Artisanal miners to get equipment, legal support

Small-scale miners will get more Government help to maximise on their potential and production, but the miners themselves must observe the highest degree of discipline in their operations to meet their individual and national goals, Zanu PF Second Secretary and Vice President Dr Constantino Chiwenga said yesterday.

Roundtable discussion on energy, currency challenges

Note from the ZNCC In his presentation, Dr Nebson Mupunga, stressed that the fundamentals are indeed strong to support exchange rate and price stability. The fiscal deficits have been recorded…

Demand for support infrastructure increases as key economic sectors grow

Prosper Ndlovu in Victoria Falls The massive transformation and growth of the mining and agriculture sectors under the Second Republic has piled pressure on the existing transport infrastructure amid calls…

Forex shortfalls choke miners

Oliver Kazunga A SIGNIFICANT number of large-scale mining houses, particularly those undertaking expansion projects, are hamstrung by foreign exchange shortfalls to meet their capital expenditure and operations, the Chamber of…

Interest rates kept unchanged

The South African Reserve Bank’s monetary policy committee left interest rates unchanged on Thursday — after 10 hikes in 21 months aimed at cooling inflation. Three members voted to keep…

Inflation reverberations

The post-Covid inflation surge and accompanying jump in interest rates was a global phenomenon. There were a few important exceptions, notably China and Japan, but almost all other economies experienced…

Econet fears foreign currency challenges

Michael Tome Business Writer ECONET Wireless Zimbabwe (EWZ) says it fears that foreign currency challenges will constrain its envisioned US$135 million capital expenditure programme, as the mobile network operator intends…

Zim’s US$1bn lithium plan faces setback

South Africa’s Moti Group said a Chinese company with which it planned to develop a US$1 billion lithium processing plant in Zimbabwe was halving its stake in the venture, dealing…

Termination of employment contracts

Arthur Marara The area of termination of contracts of employment remains one that is topical among Human Capital Practitioners, and employees. Just like any other contract, a contract of employment…

Care now needed when rates stabilise

There is general agreement that the main reason the price of a US dollar has been falling over the past four weeks is that the commercial banks do not have…

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