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Columns & Comment

Business Council of Zimbabwe

The negotiations between the two MDCs and ZANU-PF stalled in September over the allocation of ministries, chief among them being the Ministry of Home Affairs. The impasse, which has been taken to the Southern African Deve-lopment Community, has dampened investor confidence while heightening speculative practices on the market,…

BNC battles to stay afloat

 “The cash flow of Bindura Nickel Corporation (BNC) in recent months has been affected negatively by a number of factors, including declining nickel prices, low production levels, unfavourable exchange rates and periodic power blackouts,” said the miner in a statement. “The exchange rate policy ultimately cripples the company’s…

Coal firms incur heavy losses

While the bulk of the coal firing Zimbabwe's embattled industries and tobacco farms is produced by the Zimbabwe Stock Exchange (ZSE)-listed Hwange Colliery Company Limited (HCCL), there has been a significant throughput from Sengwa Mine in Gokwe and Thuli Mine in Beitbridge.These mining operations have, however, in recent…