finance

Namib to expand ore milling capacity

NAMIB MINERALS (Namib) announced plans to expand ore milling capacity at its How Mine resource near Bulawayo from 40,500 tonnes to 55,000 tonnes per month, representing a 36 percent increase in throughput capacity. In its latest operational update, the gold producer said it expects the expansion to be operational during the second half of 2026.…

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Caledonia targets 200 000 ounces gold output from Bilboes

CALEDONIA Mining Corporation Plc (Caledonia) says it is proceeding with the development of its Bilboes gold project, which is projected to yield approximately 200 000 ounces of gold annually once steady-state production is achieved. The Victoria Falls Stock Exchange-listed miner completed the project’s feasibility study. The move signals a major strategic shift aimed at transforming…

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‘Boost confidence in health insurance’

CIMAS says Zimbabwe must strengthen health insurance regulations to expand coverage and restore public confidence in the sector. Medical insurance uptake remains low, largely because economic hardships make premiums unaffordable for most households. A lack of trust in insurers, poor service delivery, fraud, and fears that claims will not be honoured have further discouraged many…

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Zimbabwe targets clean coal by 2030

THE country is accelerating its shift toward clean coal technologies, with authorities confirming that the transition is expected to take shape before 2030. This comes as the country makes broader efforts to modernise the energy sector and reduce emissions. Speaking in Livingstone, Zambia, yesterday during the 2025 Zimbabwe-Zambia Energy Summit, deputy Energy minister Yeukai Simbanegavi…

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New policy needs grit

AS the country edges towards the launch of its next industrial policy cycle, there is a temptation to be comforted by lofty targets and warm rhetoric. Yet, if the forthcoming strategy is to do more than decorate conference halls, the authorities must confront the hard realities that have repeatedly undermined industrial revival. The years ahead…

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Schweppes volumes up 7 percent

SCHWEPPES Africa’s volumes grew seven percent year-on-year during the six months to September 30, 2025, benefiting from the reduction in the sugar surcharge on the cordials in January 2025. The growth was also driven by the improved availability of the Minute Maid juice and water following the restoration of the packaging lines. “Whilst the reduction…

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Quantum computing vs AI: Next big cybersecurity battle

By Godfrey Nyoni ACROSS Zimbabwe, many people are still getting used to Artificial Intelligence (AI), but another powerful technology is approaching ― fast quantum computing. Around the world, experts warn that when quantum computers become strong enough, they could break today’s security systems in minutes. This means we may soon see a global cybersecurity battle…

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Mining capacity utilisation seen at 95 percent

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…

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Investments in cement surge

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…

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