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- businessweekly
- April 6, 2018
- 616 views
Global investors eye RioZim thermal power project
Enacy Mapakame Five major global investors are vying to partner listed resources group RioZim Limited for its apparently lucrative multi-billion Sengwa thermal power project, management has said.
- businessweekly
- April 6, 2018
- 414 views
Insurers, pensions funds may dispute compensation
Business Writer Insurance and pension funds may challenge the findings of a report produced following an investigation into the conversion of insurance and pension values when the country switched to…
- businessweekly
- April 6, 2018
- 583 views
US company plans $25m investment
Tinashe Makichi United States-based commodities firm MGG Holdings is planning to invest at least $25 million in Zimbabwe’s mining sector, with a special focus on minerals such as chrome, cobalt,…
- businessweekly
- April 6, 2018
- 436 views
State-owned enterprises keep turnaround deadline
Business Writer State Owned Enterprises and Parastatals have complied with Government’s March 31, 2018 deadline to submit their re-organisation and turnaround plans.
- businessweekly
- April 6, 2018
- 986 views
GPR, Chinese partner revive $1,7bn platinum plan
Livingstone Marufu Global Platinum Resources and its Chinese partner, Wanbao Rexco, this week announced plans to revive operations at its 520 million ounces platinum reserves along the Great Dyke belt.
- businessweekly
- April 6, 2018
- 762 views
Foreign investors struggle to take out profits and dividends
Business Writer The foreign currency backlog for transactions conducted on the Zimbabwe Stock Exchange (ZSE) stood at $164 million, as of February 20, 2018, as the shortage of hard currency…
- businessweekly
- April 6, 2018
- 814 views
Indian health firm to take over CAPS
Africa Moyo A top Indian health firm, Ajanta Pharma, has signed a letter of intent with Government to take over CAPS Pharmaceuticals and revive its operations.
- businessweekly
- April 6, 2018
- 437 views
US ivory ban lift to boost revenues
Africa Moyo The lifting of a four-year ban on the importation of ivory into the United States of America is expected to spur trophy hunting in the country, players in…
- businessweekly
- April 6, 2018
- 400 views
Tobacco farmers accused of child labour, human rights abuses
Taurai Mangudhla Zimbabwe’s tobacco industry faces a new threat as global human rights watchdogs rouse the world against apparent violations by growers of the golden leaf in the country in…
- businessweekly
- April 6, 2018
- 365 views
Five innovators changing lithium game
Ontario. — In the twentieth century, the world ran on oil. Now, the future rests on a new mineral: Lithium.