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State diamond firm lays off hundreds to avoid collapse
Zimbabwe's state-controlled diamond miner, the Zimbabwe Consolidated Diamond Company (ZCDC), has launched a major retrenchment exercise in a desperate bid to stave off collapse, following a brutal cra...Published: 13 Jul 2025 at 11:08hrs | 169 | by Staff reporter
Zimbabwean who went from earning R1,500 to R5m per month
July Ndlovu went from a rural village in Zimbabwe to becoming the CEO of Thungela Resources, one of South Africa's most successful coal mining companies. He began his career as a graduate...Published: 08 Jul 2025 at 10:14hrs | 1627 | by Staff reporter
Former Wenela miners call for Mnangagwa intervention
Former Zimbabwean miners who worked in South African mines under the Witwatersrand Native Labour Association (Wenela) have appealed to President Emmerson Mnangagwa to intervene in efforts to secure th...Published: 28 Jun 2025 at 15:00hrs | 157 | by Staff reporter
Anglo American Platinum to rebrand as Valterra Platinum
Anglo American Platinum, the mining giant that owns Zimbabwe's Unki Mine, has announced plans to rebrand as Valterra Platinum, signaling the end of an era for the company.The name change is pa...Published: 24 Mar 2025 at 13:39hrs | 1430 | by Staff reporter
Zimbabwe wants 26% free-carry stake in new mining projects
Zimbabwe is planning to hold 26% of new mining projects on a free-carry basis, and will also negotiate with existing operators to acquire a similar stake."We need to move to a level where we r...Published: 11 Dec 2024 at 13:31hrs | 229 | by Staff reporter
ZESA singlehandedly destroying Zimbabwe: The shocking truth behind the power crisis
In Zimbabwe, there is a harsh reality that every citizen faces: power outages, or "load shedding," are an almost daily occurrence. Power cuts, sometimes lasting up to 18 hours, have become the...Published: 12 Nov 2024 at 21:07hrs | 3693 | by Tendai Ruben Mbofana
Zimbabwe's energy crisis deepens?
Zimbabwean businesses are once again counting the costs of electricity outages as low water levels at the Kariba Dam have resulted in reduced power generation while frequent breakdowns at the coal the...Published: 05 Nov 2024 at 08:27hrs | 3825 | by Staff reporter
Reason why Masisi lost Botswana elections
Botswana's new president Duma Boko said on Friday he wanted to conclude talks for a new sales pact with global diamonds mining giant De Beers as soon as possible.“The relationship with De Be...Published: 04 Nov 2024 at 07:06hrs | 4965 | by Staff reporter
Zuma's MK wants release of Verwoerd 'monopolies' report
The Umkhonto Wesizwe (MK) party is asking the National Assembly to share a report on the influence of the Oppenheimer and Rupert families on South Africa's economy, which Prime Minister Hendrik Verwoe...Published: 14 Aug 2024 at 16:57hrs | 817 | by Staff reporter
Zimbabwe central bank accumulates almost a ton of gold reserves
Zimbabwe's central bank accumulated 793 kilograms (25,000 ounces) of gold reserves since introducing a law that compels mining companies to pay part of their royalties using the metal.The rese...Published: 14 Feb 2024 at 04:46hrs | 1 | by Staff reporter
Masisi gets better value for Botswana diamonds from De Beers
Botswana and De Beers Group have agreed a new diamond sales deal in which the African country, the world's No. 1 diamond producer by value, gradually increases the share of rough stones it gets ...Published: 03 Jul 2023 at 13:03hrs | 12 | by Staff reporter
R5 billion for ex-Wenela payouts
AT LEAST 1 000 Zimbabweans who worked in South African gold mines under the Witwatersrand Native Labour Association (Wenela) are set to benefit from the provisional compensation pool of R5 billion tha...Published: 04 Jun 2023 at 08:26hrs | 12 | by Staff reporter
Gono elected new Chamber of Mines president
THE Chamber of Mines of Zimbabwe has elected new executives to lead the organisation until next year.Announcing the new office bearers during the 2023 mining conference this afternoon, Chamber...Published: 31 May 2023 at 21:07hrs | 22 | by Staff reporter
Even colonialism opened up investment - what Zimbabweans want are improved livelihoods!
As Zimbabwe heads towards this year's harmonized elections, the Emmerson Dambudzo Mnangagwa regime is frantically trying to parade its supposed 'successes' over the past five years.Of note, ar...Published: 23 Apr 2023 at 08:05hrs | 3 | by Tendai Ruben Mbofana
Zimbabwean minister sweats over idle platinum miner
INVESTORS in one of Zimbabwe's biggest platinum projects - Todal Mining - were this week said to have dumped the project, turning the heat on Mines minister Winston Chitando to cancel its licence....Published: 14 Apr 2023 at 19:47hrs | 2 | by Staff reporter
Zimbabwe in desperate need of national leaders not Mafia bosses and gang leaders!
It was the most heartbreaking sight - as images of a collapsed primary school in my home city of Kwekwe made the rounds across the country. In fact, the stab to my heart was made more excrucia...Published: 20 Mar 2023 at 09:17hrs | 11 | by Tendai Ruben Mbofana
Zanu-PF 'will win a comfortable majority' claims Fitch Solutions
THE ruling party, Zanu-PF, "will win a comfortable majority" in this year's harmonised elections and "remain the dominant political party force in Zimbabwe over the coming years", according to New Yor...Published: 26 Feb 2023 at 09:09hrs | 3 | by Staff reporter
Mwonzora's political ratings take a plunge, claims Chamisa linked NGO
MDC leader Douglas Mwonzora is the most "hated" politician in the country, a new research by SABI Strategy Group has claimed.SABI is linked to Nelson Chamisa's CCC.The survey, conduct...Published: 09 Feb 2023 at 05:11hrs | 2 | by Staff reporter
Poll survey angers Zanu-PF
A survey on the impending elections conducted by Sabi Strategy Group for Brenthurst Foundation has been described as an attempt by opposition funders in the mould of a South African billionaire with a...Published: 09 Feb 2023 at 05:06hrs | 1 | by Staff reporter
Miner in bid to appease Zanu-PF
CHINESE company Chenjxi (Private) Limited, which was in partnership with a local miner exposed by The NewsHawks last year in April after conducting illegal mining activities on part of the picturesque...Published: 30 Jan 2023 at 07:53hrs | 2 | by Staff reporter
Platinum seen as Zimbabwe's mainstay for foreseeable future
PLATINUM is likely to be Zimbabwe's mainstay in the foreseeable future considering the way platinum firms operating in the country are investing in new mines and smelters to increase production and su...Published: 24 Oct 2022 at 06:11hrs | 2 | by Staff reporter
Zimbabwe miners happy with Govt proposal to pay royalties in gold, diamonds, platinum
Zimbabwe's miners do not expect any significant impact from the government's proposal to collect royalties in the form of refined minerals, the country's Chamber of Mines said on Monday.Presid...Published: 11 Oct 2022 at 06:10hrs | 2 | by Staff reporter
Assessing the US$12 billion mining industry target
The Zimbabwean government launched an ambitious plan to transform the mining sector into a US$12 billion export industry by end of 2023. The plan was launched in October 2019 as a key pillar to sustai...Published: 11 Aug 2022 at 12:01hrs | 6 | by Victor Bhoroma
Zambia acting as a strategic hub for US military operation in the region
Investigations have revealed how President Hakainde Hichilema was forced to agree to set up the controversial AFRICOM office in Lusaka by the Brenthurst Foundation.Highly placed diplomatic sou...Published: 10 May 2022 at 08:45hrs | 5 | by Staff reporter
Zimbabwe's Godfrey Gomwe appointed CEO of SA top mining company
Zimbabwean Godfrey Gomwe has been appointed CEO of South Africa's coal company MC Mining. Gomwe takes over as MC Mining pushes to start its delayed flagship project, the US$35m Makhado coal mine in Li...Published: 29 Apr 2022 at 18:17hrs | 20 | by Mandla Ndlovu
Zimbabwe's platinum output rises 6%
ZIMBABWE'S platinum output increased by 6% to 475 000 ounces (oz) last year as the backlog of semi-finished inventory was processed through South African smelters and refineries, the World Platinum In...Published: 13 Mar 2022 at 08:07hrs | 2 | by Staff reporter
SA companies caught in Russia-Ukraine crossfire
JSE counters with even a remote connection to the Russia-Ukraine conflict have taken a pounding in the past week as gun-shy investors decided they were not worth the risk.Leading the fall was ...Published: 02 Mar 2022 at 05:39hrs | 10 | by Staff reporter
Strive Masiyiwa net worth jumps 125%
The net worth of Zimbabwe's telecoms tycoon Strive Masiyiwa, who has recently been appointed to the Bill and Melinda Gates Foundation board, has surged 125 percent to US$2.7 billion (R41.3 billion), F...Published: 28 Jan 2022 at 05:55hrs | 1 | by Staff reporter
Masiyiwa ranked 10th and US$100m richer
Africa's billionaires are richer than they have been in years, despite the global pandemic. As a group, the continent's 18 billionaires are worth an estimated $84.9 billion - a 15% increase from twelv...Published: 25 Jan 2022 at 17:43hrs | 11 | by Staff reporter
Zimbabwe edges closer to US$12bn target?
Government and private sector players in the mining industry are resolute in their commitments towards achieving the US$12 billion by 2023.Zimbabwe launched the Strategic Road to the Achieveme...Published: 03 Jan 2022 at 05:53hrs | 16 | by Staff reporter
Kasukuwere mourns Munatsi
Exiled Saviour Kasukuwere sent his condolence message to the Munatsi family following the untimely death of Chief Executive Officer of Zimbabwe Investment Development Agency, Douglas Munatsi who died ...Published: 29 Nov 2021 at 12:33hrs | 10 | by Simbarashe Sithole
BREAKING: Zimbabwe Top Banker burnt to death in his house
CEO of the Zimbabwe Investment and Development Agency, Douglas Munatsi, has died. He was burnt by a fire that gutted his flat located at the corner of Fifth Street and Josiah Tongogara Avenue on Monda...Published: 29 Nov 2021 at 08:29hrs | 11 | by Mandla Ndlovu
Rautenbach enjoys Zanu-PF links
MULLER Conrad "Billy" Rautenbach is one of the most controversial business moguls in Zimbabwe, with several legal challenges against him and his company Green Fuel. Rautenbach, who is into vast mining...Published: 09 Oct 2021 at 07:35hrs | 19 | by Staff reporter
Joe Biden's simple message to Africa: Save yourself
I went to university during the days of United States president J F Kennedy, Ghana's Kwame Nkrumah and the American dreamer, the Reverend Martin Luther King.The last 20 years have been dogged ...Published: 26 Sep 2021 at 19:44hrs | 14 | by Ken Mufuka
Ex-Wenela registration begins
The GOVERNMENT will tomorrow begin a mobile testing and registration exercise for thousands of Zimbabweans who worked in South African gold mines under the Witwatersrand Native Labour Association (Wen...Published: 26 Sep 2021 at 19:36hrs | | by Staff reporter
Abuse of authority by parliamentary committees
A number of small scale miners and big mining companies have complained about the total fragrant abuse of power and office by the chairman of the Parliamentary mining committee MR Edmund Mukaratigwa w...Published: 15 Sep 2021 at 08:44hrs | 1 | by Dr Masimba Mavaza
Prospect Resources makes new Zimbabwe find
AUSTRALIA-listed mining concern, Prospect Resources, has identified two significantly sized rare earth elements (REE) anomalies at its Chishanya Carbonatite Project in south-eastern Zimbabwe the Dorow...Published: 08 Aug 2021 at 07:29hrs | 5 | by Staff reporter
Zanu-PF's corrupt election funding exposed
THE ruling Zanu-PF mortgaged the country's natural resources in lieu of US$100 million in financial support ahead of the country's 2013 general elections, a new report by a local watchdog has shown....Published: 31 Jul 2021 at 17:54hrs | 32 | by Staff reporter
US$4,2m boost for Boterekwa Road dualisation
GOVERNMENT says it has allocated US$4,2 million for the dualisation of the Boterekwa stretch along the Gweru-Zvishavane Highway.A newsletter released by Midlands Provincial Affairs minister La...Published: 21 Jul 2021 at 08:00hrs | 1 | by Staff reporter
Who owns South Africa?
FORMER South African President Jacob Zuma did not bring the Guptas to South Africa. His folly was allowing the Guptas to be bigger than the Oppenheimers.Atul settled in Johannesburg and sold s...Published: 16 Jul 2021 at 09:12hrs | 3 | by New York Times
Ex-Wenela workers warned against fake agents
Bogus and criminal elements posing as Government officials are understood to be accosting ex-Wenela mine workers and demanding payment to facilitate registration for gratuities due to them.Ex-...Published: 30 Jun 2021 at 06:23hrs | 1 | by Staff Reporter
Chamber of Mines elects new leadership
THE Chamber of Mines of Zimbabwe has elected new leadership to lead the organisation until next year amid calls for all mining stakeholders to embrace inclusiveness for the industry to realise the US$...Published: 08 Jun 2021 at 06:38hrs | 4 | by Staff reporter
Zimbabwe govt threatens to seize platinum concession
ZIMBABWE'S Mines Minister has informed Todal Mining, a venture controlled by Eurasian Resources Group, that its platinum mining concessions could be seized because no progress has been made in develop...Published: 31 May 2021 at 18:57hrs | | by Staff reporter
Rare earth minerals find 'encouraging'
LITHIUM miner Prospect Resources says preliminary results undertaken from a soil sampling process focusing on rare earth elements (REEs) recently at Chishanya in the southeast of Zimbabwe, are encoura...Published: 14 May 2021 at 07:29hrs | 12 | by Staff Reporter
Platinum prices defy global crisis
ZIMBABWE'S platinum output increased by 5% to 476 000 ounces (oz) last year, the World Platinum Investment council (WPIc) said on Thursday, commending government for including the firms among essentia...Published: 12 Mar 2021 at 06:48hrs | | by Staff reporter
Amplats warns Zimbabwe
ZIMBABWE'S decision to compel exporters to surrender more of their foreign currency earnings may leave miners unable to fund operations, Anglo American Platinum (Amplats), one of the country's biggest...Published: 24 Feb 2021 at 21:45hrs | 7 | by Staff reporter
Zimbabwe's cartels that are not the real cartels
I just read the report by Daily Maverick, that is purporting to expose cartels in Zimbabwe. The problem with the report is it does not include the obvious and leading cartels in Zimbabwe, such as Old ...Published: 11 Feb 2021 at 09:38hrs | 5 | by Simbarashe Mwandipendaa
Russian plan to dig biggest Zimbabwe platinum mine advances
A project that aims to develop Zimbabwe's biggest platinum mine has cleared a significant hurdle, with the African Export-Import Bank completing a due diligence study allowing it to proceed with a $50...Published: 26 Sep 2020 at 19:04hrs | | by Staff reporter
Coronavirus blocks ex-Wenela US$300m gratuities
Thousands of Zimbabweans who worked in South African gold mines during the 1960s may have to wait longer to receive their compensation for respiratory diseases contracted while working in the mines af...Published: 30 Aug 2020 at 08:29hrs | 3 | by Staff reporter
'Give Mnangagwa credit'
Vice President Kembo Mohadi has expressed concern over how Zimbabweans were failing to appreciate the ‘sterling' efforts of President Emmerson Mnangagwa in resuscitating "the nearly dead health deli...Published: 28 Aug 2020 at 07:17hrs | 2 | by Staff reporter
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