Zimplats’ Mopani Mine development ahead of schedule

The development of Zimplat’s Mupani Mine to replace Ngwarati and Rukodzi mines is running well, targeting ore contact three months ahead of schedule by August 2019, and full production in August 2025, parent company Impala Platinum Holdings (Implats) has said.

Did you know?

Meikles Hotel, owned by Zimbabwe Stock Exchange-listed entity Meikles Limited, was founded by Thomas Meikles in 1913 and was officially opened on November 15, 1915.

Getbucks posts improved results

GetBucks Microfinance Bank Limited’s loan book for the six months ended December 31, 2018 grew by 52 percent to $32,3 million up from $21,6 million, financial statements released by the Zimbabwe Stock Exchange listed company have shown.

Industry seeks US$600m bailout

The Ministry of Industry and Commerce is negotiating a US$600 million facility with Botswana, aimed at capacitating the local manufacturing sector, whose capacity utilisation remains below 50 percent owing to a range of factors including the US-imposed economic embargoes and antiquated production equipment.

‘Too early to assess maize output’

The Agricultural Technical and Extension Services (Agritex) has said it is too early to come up with forecasts of this year’s maize yield figures as technically the method of yield assessment requires crops to reach a certain stage.

What else was in Mangudya’s MPS?

Following the release of the 2019 Monetary Policy Statement (MPS) by Reserve Bank of Zimbabwe governor Dr John Mangudya, much of the focus, thus far, has been placed on currency reforms that saw the liberalisation of foreign exchange trading.

Mine ownership dispute erupts

Three mining firms – A & L Mining Syndicate, Ticharwa Murehwa and Mujere Mining Syndicate – are at each other’s throat over gold infested mining claims in Odzi, Manicaland, a development that disrupts production.

Oprah Winfrey could find herself about $50m lighter

Oprah Winfrey could find herself about $50 million lighter by the end of the day.

DNA tests that could prevent premature birth. . . as future toilets will save millions of lives

Scientists have discovered a potential link between pre-term labour and six genes, and how a simple at home DNA test could help prevent premature labour and save millions of lives globally each year.

Using tech to fight food shortage

Agriculture is an integral part of any economy and countries who fully realise this fact are put in a strong position when it comes to global economic affairs. Agriculture is the mainstay of some of the most successful economies of today’s world.

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