Blanket Mine in record gold production

Mining giant, Caledonia Mining Corporation Plc’s local unit – Blanket Mine – achieved a record gold production of 16 710 ounces during the second quarter to June 30, 2021 that was 23 percent above the same quarter in 2020.

ZSE to operate a central securities depository

The Zimbabwe Stock Exchange Limited (ZSE) has been granted a licence to operate a Central Securities Depository (CSD) by capital markets regulator, which will enhance efficiencies at the local bourse.

Green Climate Fund accredits IDBZ

Green Climate Fund has accredited the Infrastructure Bank of Zimbabwe (IDBZ) as it seeks to ramp up financing of climate friendly projects in developing countries.

NBS establishes loan facility for pensioners

National Building Society (NBS) – a subsidiary of National Social Security Authority (NSSA) – has created a tailor-made loan facility for pensioners.

Covid-19 a threat to industry, CZI

GROWTH in industrial output in the second quarter of this year will depend largely on power supply, access to forex and impact of Covid-19 and inflation, the Confederation of Zimbabwe Industries (CZI) has said.

Private sector targets one million Covid-19 doses

THE private sector is targeting to import an estimated one million Covid-19 vaccines to complement Government efforts in containing the spread of the deadly pandemic in the country.

AMA agro-bill ready for subscription

The first batch of the Agricultural Marketing Authority of Zimbabwe (AMA)’s $20 billion agro-bill is ready for subscription after receiving all the requisite regulatory approvals, the authority has said.

CFI revenue jumps 80 pc

Agro industrial concern, CFI Holdings Limited’s revenue for the half year to March 31, 2021 jumped 79,8 percent to $3,56 billion from $1,98 billion recorded during the same period last year on increased demand for farming inputs during the period. 

Arcadia delivers lithium sample to offtaker

Australia Stock Exchange (ASX) listed junior miner, Prospect Resources, has delivered the first lithium sample of its Arcadia Mine to offtake partner, Sinomine of China as the firm gears to venture full throttle into production. 

Government to register all gold producers

Government is in the process of putting in place a Statutory Instrument for the registration of all the small scale gold producers in the country, Reserve Bank of Zimbabwe Governor Dr John Mangudya told a Parliamentary Committee on Monday.

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