CAPACITY utilisation in local mines is expected to surge to 95 percent in 2026, from 88 percent this year, as the sector ramps up production, a survey by the Chamber of Mines of Zimbabwe has shown. According to the State of the Mining Industry Survey Report, key sectors anticipated to drive the improvement in capacity…
ZIMBABWE is poised to double cement production in the next two years, thanks to ongoing investments by both traditional and new players, as this is expected to avert existing shortages, authorities have said. This comes as the domestic market is facing acute cement shortages driven primarily by plant breakdowns at major producers, PPC Zimbabwe and…
The United Arab Emirates, sub-Saharan Africa’s biggest trade partner after China, plans to further expand commerce with the region as it seeks to bolster food security and tap into rapid…
South Africa handed India their heaviest defeat by runs to complete a compelling 2-0 series sweep in Guwahati on Wednesday. The Proteas won by 408 runs in the second Test…
THE Zimbabwe Energy Regulatory Authority (Zera) has received an application from Union Peak Thermal Zim (Private) Limited to construct a 100-megawatt (MW) coal-fired thermal power plant in Kwekwe, Midlands province. In a notice yesterday, Zera confirmed the company was seeking a licence to construct, own, operate, and maintain the facility. The power generated would be…
STANBIC Bank Zimbabwe is committed to supporting the tourism sector by offering a variety of products that contribute to its growth, the financial institution has said. The leading financial services…
Nedbank Group has agreed to pay Transnet R600 million ($34.8 million) in a confidential commercial settlement, ending a year-long legal dispute over interest-rate swaps. The settlement, made without any admission…
AUTHORITIES say the ongoing construction boom has nearly tripled cement demand since 2017, triggering acute nationwide shortages. The cement supply tightened in recent weeks, with major domestic producers grappling with widespread clinker shortages and unexpected plant failures that have constrained output. The Ministry of Industry yesterday reported that the demand for cement had nearly tripled…
THE Consumer Protection Commission (CPC) is investigating bottled-water manufacturers to ensure strict compliance with safety standards amid a surge of bogus companies. This comes as the country continues to witness a surge in bogus companies bottling and distributing water without proper certification. It also comes as the CPC says it has prosecuted close to 2…
THE Consumer Council of Zimbabwe (CCZ) is preparing to launch a mobile phone-based platform that will allow shoppers to verify product authenticity instantly, an important step in tackling counterfeit and substandard goods. Zimbabwe has recorded a surge in fake products, ranging from food and beverages to household items, many of which are illegally imported or…
This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Read More