Zim platinum 2018 output dips 2pc

Zimbabwe’s platinum production last year declined 2 percent to 470 000 ounces (oz) from 480 000oz previously, according to latest figures from the World Platinum Investment Council (WPIC).

Cassava Smartech partners MARS for rescue services

Cassava Smartech’s insurance business has launched EcoSure rescue services in partnership with MARS, a local ambulance company.

Govt to scrap fuel rebate . . . Move was temporary to plug arbitrage . . . Excise duty on fuel might fall

Government may scrap the fuel rebate with effect from the 22nd of this month, as this is no longer be relevant following currency reforms announced by the Reserve Bank of Zimbabwe in the monetary policy statement (MPS), a senior Government official has said.

Probe into NSSA ‘shady’ dealings complete

Forensic audit into various transactions and investments by state – owned pension fund – the National Social Security Authority – has been concluded with insiders hinting it exposes “unholy and dirty” deals linking senior executives, politicians and their business partners that connived to plunder workers’ life savings among other shenanigans, Business Weekly has learnt.

Industry rebound looms on new policies

The manufacturing sector that has been in the doldrums for some time due to an influx of cheap imports, is gearing for a rebound on the back of policies such as the charging of duty by the Zimbabwe Revenue Authority (Zimra) at the interbank foreign currency market’s current rate of 2,5.

More transparency needed in fiscal matters: ZEPARU

Zimbabwe still has long way to go in enhancing fiscal performance and transparency in order to speed up economic recovery and transformation, the Zimbabwe Economic Policy Analysis and Research Unit (ZEPARU) has said.

Invictus pleased with progress

Independent oil and gas exploration company, Invictus Energy Limited, says it is pleased with the significant improvement in the quality of the seismic data and subsurface imaging of its Mzarabani oil prospect.

HCCL lost claims may affect Hwange power

Supply of coal to Hwange Power Station (HPS) may be compromised in the near future following revelations that coal miner; Hwange Colliery Company Limited (HCCL) lost a special grant for claims it intended to exploit to guarantee adequate coal supply to State power utility, Zesa Holdings.

Zim-Bots relations excite Choppies . . . Eyes more shops . . . Speaks on Mphoko family ouster

The Gaborone-headquartered Choppies Enterprises Limited, which has already invested upwards of US$60 million in Zimbabwe, plans to increase its footprint in the country’s retail sector with more shops lined up, buoyed by the Botswana government’s commitment to support the local industry through a BWP1 billion credit facility.

Where hippos snort you to sleep

A molten lava coloured dawn was prelude to a breathless morning as Lake Kariba’s silhouette-tinged water mirrored fleeting shapes of boats, riverine vegetation, amultifarious array of architecture; saddle-billed storks and kingfishers which shattered each illusion with acrobatic splashes.

×