Zimbabwe to have statutory standards body

The Zimbabwe Government on Tuesday approved the principles of the Bill which seeks to establish a statutory body to regulate quality and standards in the country. The Standards Bill seeks…

China’s support important for economic globalization – British experts

LONDON, March 17 (Xinhua) – Despite the rising tide of de-globalisation and protectionism, China has played an important role in advocating economic globalisation and its efforts in promoting high-standard opening-up…

Low PGM prices take toll on Zimplats, forced to retrench. . . Price slump may go beyond 2027

Zimplats, a subsidiary of Impala Platinum of South Africa, has taken a major knock from low metal prices on the global market, forcing the giant PGM producer to widen a…

Caledonia makes new board appointment

Business Writer Victoria Falls Stock Exchange (VFEX) listed resources group, Caledonia Mining Corporation Plc, has appointed Tariro Gadzikwa as an independent non-executive director with effect from March 15, 2024. Gadzikwa…

Thirsty in Kariba as water for power generation drops

Business Writer The stored usable water at Lake Kariba continues to decline due to El Niño conditions, raising concerns about reduced hydropower generation for Zimbabwe and Zambia, according to the…

Western oil giants look at new strategy amid global energy transition

by Nie Shangyou HOUSTON, March 19 (Xinhua) — At the top-level global energy forum CERAWeek that kicked off here on Monday, oil giants across the Atlantic are fine-tuning their investment…

CAPS takeover dispute remains after court decision

Business Writer Government has initiated consultations to address the dispute over the ownership of CAPS Holdings, the country’s leading drug manufacturer, according to sources familiar with the matter. This follows…

Zim can increase ICT manufacturing capacity

Business Writer Zimbabwe has potential to establish and successfully run ICT hardware manufacturing plants to curb tech-related import bill, local telecommunications companies have said. The country continues to be a net…

ZAS’s US$20 million mall taking shape

Oliver Kazunga The Zimbabwe Agricultural Society (ZAS) says construction of its US$20 million shopping mall will be fully operational by October this year while a food outlet at the complex…

SAA: Government missed the deal of a lifetime

moneyweb.co.za By Ryk van Niekerk  The airline was worthless in June 2021, but even at the revised valuation of R6bn, the deal was a steal since Takatso committed to invest…