Zim gas, oil availability heighten
AUSTRALIA Stock Exchange-listed miner, Invictus Energy, has signed a second gas uptake Memorandum of Understanding (MOU) with Tatanga Energy in a move that further confirms growing confidence in the availability of commercially viable gas at the Muzarabani oil and gas prospect.
Zimbabwe gets $500m from Global Fund . . . Big boost for HIV, TB & malaria fight
Andile Tshuma, Chronicle reporter ZIMBABWE has been allocated US$ 500 million from the Global Fund to fight HIV, Tuberculosis and malaria, for the 2020-2022 period. A statement published on the official…
$255m ZimCoke deal still on: Govt
Michael Magoronga, Midlands Correspondent GOVERNMENT has said that the $255 million ZimCoke deal is still on as it has not yet received any formal communication from the Zimbabwe Iron and Steel…
EDITORIAL COMMENT: Financial institutions should help bankroll urban renewal projects
President Mnangagwa on Wednesday launched the Sakubva Urban Renewal Project, an initiative to modernise the old and rundown suburb. The project is aimed at turning Mutare City into a Smart…
Old Mutual feud with fired CEO Moyo. . . risks thwarting growth ambitions
Old Mutual homecoming may get even rockier next year as an ongoing battle with its former head risks distracting the South African insurer from handling weak economic growth and rising competition.
Econet Zimbabwe hosts Thank You Bulawayo concert. Skyz Metro FM awards on tonight
Mthabisi Mthire/Wayne Chiridza, Showbiz Reporters BULAWAYO Large City Hall arena and car park will be the place to be tonight as Econet Wireless will be hosting a Thank You 2019 concert…
Padenga’s Dallaglio masterstroke
With the global exotic skins industry facing significant headwinds, particularly with recent bans on exotic skins by some key retailers in the industry, analysts say Padenga Holdings Limited’s acquisition of gold producer Dallaglio Investments (Pvt) Ltd was a masterstroke.
Investors welcome China-US trade accord
Asian investors gave a cool welcome this week to the much-hyped China-US trade agreement, with observers saying they were still waiting for details, while the pound built on gains after last week’s general election win for Prime Minister Boris Johnson.
Targeted subsidies: Govt finally strikes right code
In a contribution of 15 November entitled “Mthuli May Pull The Rabbit Out of The Hat” the writer then alluded to the many positives that were contained in the 2020 Budget barring a few weaknesses, which have been highlighted by other commentators. Among many aspects, the issue of targeted subsidies received the writer’s thumps up signal.
Prospect to get US$143m for lithium battery project
Australia Stock Exchange (ASX) listed miner, Prospect Resources, developer of the Arcadia lithium mine near Harare, has appointed African Export and Import Bank (Afreximbank) as lead arranger for a US$143 million syndicated loan facility it needs to finance the lithium-ion batteries project.











