adminMetallon Gold to revive Motapa Mine
Harare Bureau— Metallon Gold Zimbabwe is conducting a feasibility study at its Motapa gold mine in Bubi with the intention of reviving operations there. The mine closed in 1990. Metallon…
‘No bail-out for Hwange Colliery’
Patrick Chitumba Senior Reporter THE government will not bail out Hwange Colliery Company Limited even if it is the major stakeholder as it is broke but will see to it…
Private sector urged to fully partake in Zim-Asset
Business Reporter THE Confederation of Zimbabwe Industries (CZI) has urged the private sector to be fully involved in the Zimbabwe Agenda for Sustainable Socio-Economic Transformation (Zim-Asset) and its implementation to…
IDC seeks special waiver to raise money
Harare Bureau THE Industrial Development Corporation (IDC) is seeking a special waiver for its subsidiaries to be given more time to raise money to settle their outstanding statutory obligations. IDC…
‘Deflation, a correction of prices’
Harare Bureau Business Reporter ZIMBABWE’S economic outlook is not all “doom and gloom” and the so-called deflation in the economy is more a correction of prices than the economy shrinking,…
Shortage of projects hinders pension funds from investing
Harare Bureau PENSION funds last year invested only two percent of their assets on prescribed paper due to insufficient investments that require prescribed asset status, the Insurance and Pension Commission…
Funds reel under arrears
Harare Bureau THE liquidity challenges gripping the country negatively affected returns for pension funds in the fourth quarter of 2013. According to a report by the Insurance and Pension commission…
Red tape discourages pharmaceutical investors
Happiness Zengeni in Mumbai, India ZIMBABWE’S regulatory bureaucracy is a major deterrent to pharmaceutical investors who want to set up shop or bring goods to the country, industry stakeholders have…
Zimbabwe Platinum Mines posts 9pc revenue hike
Harare – Zimbabwe Platinum Mines (Zimplats), of which 87 percent is owned by Impala Platinum, reported a 9 percent increase in revenue to $137.8 million for the quarter to March…
Golden Grill outlets reopen
Business Reporter THE proprietor of Golden Grill Fast Food outlets in Bulawayo, Paul Evans, yesterday said he was an indigenous Zimbabwean who should not be subjected to the requirements of…