adminKhaya Cement sees 117pc volume jump
Khaya Cement Limited’s production volumes for the half year to June 30, 2023 more than doubled, after jumping by 117 percent, thanks to enhanced production efficiencies at the new plant.
Zambia to restructure US$1,5bln Glencore debt
Zambia has agreed to restructure a US$1,5 billion debt owed by Mopani Copper Mines to Glencore, which arose from its acquisition of Mopani in 2021, state-owned mining firm ZCCM-Investment Holdings has said.
African mining to woo foreign investors’
As the race for valuable commodities intensifies, it is increasingly evident that geopolitical competition will catalyse a wave of Mergers and Acquisitions (M&A), reshaping the landscape of Africa’s resource-rich industries.
Botswana denies approval for Musk’s Starlink
Botswana has denied approval for Elon Musk’s Starlink to operate in the country, a decision that comes just before its planned launch in Q4 2024.
MultiChoice rejects ‘under valued’ Canal+ offer
Multichoice, Africa’s leading broadcasting conglomerate, has rejected a takeover bid from French corporation Canal+. Canal+, Vivendi’s owned pay-TV provider, made a non-binding purchase bid that did not fulfil MultiChoice’s organisational appraisal standards.
Investigation underway after newborn baby found dumped in Shurugwi mining pit
Police in Shurugwi are investigating a case in which a newlyborn baby was found dumped in a disused mining pit in the Surprise area of Shurugwi.
Econet lauded for empowering women-owned businesses
Herald Correspondent Econet Wireless Zimbabwe has been commended for empowering female entrepreneurs and promoting the growth of women-owned businesses, facilitating their active participation in the mainstream economy. Chairperson of the…
COME WHAT MAY
A NEW date for Tyson Fury’s heavyweight showdown against Oleksandr Usyk has been confirmed. Tyson Fury has been forced to postpone his unification fight with Oleksandr Usyk after the British…
Nightclub owner kicked out of premises over US$25 000 rent arrears
Raymond Jaravaza, [email protected] BULAWAYO nightclub proprietor Robert Grey Moyo was on Saturday kicked out of the premises where he operated a bar at the Paddonhurst Shopping Centre over failure to pay…
Boy (9) drowns in dip tank
THE HERALD- A nine-year-old boy from Chenjiri in the Sanyati constituency, died last Friday after drowning in a dip tank. According to the Veterinary Service Department provincial head, Dr Thokozani…