KUVIMBA Mining House (Kuvimba) has engaged a consulting company to drive the resuscitation of Zimbabwe Iron and Steel Company (Zisco). Speaking after a cabinet meeting this week, Information minister Monica …
finance
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THERE has been a low default rate on the repayment of loans under Zimbabwe’s Belarus-sponsored farm mechanisation programme, a government official has said. The programme has so far seen the …
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WEST Properties Holdings says Zimbabwe’s infrastructure landscape needs to be reorganised to accommodate and encourage investments in large projects. Speaking at the company’s Victoria Fall Stock Exchange (VFEX) listing ceremony …
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HWANGE Colliery Company (Hwange) says it plans to grow its market share of coking coal sales in neighbouring countries this year. The coal miner, currently under administration, previously said it …
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GOVERNMENT says agriculture mechanisation investments will help transform the country’s farming landscape and contribute to economic growth. In January this year, a total of 1 635 tractors, 16 combine harvesters …
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CFI Holdings (CFI) says sales at its subsidiary, stockfeed manufacturer Agrifoods, dropped four percent during the five months ended February 28, 2023, indicating that consumers are reducing spending in reaction …
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ZIMBABWE’S only exchange-traded Real Estate Investment Trust (REIT), Tigere Property Fund, says it expects increased hard currency collections, which will result in a higher proportion of US dollar dividends. During …
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CALEDONIA Mining Corporation (Caledonia) says it expects gold production to be between 75 000 and 80 000 ounces at Blanket Mine this year. The miner maintained its production guidance despite …
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RIOZIM’S gold production for the year ended December 31, 2022 declined by 17 percent to 929kg from 1 122kg produced in the prior year as the group’s optimisation of its …
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ECONOMIC experts have raised fresh alarm over the worsening volatility of the Zimbabwe dollar and the escalating re-dollarisation of the economy. Speaking to The Financial Gazette this week, they also …
