CALEDONIA Mining Corporation (Caledonia) says it is now in the final stages of reassessing the Bilboes project with a view to scaling it to be profitable. While ongoing work confirms the project has attractive economics, Caledonia is now undertaking further evaluation of recent developments expected to enhance the Bilboes’ project. The feasibility study, being conducted…
THE Zimbabwe Trade Development and Promotion Organisation, ZimTrade, has intensified efforts to diversify the country’s export markets through a buyers’ seminar that has attracted more than 15 buyers from 15 countries. Speaking to the Daily News on the sidelines of the seminar, ZimTrade chief executive officer Allan Majuru said the initiative was aimed at consolidating the country’s…
DELTA Corporation has broken ground for a new US$35 million brewhouse in Belmont, Bulawayo, a major investment signalling renewed confidence in the city’s industrial revival. Speaking at the groundbreaking ceremony yesterday, Delta Corporation board chairman Todd Moyo said the project reaffirmed the company’s deep roots in Bulawayo. “This project reconnects with our history and heritage.…
MOGOLD Global has wrapped up its highly acclaimed Dallas Golf Tour, marking another milestone in its mission to unite communities and industries through the power of sport. The event, known…
IT IS crucial that Zimbabwe builds up its gold and foreign exchange reserves markedly before the country ditches the US dollar, economists say.Speaking to The Financial Gazette — the country’s number one business publication and prime voice for industry and commerce — the economists stressed this week that doing so would engender more confidence in…
TRADING on the Zimbabwe Stock Exchange (ZSE) remains concentrated among a few blue-chip counters, exposing the market to structural risks as investors tread cautiously amid market uncertainties.This comes as the country’s primary bourse faces an unpredictable outlook marked by the recent spate of de-listings, the inability to attract new listings, and erosion of stocks’ price…
BY GODFREY NYONI IN today’s hyperconnected world, information travels faster than light. A single WhatsApp message can reach thousands of Zimbabweans in just a few minutes, crossing towns, provinces, and even borders before anyone stops to check if it’s true. But speed has a dark side and not everything that spreads is accurate or honest.Zimbabwe,…
THE People’s Own Savings Bank (POSB) has set aside US$8,7 million over the next three years to support schools, educators, SMEs and households, in installing solar energy systems and Starlink internet services.The bank is targeting to power at least 400 schools, 2,700 households, and 400 small and medium enterprises across the country by 2027.The facility…
WESTPROP Holdings (WestProp) is aiming at growing its portfolio of higher-margin developments to enhance profitability in the medium to long term, amid mounting operational costs.The Victoria Falls Stock Exchange-listed property firm has several luxury developments at various stages of completion, which include The Mall of Zimbabwe and the Radisson Millennium Heights Aparthotel.“High demand has been…
NATIONAL Foods (NatFoods) recorded an aggregate volume growth of 18 percent during the year ended June 30, 2025, thanks to improved availability of key raw materials.A subsidiary of Innscor Africa, NatFoods relies on locally-sourced agricultural raw materials like maize, wheat, and soybeans which it processes into flour, maize meal, pasta, biscuits, and cereals, as well…
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