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Zimbabwe power users raise US$250 million for floating solar plant on Kariba Dam
Zimbabwe's industrial power users have secured $250 million from the African Export-Import Bank to build floating solar panels at the world's largest man-made lake.The Intensive Energy User Gr...Published: 10 Dec 2024 at 07:14hrs | 755 | by Staff reporter
Dynamos temporarily set base in Francistown
Dynamos Football Club are leaving no stone unturned as they approach a decisive match that could see them secure a place in the CAF Confederation Cup group stages, where they would be guaranteed a min...Published: 18 Sep 2024 at 08:19hrs | 128 | by Staff reporter
Zimplats narrows down costs
Zimplats narrowed down costs in the quarter to end June although it is still investing in capital projects such as a solar power plant that is due for commissioning and a concentrator project....Published: 16 Aug 2024 at 14:06hrs | 854 | by Staff reporter
Mimosa to use Zimplats' Base Metal Refinery
Mimosa Mining Company has entered into an agreement with Zimplats, the country's largest platinum group metal (PGM) producer, to use Zimplats' Base Metal Refinery (BMR) to maximize the nation's PGM be...Published: 03 Jun 2024 at 13:12hrs | 17 | by Staff reporter
51 counts of fraud couple on the run
SENSING a high possibility of being locked up in jail, a couple that was facing 51 counts of fraud has allegedly fled and Bulawayo police have spread a dragnet to arrest them.Melusi Ndlovu (36...Published: 26 Jan 2024 at 04:46hrs | 3 | by Staff reporter
Zimbabwe mines need a web presence
Zimbabwe has only just over ten mines and mining companies with an online presence. Mines with a web presence include ZimPlats, Caledonia Mining Corporation, A and F Avalon Gold Mine, Renco Gold Mine,...Published: 24 Dec 2023 at 09:57hrs | 11 | by Jacob Kudzayi Mutisi
Zimbabwe poised for record platinum haul
THE World Platinum Investment Council (WPIC) says Zimbabwe is on track to ramping up output of the white metal to an all-time high of 502 kilo ounces (koz) following massive investment by one of the c...Published: 02 Dec 2023 at 14:37hrs | 9 | 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 | 20 | by Staff reporter
Mineral revenue slumps 29%
In the first half of this year, Zimbabwe's mineral revenue experienced a 29% decline, amounting to US$2.6 billion, owing to several challenges, including falling commodity prices, foreign currency sho...Published: 03 Nov 2023 at 05:44hrs | 11 | by Staff reporter
Outcry over Beitbridge crack team operations
Cross-border traders, shipping agents, and truck drivers utilizing the Beitbridge Border Post have reported mistreatment at the hands of a State security team assigned to combat smuggling and other il...Published: 13 Oct 2023 at 06:31hrs | | by Staff reporter
Bromley to face electricity blackout.
NORTHERN Bromley suburbs to experience a daylong electricity cut tomorrow, 30 September from 6am to 6pm due to maintenance activities.In a statement, the Zimbabwe Electricity Transmission and ...Published: 29 Sep 2023 at 11:03hrs | | by Staff reporter
Pilot mining starts at Karo platinum project
Tharisa Capital, a South African co-producer of platinum group metal (PGM) and chrome concentrates, says its Karo Mining platinum project in Zimbabwe remains on track, with the first plant concrete po...Published: 18 Jul 2023 at 06:18hrs | 7 | by Staff reporter
Mangudya rules out dollarisation
RESERVE Bank of Zimbabwe (RBZ) governor John Mangudya yesterday claimed that past experiences, rather than basic economic issues, were to blame for the country's exchange rate volatility, as he ruled ...Published: 02 Jun 2023 at 06:46hrs | 1 | by Staff reporter
Farmers embrace traditional grains
Farmers in Zvishavane are convinced that the traditional grains concept is the only way the district can be food secure following a promising bumper harvest of small grains.Most farmers in Mts...Published: 03 Feb 2023 at 16:11hrs | 15 | by zbcnews.co.zw
West Nicholson-Mberengwa road is really bad
GOVERNMENT is rehabilitating the West Nicholson-Mberengwa Road linking Matabeleland South and Midlands provinces.The road is one of the five major roads in Matabeleland South that are being ta...Published: 26 Jan 2023 at 07:33hrs | | by Staff reporter
Karo Mining's US$4,2bn Zimbabwe platinum project takes off
The Karo Mining Holdings (KMH), a Zimbabwean platinum group metal (PGMs) miner undertaking a US$4,2 billion project in Mhondoro, has commenced operations with the first ore expected in the processing ...Published: 08 Dec 2022 at 05:04hrs | 1 | by Staff reporter
Zimbabwe's new steel plant 40% complete
Construction of a carbon steel plant in Manhize, Chivhu, by Dinson Iron and Steel Company (Disco) is 40 percent complete, it has been learnt.Addressing a post-Cabinet media briefing, acting In...Published: 04 Dec 2022 at 08:04hrs | 1 | 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 | 1 | by Staff reporter
Zimbabwe has over 5.5 billion barrels of oil resource
Oil and gas explorer Invictus Energy (IVZ) has bolstered the potential prospective resource of its Cabora Bassa project in Zimbabwe to over 5.5 billion barrels of oil equivalent (boe).The comp...Published: 06 Oct 2022 at 19:10hrs | | by Staff reporter
UK firm discovers nickel in Bulawayo
United Kingdom-based Galileo Resources has announced the discovery of potential nickel targets at its Bulawayo gold project following the recently conducted airborne geophysical survey on its two excl...Published: 01 Sep 2022 at 06:29hrs | | 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$12 billion export industry by end of 2023. The plan was launched in October 2019 as a key pillar to sustai...Published: 11 Aug 2022 at 12:01hrs | 3 | by Victor Bhoroma
Sally Mugabe renal unit disappears
THE renal unit at Chitungwiza Central Hospital (CCH) named after the late former President Robert Mugabe's late first wife Sally collapsed and disappeared years ago, NewsDay has established.Th...Published: 04 Jul 2022 at 06:58hrs | 9 | by Staff reporter
Pay half salaries in US$: NECs
THE National Employment Councils (Necs) has directed private sector employers to pay half of their salaries in foreign currency as appetite for the free-falling local currency wanes.Nec yester...Published: 17 Jun 2022 at 08:28hrs | 2 | by Staff reporter
Mnangagwa shedding crocodile tears
LAST week's threat by President Emmerson Mnangagwa to punish miners who have decimated swathes of mineral and agricultural fields demonstrated that he has suddenly awakened from his slumber and realis...Published: 11 Jun 2022 at 09:32hrs | 1 | by Staff reporter
Zimbabwe suspends platinum levy
THE Government has suspended the 5 percent levy on raw platinum exports after miners lobbied the Treasury for its removal citing its detrimental impact on operations and the commitment by industry pla...Published: 17 May 2022 at 06:31hrs | 2 | by Staff reporter
Zimbabwe power crisis worsens
STRUGGLING national power utility Zesa Holdings has extended a plea for help to big miners by constituting a group called the Energy Intensive Users Group (EIUG) to provide off-take guarantees in hard...Published: 06 May 2022 at 19:28hrs | 2 | by Staff reporter
Policy flip flops impede platinum deals
INVESTMENT into Zimbabwe's platinum sector has been held back by unpredictable policies, a leading resource campaigner said this week.Claude Kabemba, executive director at Southern African Res...Published: 15 Apr 2022 at 08:59hrs | 1 | by Staff reporter
ELVIS NYATHI DEATH: Activists to shutdown SA businesses in Zimbabwe
Zimbabwean activists under the banner of One Africa Movement have threatened to shut down all companies that are owned by South African investors in Zimbabwe over the gruesome murder of one Mbhodazwe ...Published: 08 Apr 2022 at 11:04hrs | 1 | by Mandla Ndlovu
Zimbabwe is best investment destination, claims Implats
South Africa's Impala Platinum Holdings (Implats) has described Zimbabwe as the best investment jurisdiction due to its predictable and supportive operating environment, which has allowed its investme...Published: 08 Apr 2022 at 06:42hrs | 1 | by Staff reporter
All Zimbabweans must benefit from mineral Resources: Zimcodd
THE Zimbabwe Coalition of Debt and Development has reported that in the week under review, Zimbabwe registered a big milestone in the mining of Platinum Group Minerals (PGMs) with the addition o...Published: 07 Apr 2022 at 11:08hrs | 1 | by Stephen Jakes
Mimosa donates bicycles to police
POLICE in Zvishavane have received 10 bicycles from Mimosa Mines to help combat crime in the Midlands mining town.Speaking at the handover ceremony, Mimosa general manager Steven Ndiyamba said...Published: 05 Jan 2022 at 05:58hrs | 8 | 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 | 13 | by Staff reporter
Chinese miners' trucks damaging our roads: Mayor
GWERU mayor Josiah Makombe has blamed Chinese-owned mining vehicles for damaging city roads.Makombe said the Midlands capital was witnessing a proliferation of Chinese companies venturing into...Published: 17 Dec 2021 at 23:41hrs | 7 | by Staff reporter
'Bring back the US Dollar' Mliswa says
Norton Member of Parliament Temba Mliswa has called upon the government to re-introduce the United States Dollar as the main currency in order to arrest inflation.Writing on Twitter on Friday,...Published: 08 Oct 2021 at 11:12hrs | 7 | by Mandla Ndlovu
US$4,2m boost for Boterekwa Road dualisation
GOVERNMENT says it has allocated US$4,2 million for the dualisation of the Boterekwa stretch along the Gweru-Zvishavane Highway.A newsletter released by Midlands Provincial Affairs minister La...Published: 21 Jul 2021 at 08:00hrs | | by Staff reporter
Chamber of Mines elects new leadership
THE Chamber of Mines of Zimbabwe has elected new leadership to lead the organisation until next year amid calls for all mining stakeholders to embrace inclusiveness for the industry to realise the US$...Published: 08 Jun 2021 at 06:38hrs | 2 | by Staff reporter
Mzembi not yet off the hook
The Prosecutor General Mr Kumbirai Hodzi yesterday got the green light to contest a recent High Court judgment clearing fugitive ex-Cabinet minister Walter Mzembi and three others of grabbing four veh...Published: 03 Jun 2021 at 06:55hrs | | 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
Mnangagwa, Chiwenga-linked cartels take over public firms, mines, fuel sector - report
HIGHLY secretive cartels linked to President Emmerson Mnangagwa and Vice President Constantino Chiwenga are reported to have taken over the operations of key state-owned companies, including private f...Published: 10 Feb 2021 at 07:33hrs | 7 | by Staff reporter
Zimbabwe platinum output up 4%
According to the World Platinum Investment Council (WPIC) latest Platinum quarterly report for the third quarter of 2020, Zimbabwe saw a marginal increase in platinum output in a period where global d...Published: 18 Jan 2021 at 10:41hrs | | by Staff reporter
Zimbabwe's economic outlook for 2021
Zimbabwe's economy ended the year 2020 on a fairly stable note due to the return of the multi-currency regime and decline in general inflation levels in the market. Headwinds caused by incessant power...Published: 08 Jan 2021 at 21:02hrs | | by Victor Bhoroma
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
Chiwenga speaks on public private partnerships
GOVERNMENT is providing an enabling environment for public private partnerships in infrastructural development which will result in the attainment of Government's vision 2030. This was said by...Published: 08 Oct 2020 at 06:44hrs | | by Staff reporter
Zimbabwelivesmatter, says Mnangagwa
THE lives of Zimbabweans matter more than the economy which is why the Second Republic put in place measures that have seen the country managing to ensure that Covid-19 infections do not spiral out of...Published: 08 Oct 2020 at 06:44hrs | | by Staff reporter
Miners bail out troubled Zesa
Zimbabwe's top three platinum miners are said to have helped settle the Zimbabwe Electricity Transmission and Distribution Company (ZETDC) $10 million part payment to the South African electricity sup...Published: 18 Aug 2019 at 09:57hrs | | by Staff reporter
Masomere hits out at Manica Diamonds
Former Manica Diamonds coach Luke Masomere, who was sacked on Sunday, has claimed that the club is struggling financially and it failed to back him on the transfer market to achieve the set targets....Published: 06 Aug 2019 at 07:40hrs | 2 | by Staff reporter
Mzembi accomplice acquitted of theft charges
FORMER Tourism minister Walter Mzembi's accomplice in the case of theft of trust property valued US$1,8 million, which was fundraised for the 2013 United Nations World Tourism Organisation (UNWTO) con...Published: 03 Aug 2019 at 09:54hrs | | by Staff reporter
High taxation threatens mining viability
Munya Shumba's letter entitled 'Robbing the poor to pay the rich' refers. Outrightly, its mind boggling how the government tax loot from the poor would end up in the purse of a mining company? Secondl...Published: 22 Jul 2019 at 08:54hrs | | by Dennis Shoko
Gweru's Gwenoro Dam at 18% capacity
GWERU'S main water source, Gwenoro Dam is now at 18% capacity, with city fathers expressing concern that the Midlands capital could face an unprecedented water crisis if urgent solutions for alternati...Published: 05 Jul 2019 at 08:15hrs | 5 | by Staff reporter
Mnangagwa ally's ACF restructures, suspends operations
One of Zimbabwe's major chrome producers, African Chrome Fields (ACF), has temporarily suspended operations as the company embarks on a restructuring exercise.Information at hand shows ACF pro...Published: 14 Jun 2019 at 11:38hrs | 1 | by Staff reporter
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