Tharisa begins US$391m Zim platinum mine build

South Africa’s Tharisa Plc plans to spend US$391 million on developing a 194 000 ounce per year platinum group metal (PGM) mine in Zimbabwe, chief executive Phoevos Pouroulis said on…

Zim ranked high in fiscal transparency

Enacy Mapakame The civil society says there has been marked improvement in fiscal transparency by the Government in the past few years, which civil society has described as a step…

Resolving marketing vs finance conflict

Leslie Mupeti Wiping beads of perspiration off his youthful face, John quietly placed his now worthless papers back into his file. Steve, the cold faced finance director who was approaching…

Mbappé unhappy at Paris Saint-Germain

Kylian Mbappé is unhappy at Paris Saint-Germain and wants to leave in January, although the club have no intention of selling the forward after he signed a new three-year contract…

‘RioZim not in distress despite mine closure’

Business Writer  Diversified miner, RioZim, has dismissed the proposition by a workers’ union to place the company under corporate rescue, a form of local bankruptcy protection, saying the company is…

Tough challenge for Tesla as global economy cools?

San Francisco. — As recently as July, Tesla chief executive Elon Musk said the electric-carmaker did not have a problem with customer demand, simply a problem making and shipping all…

Telecoms sector operating costs grow faster than revenue

Nelson Gahadza Zimbabwe’s telecommunications sector’s operating costs are growing faster than revenues, with the trend in rising costs attributable to inflationary pressures in the economy that has not spared the…

Jaguar F-Type in final year of production

Pretoria. — With Jaguar planning to reinvent itself as a purely electric brand from 2025, we’ll soon be saying goodbye to the British brand’s internal combustion models, and the first…

‘Miracle’ toddler survives Thailand nursery massacre while fast asleep

A three-year-old child, who managed to survive last week’s massacre at a nursery in north-east Thailand, slumbered through the horror under a blanket in the corner of a classroom. Paveenut…

Tetrad Bank faces shareholders revolt

Business Writer In an unpresented development, Tetrad Investment Bank (TIB), which lost its banking licence eight years ago due to viability problems before restructuring its ownership through a debt-to-equity arrangement…

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