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Zimbabwe deploys gold mobilisation taskforce
Authorities have deployed a national gold mobilisation taskforce to Zimbabwe's eight mining provinces in a strategic move to increase gold deliveries to Fidelity Printers and Refineries (FPR). This in...Published: 17 Sep 2024 at 06:35hrs | 450 | by Staff reporter
Zimbabwe gold deliveries to Fidelity continue to decline
According to the latest official data, there has been a significant decrease in GOLD deliveries to Fidelity Printers and Refineries (FPR).Statistics from FPR indicate a 22% drop in gold delive...Published: 10 Mar 2024 at 06:28hrs | | by Staff reporter
Munetsi picked for top French award
WARRIORS midfielder Marshal Munetsi has been shortlisted for the prestigious Marc-Vivien Foé Prize award by C (RFI).Eleven players, including Munetsi have been shortlisted for the award which...Published: 19 Apr 2023 at 06:47hrs | 7 | by Staff reporter
What does Zim govt now want to 'investigate' when they've already dismissed Al Jazeera exposé as lies?
If the Zimbabwe regime were a soccer player, he would be the highest goal scorer!Although, not known for his prolific scoring against opponents - but, into his own net (own goals)!That...Published: 05 Apr 2023 at 12:34hrs | | by Tendai Ruben Mbofana
Graft exposé has messed Zanu-PF anti-sanctions campaign?
Opposition People's Unity Party (PUP) leader Herbert Chamuka says damning corruption allegations exposed of individuals closely linked to the ruling elite by news network Al Jazeera has taken away the...Published: 29 Mar 2023 at 16:55hrs | | by Staff reporter
Munetsi calls out SRC, Zifa, again
FRANCE-BASED Warriors midfielder Marshall Munetsi has rued the missed opportunity to play 2022 World Cup semi-finalists Morocco in the ongoing Africa Cup of Nations (Afcon) qualifiers, owing to the Zi...Published: 29 Mar 2023 at 06:56hrs | 2 | by Staff reporter
Analysts' 'grill' Gold Mafia documentary producer
ANALYSTS' on Sunday took AL Jazeera's Gold Mafia documentary producer over hot coals for misinterpreting the country's mining value chain among other inconsistencies with the Qatar based news network ...Published: 28 Mar 2023 at 06:58hrs | | by Staff reporter
Mnangagwa likely to feature in Al Jazeera exposé episode two
AL JAZEERA finally dropped its explosive documentary exposing how hundreds of millions worth of gold was being smuggled out to Dubai by a well knit circle of high ranking officials who include Ambassa...Published: 23 Mar 2023 at 19:50hrs | | by AFP
Africa and Technology in Sports
Technology is now being incorporated into sporting events evidenced by the introduction of technological innovations like Video Assistant Referees in soccer.Although some of these innovations ...Published: 16 Jan 2023 at 16:26hrs | 1 | by Mzingaye Nxumalo
Munetsi vows to take Zim crisis to global stage
WARRIORS midfielder Marshal Munetsi has vowed to take the country's current football crisis, caused by government interference, to the world stage following his appointment into the FIFPRO's Global Pl...Published: 14 Jan 2023 at 16:32hrs | | by Staff reporter
RBZ in dramatic U-turn on Fidelity privatisation
IN a dramatic policy U-turn, the Reserve Bank of Zimbabwe (RBZ) has indefinitely suspended its plans to partially privatise Fidelity Printers and Refiners (FPR) nearly two years after announcing inten...Published: 04 Nov 2022 at 05:32hrs | | by Staff reporter
Engineer Alvord Mabena retires as Nust council chairman
ENGINEER Alvord Mabena has retired as the National University of Science and Technology (Nust) council chairman after serving the institution for 15 years, with his deputy, Professor Lindiwe Majele Si...Published: 18 Oct 2022 at 05:58hrs | | by Staff reporter
Priscins Petals shine at Hidden Culture
...Published: 13 Oct 2022 at 10:53hrs | 2 | by Mandla Ndlovu
Henrietta Rushwaya implicated in Mazowe gold fields plunder.
CONNECTED syndicates linked to Zimbabwe Miners' Federation president Henrietta Rushwaya (pictured) are plundering rich gold fields in Mazowe, a fresh report has revealed. Mazowe is locate...Published: 17 Jul 2022 at 09:36hrs | | by Staff reporter
Mnangagwa's ally, Zanu-PF implicated in gold leakages
A FRESH report has put President Emmerson Mnangagwa's ally Pedzisayi "Scott" Sakupwanya at the centre of gold leakages and violence at Redwing Mine in Penhalonga and surrounding areas in Manicaland pr...Published: 12 Jul 2022 at 18:16hrs | 5 | by Staff reporter
Mnangagwa linked gold dealers mint money through govt incentives
GOVERNMENT'S Gold Incentives Scheme (GIS) has come under scrutiny amid indications it is largely benefitting politically connected persons, mainly President Emmerson Mnangagwa's close ally Pedzisayi "...Published: 18 Jun 2022 at 16:18hrs | 8 | by Staff reporter
'Smuggler' Rushwaya wants gold possession de-criminalised
CONTROVERSIAL Zimbabwe Miners Federation (ZMF) president Henrietta Rushwaya has made a shocking plea to the Zanu-PF government to repeal a piece of legislation which criminalises the possession of gol...Published: 11 Jun 2022 at 20:42hrs | 5 | by Staff reporter
Zimbabwe gold output jumps 86,3%
ZIMBABWE'S total gold output for the first five months of the year spiked by 86,3 percent to 13,171,58kg compared to 7,068,85kg in the corresponding period in 2021, official data show.Accordin...Published: 08 Jun 2022 at 08:57hrs | 15 | by Staff reporter
Zimbabwe targets 40 tonnes of gold
Gold deliveries to Fidelity Printers and Refiners (FPR), the country's sole authorised buyer of the mineral, jumped 137 percent in the first two months of 2022 to 5,1 tonnes from 2,17 tonnes in the sa...Published: 03 Apr 2022 at 08:19hrs | 1 | by Staff reporter
RBZ shelves plans to sell gold buying unit
The Reserve Bank of Zimbabwe (RBZ) has indefinitely suspended plans to dispose of its controlling stake in the country's sole gold buyer, Fidelity Printers and Refinery, to new shareholders, a senior ...Published: 21 Mar 2022 at 06:21hrs | 3 | by Staff reporter
Mining sector key to Zim economy: Zimcodd
The mining sector is a key sector for Zimbabwe as it contributes about 60% to annual export receipts and at least 14% to Gross Domestic Product (GDP).This was revealed by the Zimbabwe Coalitio...Published: 16 Mar 2022 at 11:30hrs | 4 | by Stephen Jakes
From Zimbabwean soccer star to taxi driver
THE death of South Africa-based former Zimbabwe national team footballer Charles Yohane has again highlighted the challenges that African players can face at the end of their careers.Yohane di...Published: 22 Feb 2022 at 05:34hrs | 1 | by Steve Vickers
Bushiri's Pastor shot dead in South Africa
The Shepherd Bushiri led Enlightened Christian Gathering family has been thrown into mourning after one of South Africa leaders was shot dead at a prayer mountain. According to Bus...Published: 15 Jan 2022 at 13:52hrs | | by Mandla Ndlovu
Passion Java to meet Cyril Ramaphosa
Controversial clergyman Passion Java has announced that he will be meeting South African President Cyril Ramaphosa to discuss how he can support the youths of South Africa with entrepreneurship opport...Published: 12 Jan 2022 at 11:19hrs | | by Mandla Ndlovu
Fidelity to roll out mobile gold buying units
GOLD buying subsidiary of the Reserve Bank of Zimbabwe (RBZ), Fidelity Printers and Refiners (FPR) is set to roll out mobile gold buying units next year, as part of efforts to curb leakages and smuggl...Published: 14 Nov 2021 at 05:39hrs | 3 | by Staff reporter
WATCH: Army, Police, CIO sing Mnangagwa birthday praises
Members of the Zimbabwe security forces surprised President Emmerson Mnangagwa and broke into a birthday song on Wednesday morning. President Mnan...Published: 15 Sep 2021 at 09:20hrs | | by Mandla Ndlovu
Group demands ZSE listings for Fidelity suitors
INVESTORS interested in taking up equity in the central bankrun Fidelity Printers and Refiners (FPR) should agree to list on at least one of the country's stock exchanges in order to enhance transpare...Published: 29 Aug 2021 at 07:15hrs | | by Staff reporter
Gold incentives lift output
INCENTIVE schemes announced early this year to boost gold deliveries to the State-run Fidelity Printers and Refiners (FPR) have bolstered shipments into the formal market, Reserve Bank of Zimbabwe (RB...Published: 25 Aug 2021 at 06:43hrs | | by Staff reporter
Tagwirei linked companies cited in US$49m privatisation deal
AS Treasury maintains a tight lid over the identity of gold producers who snapped 60% shareholding in Fidelity Printers and Refiners (FPR), emerging details show that Kuvimba Mining House, Better Bran...Published: 20 Aug 2021 at 07:22hrs | | by Staff reporter
Gold deliveries slump
Fidelity Printers and Refiners (FPR) is worried about the decline in gold deliveries over the years owing to a number of factors and the firm is working on a cocktail of measures to address the challe...Published: 19 Aug 2021 at 16:35hrs | | by Staff reporter
Penchant for luxury in midst of abject poverty
Back in 2000 the BMW people in Harare, along Samora Machel Avenue invited a selection of business executives and motoring journalists to test-drive the first-generation BMW X5 luxury Sport Utility Veh...Published: 15 Aug 2021 at 08:58hrs | 7 | by Geoffrey Nyarota
Ramaphosa's piecemeal approach to Cabinet reshuffling lands former unionist as new Finance Minister
Unionists across the African continent and in particular the Acting President of NMWUZ - Mine Workers' Union of Zimbabwe Mr Kurebwa Javangwe Nomboka have hailed President Cyril Ramaphosa's recent Cabi...Published: 11 Aug 2021 at 19:33hrs | | by Maxwell Teedzai
Chamisa's MDC claims Fidelity 'parcelled out' to Tagwirei
The MDC Alliance is mulling a legal challenge to the disposal of the government's majority stake in Fidelity Printers and Refiners (FPR), which the party says has been "parcelled out" to controversial...Published: 03 Aug 2021 at 18:45hrs | 2 | by Staff reporter
Crime spree ends for robber couple
After more than an hour of fending off police gunfire and unsuccessfully trying to commit suicide four times, suspected armed robber Godfrey Josi (41) and his wife Juliet Gavaza (36) succumbed to the ...Published: 11 Jul 2021 at 08:23hrs | 1 | by Staff Reporter
RBZ probes Pakistani tycoon's gold licence
RESERVE Bank Governor John Mangudya Monday said the central bank would investigate circumstance under which controversial Pakistani tycoon, Ali Mohamad managed to renew his gold-buying licence at a ti...Published: 07 Jul 2021 at 10:55hrs | | by Staff reporter
Security forces deep in gold smuggling: Report
MEMBERS of the security forces and Reserve Bank of Zimbabwe (RBZ) officials tasked to maintain order and security in the mining sector have been accused of the smuggling of the precious mineral outsid...Published: 11 Jun 2021 at 06:38hrs | 7 | by Staff reporter
Chinese now influential players in illicit gold trade study
CHINESE nationals are now "prominent and influential actors" in Zimbabwe's lucrative gold sector and have formed questionable partnerships with the elite in Zanu-PF and senior law enforcement agents....Published: 08 Jun 2021 at 06:26hrs | 1 | by Staff reporter
Zimbabwe gold receipts plunge 35%
Zimbabwe's gold export receipts have plunged 35% to US$78.4m in May from US$120m achieved in the prior comparative period as the yellow metal deliveries to the country's sole buyer and marketer, Fidel...Published: 03 Jun 2021 at 08:34hrs | 6 | by Staff reporter
Gold smuggling syndicates exposed
A new report has illustrated the depth of the gold smuggling scourge in Zimbabwe, estimating that over 70% of the country's output has found its way into backstage international markets.Titled...Published: 30 May 2021 at 08:45hrs | | by Staff reporter
'Zimbabwe's gold policy fueling criminality'
GOVERNMENT'S policy of buying gold on a no-questions-asked basis is creating chaos and fueling criminality in the mining sector, the Zimbabwe Coalition on Debt and Development (Zimcodd) has said....Published: 21 May 2021 at 06:05hrs | 7 | by Staff reporter
Contracts row delays Chibuku Cup fixtures
The announcement of Chibuku Super Cup fixtures to kick-start the much-awaited 2021 football season has been delayed by the ongoing disputes over player contracts, which has seen a number of clubs fail...Published: 16 May 2021 at 09:53hrs | 7 | by Staff reporter
Mthuli Ncube goes on investment roadshow
FINANCE and Economic Development Minister Professor Mthuli Ncube is preparing to take his global investment roadshow to Western capitals in a drive geared to publicise investment opportunities in the ...Published: 16 May 2021 at 09:44hrs | | by Staff reporter
Mthuli Ncube pushes walls to save Victoria Falls Stock Exchange
FINANCE minister Mthuli Ncube this week pumped up fresh incentives to attract companies to list on the United States dollar-denominated Victoria Falls Stock Exchange (VFEX), which has entered it...Published: 14 May 2021 at 08:41hrs | 1 | by Staff Reporter
Govt cuts royalties for gold miners
THE government has reduced royalties payable by artisanal and small-scale gold miners from two percentage points to one percentage point for 500 grammes of the precious yellow metal per month....Published: 05 Apr 2021 at 16:58hrs | 1 | by Staff reporter
Zimbabwe's gold loses glitter
Zimbabwe's gold export receipts plummeted 46% to record US$53.1m in January 2021 from US$98.1m during the same month last year due to delays in payments and heavy rains, the Reserve Bank (RBZ) has sai...Published: 05 Mar 2021 at 17:44hrs | 1 | by Staff reporter
Gold deliveries plunge 61%
Gold deliveries plunged by more than half to 0.99 tonnes in January from 2.54 tonnes recorded in the same month last year weighed down by heavy rains which slowed mining activity, Fidelity Printers an...Published: 12 Feb 2021 at 05:54hrs | 1 | by Staff reporter
Landela buying spree raises stink
PRESIDENT Emmerson Mnangagwa marked his triumphal entry into the citadel of power in 2017 by declaring that he would open the country up for business, thus promising a departure from the ruinous polic...Published: 15 Jan 2021 at 07:37hrs | 1 | by Cliff Chiduku
Gold deliveries slump to lowest since 2014
Gold deliveries slumped to their lowest since 2014 falling 31% in 2020 as the sub sector marked a tumultuous year where the country failed to take advantage of a record rally on the price of the yello...Published: 11 Jan 2021 at 16:07hrs | | by Staff reporter
Zimbabwe mineral exports exceed target
ATTRACTIVE international prices for major minerals except gold, coupled with stability in the mining sector despite the COVID-19-related lockdowns has seen Zimbabwe's mineral exports exceed the projec...Published: 04 Jan 2021 at 22:25hrs | | by Staff reporter
RBZ ends Fidelity Printers monopoly
THE Reserve Bank of Zimbabwe (RBZ) has privatised its gold refining business, ending a monopoly that has been enjoyed by Fidelity Printers and Refiners. Fidelity controls Zimbabwe's gold ...Published: 17 Dec 2020 at 07:06hrs | | by Staff reporter
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