The development comes as it emerged that Timba had also secured control of the RTG board, and was now only moving towards shareholder control to mitigate excess reliance on partner shareholders in the group.One industry source said Timba’s move into RTG was strategic. RTG has several prized properties…

As many as 11 miners, including co-sponsor Mwana Africa plc, attended the 6th Annual International Mining in Africa Conference, organised by Cape Town-based Omega Investment Mining Partners under the theme “Mining in Zimbabwe — A New Beginning?”.Other sponsors included local commercial bank, BancABC and London-based investment bank, Ambrian…

If this happens, it is feared that ZANU-PF could seize the opportunity and rush bills through the august House.Three MDC-T House of Assembly members have been convicted on charges that carry a penalty exceeding the stipulated six months. The party’s Chipinge East MP Mathias Mlambo was sentenced to…

The practice had stopped about six months ago after the army launched a campaign to flush out illegal miners and traders from the diamond rich area.Human rights campaigners  estimate scores of people died during the campaign dubbed Operation Hakudzokwi. Government has denied any killings in the easterly Marange…

Dinha was rushing to the capital for the resumption of Parliament.The shooting, which shattered the back left window of his vehicle where he was sitting, took place at around 3pm just after Bakasa near Humbe Primary School.Dinha, who replaced Ephraim Masawi as governor of the province on August…

In an interview on Tuesday, Constitutional and Parliamentary Affairs Minister, Eric Matinenga, said the government and Parliament were now working on a new budget.“They came up with a draft, but it’s being re-looked at by the parties involved to come up with a true figure, a figure that…

The Movement for Democratic Change (MDC-M) vice president lost the Nkulumane parliamentary seat to the MDC-T, but was in February appointed one of the three Ministers of State responsible for National Healing and Reconciliation alongside ZANU-PF’s John Nkomo and Sekai Holland of the larger faction of the MDC.But…

AGOA is a duty-free and quota-free trade preference regime granted to selected African countries by the Bill Clinton administration in 2000.Zimbabwe currently accounts for more diverse trade flows into the US than most eligible countries despite market access restrictions,Currently 39 sub-Saharan African countries, excluding Zimbabwe, and about 7,000…

In a statement issued to shareholders during a general meeting that voted for the private placement, board deputy chairman John Nixon said:  "We contacted several shareholders earlier in the year about the company's position and as a general opinion seeking fresh investment from existing shareholders did not appear…

The two, who were among business people connecting to Cape Town for the World Economic Forum, had to leave Harare the following day.Runway lighting systems are some of the most critical aircraft control devices installed at airports to give an outline of the runway and must be seen…