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Nigerian billionaire Zimbabwe deals falter amid capital problems
WITH the help of Zimbabwean authorities who supported him amass platinum, gold, lithium, iron ore, tin and some rare earth mineral concessions, it first appeared like he was going far.At some poin...Published: 28 May 2024 at 12:46hrs | 14 | by Staff reporter
Nigerian billionaire's US$1 billion Zimbabwean mining deals stall
NIGERIAN oil and gas billionaire Benedict Peters' massive investment plans to shell out over US$1 billion into a local platinum mining project and more into lithium, iron ore, tin, gold and rare earth...Published: 16 Jul 2023 at 13:54hrs | 25 | by Staff reporter
Musk 'frees' the bird
Elon Musk became Twitter Inc's owner on Thursday, firing top executives and providing little clarity over how he will achieve the lofty ambitions he has outlined for the influential social media platf...Published: 29 Oct 2022 at 20:51hrs | 3 | by Staff reporter
Gwanda mine raises US$8 million from Victoria Falls bourse
WITH only six months after officially listing on the Victoria Falls Stock Exchange (VFEX), Jersey domiciled gold producer, Caledonia Mining Corporation, which operates Blanket Mine in Gwanda, says the...Published: 09 Jun 2022 at 06:37hrs | 14 | by Staff reporter
Caledonia CEO to leave next year
CALEDONIA Mining Corporation chief executive Steve Curtis will retire at the end of June next year, six months after leading the firm's listing on the Victoria Falls Stock Exchange (VFEX).The ...Published: 23 Dec 2021 at 05:40hrs | 13 | by Staff reporter
Power crisis pushes Blanket Mine into fresh costs
GOLD focused resources giant, Caledonia Mining Corporation says it will increase capital injections at its Zimbabwe-based Blanket Mine by 78% in 2022 due to a worsening power crisis.The New Yo...Published: 28 Nov 2021 at 08:01hrs | 10 | by Staff reporter
Mines troop to VFEX
GOVERNMENT says several mining firms have indicated plans to list on Zimbabwe's year-old bourse, the Victoria Falls Stock Exchange (VFEX).VFEX, which exclusively trades in foreign currency, ha...Published: 03 Sep 2021 at 06:51hrs | 2 | by Staff reporter
Mugabe blocked son-in-law, daughter and nephew over attempts to take over Telecel
WHILE the late former president Robert Mugabe's regime was corrupt and incompetent it allowed ministers, top civil servants and its business cronies to loot public resources Mugabe himself was very st...Published: 06 Mar 2021 at 08:00hrs | | by Staff reporter
No rest for Mnangagwa in US
President Emmerson Mnangagwa is on a mission to turn Zimbabwe into a middle-income economy in 12 short years. And the frenetic pace at which he is working in New York this week reflects how tight that...Published: 22 Sep 2018 at 09:18hrs | | by Staff reporter
Mnangagwa makes pitch for Zimbabwe at world stage
President Mnangagwa debuts at the UN next week, two months after his election in a poll that was declared free, fair and representative of the will of the people. He arrived in New York for the 73rd s...Published: 22 Sep 2018 at 09:16hrs | | by Staff reporter
Chinese, US firms in joint bid for Batoka
GLOBAL electrical engineering giants, China Power and United States incorporated General Electric (GE), have launched a joint bid for a contract to construct the 2 400-megawatt Batoka Gorge hydropower...Published: 14 May 2018 at 06:31hrs | 1 | by Staff reporter
Zimbabwean-born billionaire firm lists on New York Stock Exchange
A Zimbabwean-born billionaire owned technology company, Pivotal Software, has listed on the New York Stock Exchange. The company's chief executive Mr Rob Mee said listing as a public company was a maj...Published: 26 Apr 2018 at 07:14hrs | | by Staff Reporter
Mugabe ditch French water reticulation firm for a Chinese one
President Robert Mugabe has reportedly ordered Harare City Council to ditch French company, Veolia Africa, initially shortlisted to refurbish the city's water treatment plant, on allegations that ...Published: 12 Apr 2017 at 06:25hrs | | by Staff reporter
Saboteurs in vain attempt to block Zimbabwe's access to funds
It is quite disappointing that while Government is working tirelessly for economic revival, some local intended beneficiaries are equally working untiringly to throw spanners into that endeavour....Published: 24 Aug 2016 at 06:28hrs | 1 | by Tafara Shumba
Zimbabwe clinches $1 billion deal
The African Export-Import Bank and Lazard - a New York Stock Exchange-listed financier - will mobilise US$1,1 billion to help Zimbabwe clear its arrears with the World Bank and secure new funding....Published: 17 Jul 2016 at 12:03hrs | 1 | by Staff Reporter
New York Stock Exchange suspends trading in all securities
Without announcement, all trading has ceased on the floor of the New York Stock Exchange.While off-floor trading is still occurring, every listing on the NYSE board is currently showing "HALT"...Published: 08 Jul 2015 at 16:45hrs | | by Staff reporter
'Put Rhodes statue in public for all to see'
THE statue of Cecil John Rhodes which was removed from Bulawayo's city centre after independence and erected outside the Natural History Museum, and all other colonial monuments in Zimbabwe must remai...Published: 12 Apr 2015 at 09:08hrs | 1 | by Lawson Mabhena
Domino's Pizza heads for Zimbabwe
One of the leading global pizza brands, Domino's, will soon be available in the country after South Africa-based Taste Holdings signed a 30-year master franchise agreement with Domino's Pizza Interna...Published: 11 Apr 2014 at 07:13hrs | 4 | by Mernat Mafirakurewa
A 'Window Dressed' Stock Market Rally on the ZSE
Is it unusual for the share price of companies to move up one may ask? Most would answer no, and to most investors, a rising share price is desirable. However, suspicions may arise depending on th...Published: 02 Jan 2014 at 10:41hrs | 4 | by Perry Munzwembiri
Motorola considering expanding into Zimbabwe
Motorola Solutions is considering expanding its operations in Zimbabwe as it targets to benefit from the anticipated economic recovery.Motorola Solutions is a different entity from cellphone m...Published: 07 Nov 2013 at 10:57hrs | | by Staff reporter
Twitter shares priced At $26 in Initial Public Offering
Twitter has set a price of $26 for its public stock offering and can begin trading on the New York Stock Exchange.The price values the San Francisco-based micro blogging site at $14.1bn, base...Published: 07 Nov 2013 at 04:19hrs | | by Staff Reporter
Zimbabwe Stock Exchange volumes quadruple
THE number of shares that exchanged hands on the Zimbabwe Stock Exchange (ZSE) last month more than quadrupled to 602 947 421 as the local bourse continued to rally after a record postâ€â...Published: 06 Nov 2013 at 06:00hrs | 1 | by Business reporter
SECZ, ZSE shortlisted for prestigious Africa award
The Securities Commission of Zimbabwe and the Zimbabwe Stock Exchange have been shortlisted for the prestigious Africa investor Index Series awards. The awards, which are the only pan-African ...Published: 29 Aug 2013 at 04:37hrs | 2 | by Business Reporter
U.S. stocks ground to a 3-hour halt
Trading in thousands of U.S. stocks ground to a halt for much of Thursday after an unexplained technological problem shut down trading in Nasdaq securities, the latest prominent disruption to the oper...Published: 23 Aug 2013 at 04:00hrs | 3 | by Staff Reporter
IT Leaders Africa Summit Announces Lead Sponsor - Wipro
IT Leaders Africa Summit, the highly anticipated, premier gathering of business and IT leaders across all industries in Southern Africa, to be held at the Maslow Hotel in Sandton from 14 to 15 March 2...Published: 20 Feb 2013 at 08:49hrs | 1 | by Shannon Mackrill
Zimbabwe plans to introduce a minerals stock exchange
Zimbabwe is mooting plans to come up with a minerals stock exchange so it can realise full value for its precious gemstones.The minerals stock exchange - if it becomes operational - is largely...Published: 16 Jan 2013 at 11:45hrs | | by Business reporter
US Wall Street protests spreads to other cities
Street protests ostensibly against corporate America, which began in New York two weeks ago, have spread to Los Angles, Boston, Chicago, Denver and beyond. Frustration among the demonstrators is palpa...Published: 04 Oct 2011 at 12:46hrs | | by -
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