ben Turney, emphasised…
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