Prospect acquires 70pc of the Good Days lithium project

HARARE – Zimbabwe-focused mining group, Prospect Resources has extended its lithium resource base in Zimbabwe by acquiring Barrington Resources’ Good Days lithium project.

Zim aiming to ramp up lithium output

HARARE – Zimbabwe is targeting to  produce at least 10 percent of global lithium output within the next  four years, following the discovery of new deposits of the mineral in …

Zim dam levels on the rise

Mellisa Mutasa HARARE – The national average dam levels have continued to increase following the increased rainfall in many parts of Zimbabwe.

Belarus to supply Zim $43 million agric equipment

HARARE – The Belarus and Zimbabwean  governments will sign a Memorandum of Agreement for the supply of $43  million worth of agriculture equipment, a visiting envoy said on  Thursday.

Gumbo appoints CMED board

HARARE – Transport and Infrastructural  Development Minister Jorum Gumbo this week announced a new seven member  board for the Central Mechanical and Equipment Department (CMED) in  which renowned academic, Professor…

Bonds weaken after dollar rebounds

Local government bonds were softer on Wednesday morning, tracking overnight weakness in the rand that was due to bullish commentary from US Federal Reserve chairman Jerome Powell.

Presidential amnesty on externalisation expires today

HARARE – The three-month moratorium  extended to individuals and corporates to return money that they  illegally siphoned out of the country ends this Wednesday with the  public eagerly awaiting confirmation…

TelOne to charge 3pc interest on overdue bills

HARARE – State owned fixed telecommunications services provider TelOne has said it has  started charging an interest of 3 percent on all overdue accounts as it  seeks to recover a…

RBZ to ensure accessibility of $300m facilities

BH24 Reporter HARARE – The Reserve Bank of Zimbabwe (RBZ) – which has set aside $300 million worth of facilities to ramp up exports – says it is keen to…

Why the e-cigarette industry needs global regulations

By Tanusree Jain The e-cigarette industry has been increasingly viewed as one of the most disruptive changes in the tobacco market, with vapes now commonly perceived as an alternative to…

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