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Zimbabwean professor kidnapped in SA
A Zimbabwean professor based in South Africa found himself embroiled in a harrowing ordeal when he was allegedly abducted by a group of eight men seeking to steal his cryptocurrency holdings valued at...Published: 22 May 2024 at 10:13hrs | 58 | by Staff reporter
Zimbabwe sees surge in mining investments
Zimbabwe's mining sector has witnessed a surge in investment over the past two years, with several companies investing heavily in exploration, expansion, and plant construction.A recent survey...Published: 09 Nov 2023 at 05:53hrs | 23 | by Staff reporter
Mudha and nexus of Kwekwe gold terror
AT the time former president Robert Mugabe was deposed in a military coup in November 2017, police were investigating senior Zanu-PF officials linked to then Vice-President Emmerson Mnangagwa over all...Published: 15 Jan 2022 at 15:00hrs | | by Staff reporter
Battle to rescue three trapped illegal miners
The Shurugwi District Civil Protection Unit (CPU) has since Monday been battling to rescue three illegal gold miners who are trapped after a mine tunnel they were working in collapsed. The thr...Published: 01 Jul 2021 at 09:17hrs | | by Staff Reporter
ZSE eyes more listings on VFEX
THE Zimbabwe Stock Exchange (ZSE) says its newly-launched Victoria Falls Stock Exchange (VFEX) has generated interest from both local and foreign companies and it is working at securing more listings ...Published: 16 Dec 2020 at 07:07hrs | 1 | by Staff reporter
War vets, mines officials clash over gold claims
WAR veterans in Shurugwi and the Midlands mines office have reportedly clashed over gold claims the ex-combatants allege they bought from Falcon Gold seven years ago, Southern Eye reported.The...Published: 31 Aug 2019 at 11:52hrs | 1 | by Staff Reporter
RioZim evicts former Falcon Gold employees
At least 17 former Falcon Gold Mine employees, whose employment contracts were clandestinely terminated by their new employer, RioZim (Pvt) Ltd, which now owns Dalny Mine, have approached the High Cou...Published: 24 Jul 2019 at 08:16hrs | | by Staff reporter
Mthuli Ncube to rescue closed mines
The government is considering a duty waiver for closed mines to allow them to retool, Finance minister Mthuli Ncube has said.Ncube said allowing the struggling mines to import equipment duty-f...Published: 21 Jul 2019 at 10:16hrs | | by Staff reporter
Falcon Gold closed
GOVERNMENT has ordered Falcon Gold Mining Company in Shurugwi and other mining concerns within its proximity to immediately cease operations as a safety measure following the collapse of Wanderer Mine...Published: 11 Jan 2019 at 09:40hrs | 12 | by Staff reporter
Falgold fails to publish FY results
LISTED miner Falcon Gold Zimbabwe has failed to publish its financial results for the financial year to September 30 this year, citing operational challenges which have been worsened by inadequate for...Published: 20 Dec 2018 at 06:49hrs | | by Staff reporter
ZSE ignores 'Mthuliphoria'
The Zimbabwe Stock Exchange (ZSE) slipped into the red unperturbed by the excitement showing across markets on the appointment of new treasury chief, Mthuli Ncube, it has emerged.Slipping into...Published: 15 Sep 2018 at 21:48hrs | | by Staff reporter
'Review of taxes, utility costs'
THE change in the indigenisation laws and the ongoing ease of doing business reforms should be complemented with a deliberate review of taxes and utility costs, which continue to frustrate domestic pr...Published: 18 Jul 2018 at 06:34hrs | | by Staff reporter
'Zimbabwe mines not opposed to ZSE listing'
Mining firms in Zimbabwe are not opposed to proposals to list their stock on the Zimbabwe Stock Exchange (ZSE), but have stayed away because the bourse is currently 'too thin' to mobilise the kind of ...Published: 27 May 2018 at 10:09hrs | 12 | by Staff reporter
Zimbabwe to compel mines to list on the ZSE
ZIMBABWE may soon adopt legislation to compel mining firms with mining rights or title in the country to list the majority of their shares on the domestic stock market to foster accountability and ena...Published: 25 Mar 2018 at 08:42hrs | 2 | by Staff reporter
ZSE unmoved by Mnangagwa sacking
THE Zimbabwe Stock Exchange slowly edged on this week, unmoved by the sacking of Vice President Emmerson Mnangagwa and the ensuing political turmoil in government.The ZSE's market capitalisati...Published: 09 Nov 2017 at 09:24hrs | | by Staff reporter
Mnangagwa allies linked to murders
POLICE are investigating senior Zanu-PF officials linked to Vice-President Emmerson Mnangagwa over alleged illegal gold panning, cases of violence and murders in and around Kwekwe's volatile gold mini...Published: 15 Sep 2017 at 07:18hrs | 1 | by Staff reporter
Standard Chartered Bank Zimbabwe sues client over $300 loan
The Standard Chartered Bank of Zimbabwe has sued its client Jabavu Nare and his employer Falcon Gold Zimbabwe after he failed to repay the loan of $300 which he collected from the bank sometime last y...Published: 16 Nov 2016 at 07:33hrs | | by Stephen Jakes
Bond note jitters and investor fears hits the Zimbabwe Stock Exchange
A nosedive in turnover on the Zimbabwe Stock Exchange (ZSE) as well as apprehension over the introduction of local bond notes next month are worsening investor apprehension and denting confidence ...Published: 06 Sep 2016 at 18:44hrs | 3 | by Online
ZSE lures mining companies
The Zimbabwe Stock Exchange (ZSE) is in discussions with mining companies so that they list on the local bourse to increase mining counters. According to the Newsday, the local bourse has fou...Published: 21 Jul 2015 at 06:26hrs | | by Staff reporter
List of companies that are currently offering apprenticeship
The Deputy Minister of Higher and Tertiary Education, Science and Technology Dr Gandawa yesterday released a list of Zimbabwean companies that currently offer apprenticeship.The companies recr...Published: 20 May 2015 at 20:35hrs | 118 | by Ndou Paul
'Family' scramble for Nkomo's pension
MORE than 10 years after the death of national hero and former Matabeleland South Governor Stephen Jeqe Nyongolo Nkomo, his children and three women who are alleging to be customary wives to the l...Published: 05 Apr 2015 at 07:05hrs | | by Staff Reporter
New Dawn to dispose its Zimbabwe gold assets
TORONTO Stock Exchange listed miner, New Dawn, says it is negotiating with several parties to dispose two of its gold mines in the country, Venice and Old Nic.New Dawn announced last month th...Published: 16 Aug 2013 at 06:17hrs | 2 | by Business reporter
Falcon Gold asked to release unused gold mining claims
MINING lobby group, the Zimbabwe Indigenous Miners Empowerment Association, has requested Government to order Falcon Gold Zimbabwe to release its unused gold mining claims to them. In a letter...Published: 05 Jul 2013 at 04:45hrs | 9 | by Business Reporters
Call for mining firms to list on ZSE
The Government should craft legislation that compels foreign-based mining firms operating in the country to also list on the local bourse, says MMCZ. Currently, only two foreign mining firms B...Published: 03 May 2013 at 06:11hrs | | by Staff reporter
Employees threaten to take over gold mine
One of the country's leading gold producers Falcon Gold Zimbabwe, owners of Dalny Mine in Chegutu, has filed an urgent chamber application in the High Court after its employees allegedly threatened ...Published: 07 Mar 2013 at 10:18hrs | | by Staff reporter
Zimbabwe gold output up 13%
ZIMBABWE'S gold output rose 13,4 percent last year to 14 742kg from 12 992kg a year earlier, but fell short of the targeted 15 000kg, latest figures from the Chamber of Mines show. Gold revenues...Published: 24 Jan 2013 at 04:27hrs | 2 | by Business Reporter
Welshman Ncube, Biti to grace the ZimInvest London 2013 fair
THE Minister of Industry and Commerce Welshman Ncube and his Finance counterpart Tendai Biti will on Friday address business executives in London where they will pitch Zimbabwe as a safe investment de...Published: 09 Jan 2013 at 07:03hrs | | by Staff reporter
Falcon Gold to become New Dawn subsidiary
FALCON Gold Zimbabwe will later this month convene a meeting of shareholders to seek approval to become a full subsidiary of New Dawn Mining Corporation Under a scheme of arrangement, minority shareh...Published: 03 Sep 2012 at 21:49hrs | | by Business Reporter
Second stock exchange for Zimbabwe on the cards
The Indigenisation ministry, in collaboration with private sector partners, is planning to set up a second stock market in Zimbabwe, which will trade in shares from the indigenisation fund. Y...Published: 31 Aug 2012 at 05:04hrs | | by Business reporter
Falcon Gold wins award for 2011 Best Performing Mining company
New Dawn Mining said it is pleased to report that its 85%-owned Falcon Gold Zimbabwe Limited subsidiary recently received an award for the 'Best Performing Mining Company' on the Zimbabwe Stock Exchan...Published: 01 Aug 2012 at 12:10hrs | | by Business reporter
NewDawn, no assurances on successfully complying with Indigenisation laws
New Dawn Mining says as a result of recent press reports relating to activities of the Company's Falcon Gold Zimbabwe Limited subsidiary and certain market developments relating to indigenisation mat...Published: 24 Feb 2012 at 16:20hrs | 5 | by Moyo Roy
Zim takes over 51 percent stake of New Dawn's Falcon Gold
The Ministry of Youth Development, Indigenisation and Economic Empowerment has moved to take over and warehouse a 51% stake of New Dawn's Falcon Gold Zimbabwe (Falgold) after discovering that the gro...Published: 24 Feb 2012 at 07:03hrs | 3 | by Staff reporter
NewDawn announces further developments Proposed Indigenisation Plan
New Dawn Mining Corp announced that it has signed a Memorandum of Understanding with the Ministry of Youth Development, Indigenisation and Economic Empowerment through the National Indigenisation and...Published: 02 Sep 2011 at 07:36hrs | 1 | by Ndou Paul
Zimbabwe government rejects New Dawn mining's empowerment proposal
GOVERNMENT has rejected the indigenisation compliance proposals by Canadian-based miner New Dawn Mining Corporation on the grounds that it did not meet certain regulatory requirements.New Da...Published: 13 Jul 2011 at 05:24hrs | | by .
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