Latest US stance against China angers Russia

HARARE – The United States does not have  authority to criticize the relationship that China has with African  countries and statements attributed to top Washington diplomat, Rex  Tillerson, advising against…

DRC moves to allay fears over mining laws

AngloGold Ashanti and partner Randgold Resources say talks between the mining industry and Congolese President Joseph Kabila have reached agreement to address companies’ concerns about new mining laws.

Asia shares firm as Trump agrees to meet North Korean leader

SYDNEY – Asian shares pared sharp early gains on Friday ahead of U.S. payrolls data which could hasten Federal Reserve rate hikes, and as some caution set in about the new entente…

Insights into commercial contracting from South Africa’s informal sector

By Andrew Hutchison & Nkanyiso Sibanda What happens when African societal norms meet modern commercial practice? From boardrooms in Sandton to the cultural mash-up and the “popular economy” of a…

Vast adds CEO, COO to board

BH24 Reporter HARARE – Mineral exploitation company Vast Resources, which runs its flagship Pickstone Peerless Gold Mine in Zimbabwe, has appointed Andrew Prelea and Craig Harvey to its board.

Blackouts cost productive sectors $2,89/kwh

Tawanda Musarurwa Productive sectors of the economy are losing on average $2, 89/kwh due to inefficient energy supply by the Zimbabwe Electricity Transmission and Distribution Company.

New diamond curse?

Taurai Mangudhla Zimbabwe could still be losing millions of dollars worth of potential revenue from diamonds, through leaks orchestrated by a closely knit syndicate according to a recent intelligence report.…

Russia will set up Zimbabwe SEZ

Russia intends to set up a Special Economic Zone in Zimbabwe for companies from that country to operate from, as part of a broader thrust to pursue mutually beneficial economic…

After 100 days, what metric will matter for investment, jobs?

Chris Chenga President Mnangagwa’s first one hundred days were not going to result in actual investment and jobs. That was an unrealistic metric; inconceivable for any observer cognisant of Zimbabwe’s…

Iconic Victoria Falls bridge may fail soon

Martin Kadzere The Victoria Falls Bridge — connecting Zimbabwe and Zambia — has outlived its lifespan and needs to be urgently reconstructed to avert potential structural failures. Built about 112…

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