Is printing more bond note the solution to currency crisis?

Taurai Togarepi The country has been suffocating from cash challenges for the past few months resulting in many theories being put forward in trying to address this anomaly. There have…

Enhanced stability, growth: Is RBZ correct?

Clive Mphambela The Reserve Bank of Zimbabwe finally issued the much awaited 2018 Monetary Policy Statement on Wednesday under the theme “enhancing financial stability to promote business confidence”. The market…

Metallon halts Mazowe mine operations

Firm drained of working capital through externalisation New sands retreatment plant in false start Tinashe Makichi Gold mining group, Metallon Gold Corporation, has suspended mining operations at its Mazowe Gold…

Firming demand spurs NamPak Zim

Enacy Mapakame Paper and packaging group Nampak Zimbabwe Limited’s turnover for the quarter to December 31, 2017 was 16 percent above comparable period prior year on firming demand especially for…

Government yet to finalise Telecel deal

Government has not yet received its 60 percent shareholding in Telecel International which it acquired from Dutch company Vimpelcom, as it has not made full payment, a Cabinet minister has…

BNC seeks $6m for Trojan smelter

Taurai Mangudhla Bindura Nickel Corporation says it will soon approach local banks to negotiate for $6 million funding facilities it requires to complete the reconstruction of its Trojan Nickel Smelter.

Government concluding Bippas’ land compensation cases

Livingstone Marufu Government is finalising compensation to white former commercial farmers whose land it acquired for resettlement, but was protected under Bilateral Investment Promotion and Protection Agreements (Bippas).

New mines law ready by end of March

Government says it will finalise the Mines and Minerals Amendment Bill into an Act by the end of March this year, with former Mines and Mining Development Minister, Walter Chidhakwa,…

ZPC chairman Kazhanje on ZACC’s watch list

fails to declare interests on Intratek case Hebert Zharare The Zimbabwe Anti – Corruption Commission (ZACC) is keen on questioning Zimbabwe Power Company (ZPC) chairman Stanly Kazhanje, on allegations he…

Zimbabwe thinks big on lithium

Government has started working on plans to build lithium testing laboratories in Kwekwe, as the demand for the rare earth mineral skyrockets on global markets, making it a potential game…

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