We’re working towards platinum refinery

The mining industry has risen to become the anchor to Zimbabwe’s economic growth and development accounting for up to 60 percent of foreign exchange earnings and 13 percent of GDP last year. Senior Business Reporter Golden Sibanda (GS) took advantage of the Mining Indaba to talk to  Chamber of Mines Zimbabwe president Mr Winston Chitando (WC) on this and other issues. Excerpts . . .
The mining industry has risen to become the anchor to Zimbabwe’s economic growth and development accounting for up to 60 percent of foreign exchange earnings and 13 percent of GDP last year. Senior Business Reporter Golden Sibanda (GS) took advantage of the Mining Indaba to talk

Maintain integrity, internal auditors urged

Business Reporter
INTERNAL auditors have been urged to be brave and maintain integrity in discharging their duties. The call was made by different speakers during the Institute of Internal Auditors annual conference in Victoria Falls last week, which was running under the theme “Stretching Internal Audit Boundaries”.

Govt courts Japanese, Chinese investors

Government has engaged Japanese and Chinese investors to set up a mining exploration company, a senior official has said. The Mining Promotion Corporation will be charged with conducting mineral exploration throughout the country to ascertain Zimbabwe’s reserves of various minerals. The

Turn rhetoric into action

Jeff Gogo Climate Story
THE National Energy Policy launched by Government in Harare recently provides Zimbabwe a chance to turn rhetoric into action. Most importantly, it should provide direction and replenish national interest for the full-scale exploitation of renewable energies. The policy should be able to eliminate

Pelhams share bargain boosts ZSE turnover

Business Reporter
THE Zimbabwe Stock Exchange share market rose slightly last Friday on gains in selected heavyweight counters, with the major highlight being a special bargain of 116,3 million Pelhams shares. The industrial index advanced 0,2 percent or 0,29 points at 140,02 points after cement maker

Bank charges: No reprieve in sight

Tawanda Musarurwa Business Reporter
ACTING Finance Minister Gorden Moyo says a review of high bank charges and interest rates was unlikely soon, as the Reserve Bank of Zimbabwe had not taken decisive steps to address the issue. The Ministry of Finance and the Reserve Bank of Zimbabwe have both condemned the prevailing high

Zim eyes 10 000MW power output

Golden Sibanda Senior Business Reporter
ZIMBABWE plans to raise power output to 10 000 megawatts in line with targets for a US$100 billion economy by 2040. The Government was thus committed to continue investing in new power generation capacity to close the supply gap. Addressing the Mining Indaba last week, Zimbabwe Energy

Charamba wins AON tourney

Takudzwa Chitsiga Sports Reporter
TONGO Charamba won the inaugural AON Invitational golf tournament after he shot a three-under-par 69 at Royal Harare last Friday. The tournament featured the top 12 players on the Zambezi Tour order of merit and three others invited by the sponsors. Charamba — who is improving with each

Zimbabwe don’t look good

Jeffrey Murimbechi
ZIMBABWE have done very little to suggest that they will brew up a shocker when they take on hosts Sri Lanka in the opening game of the ICC Twenty20 World Cup in Hambantota tomorrow. Two defeats in their warm-up matches against Ireland and Bangladesh have left more questions than

Man assaults magistrate, prosecutor in court

Midlands Correspondent
A Gweru magistrate sustained a fractured leg while a prosecutor was left with bruises when an accused person ran amok, jumped out of the dock and assaulted the court officials for denying him bail. The incident occurred at the Gweru Old prison Complex on Wednesday afternoon. Sources said

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