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Refineries under threat as RBZ gulps more forex
Zimbabwe's biggest mining companies have sounded alarm bells over the potential suspension of crucial expansion projects - including refineries valued at over US$432 million - following the Reserve Ba...Published: 30 May 2025 at 12:18hrs | 501 | by Staff reporter
Busisa Moyo accepts Land Cruiser gift from Chivayo
United Refineries Limited CEO and prominent Zimbabwean business leader Busisa Moyo has accepted a luxury vehicle valued at US$200,000 from businessman Wicknell Chivayo as a token of appreciation for h...Published: 21 May 2025 at 16:20hrs | 1634 | by Staff reporter
Busisa Moyo inducted into Zimbabwe business hall of fame
Renowned industrialist and business leader Mr Busisa Moyo has been inducted into the Zimbabwe Business Hall of Fame 2025, a prestigious honour recognising his exceptional contribution to Zimbabwe's ec...Published: 16 Apr 2025 at 23:16hrs | 199 | by Staff reporter
3 men in court for 'swapping' gold with counterfeit button
Three men have been charged with defrauding a gold panner of gold worth US$1,858 by swapping a genuine smelted gold button with a counterfeit one. Aleck Ngoni Pangazira (38), Simbarashe Karimupfumbi (...Published: 06 Feb 2025 at 07:20hrs | 128 | by Staff reporter
Police seek public help to track armed robbery gang in Bulawayo
Police in Bulawayo are appealing to the public for assistance in identifying and apprehending a gang of 10 armed robbers who carried out a daring heist at United Refineries in the Kelvin Industrial Ar...Published: 12 Dec 2024 at 06:46hrs | 313 | by Staff reporter
Robbers strike at United Refineries
Armed robbers executed a daring break-in at United Refineries, located in the Kelvin Industrial Area of Bulawayo, early on Friday morning, making off with over US$10,000 and more than 20,000 South Afr...Published: 08 Dec 2024 at 09:54hrs | 309 | by Staff reporter
Diesel ban in South Africa still coming
South Africa's transition to cleaner diesel fuels remains on the horizon, with plans to ban the sale of diesel containing more than 10 parts per million (ppm) of sulfur by 2027 still in motion....Published: 06 Dec 2024 at 11:16hrs | 921 | by Staff reporter
China mining firms partner with Zimbabwe on lithium mine
Chinese miners Zhejiang Huayou Cobalt Co. and Tsingshan Holding Group Co. are defying low lithium prices to develop a deposit of the battery metal with a Zimbabwean state company.The two firms...Published: 26 Sep 2024 at 13:56hrs | 250 | by Staff reporter
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 | 480 | by Staff reporter
Dexter Nduna outlines ambitious plan to transform Zimbabwe mining
Dexter Nduna, ZANU-PF's chairman for resource mobilisation and revenue generation, has outlined an ambitious plan to transform Zimbabwe's mining and agricultural sectors. Recently appointe...Published: 03 Aug 2024 at 12:32hrs | 157 | by Staff reporter
Fidelity Gold Refinery gold supply zero-rating policy shows promise
The zero-rating of gold deliveries to Fidelity Gold Refinery (FGR) has started bearing fruits as the local currency, the Zimbabwe Gold (ZiG) continues to strengthen while gold miners have been allevia...Published: 18 Jun 2024 at 17:17hrs | 79 | by Tonderai Ndoro
Zimbabwe is hardly undiscovered ground for the world's miners
Zimbabwe has huge amounts of unexplored and underexploited mineral resource potential and the world's resource companies could be lining up to rebuild Zimbabwe's once-mighty gold mines and metal refin...Published: 11 Jun 2024 at 09:59hrs | 25 | by Staff reporter
Zimbabwe mulls probe into drop in gold output
The government is considering investigating the small-scale gold mining sector to determine the factors behind the recent decline in deliveries, amid fears of increased smuggling. Gold production from...Published: 02 Jun 2024 at 09:04hrs | 2 | by Staff reporter
Mnangagwa government's game of darkness
NOW, if you put President Emmerson Mnangagwa, Mthuli Ncube and Kuda David Mnangagwa-the Finance minister and deputy minister, respectively—what will you get?Correct. Darkness. Lots of darkne...Published: 31 Mar 2024 at 16:30hrs | 2 | by Tawanda Majoni
Tagwirei-linked firm in Zisco 'asset stripping orgy'
The much-hyped takeover of the Zimbabwe Iron and Steel Company (Zisco) by Kuvimba Mining House has failed to change the fortunes of the steelmaker amid allegations that the firm linked to businessman ...Published: 31 Mar 2024 at 15:20hrs | 2 | 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 | 4 | by Staff reporter
Nkulumane, Nketa and Emganwini will go without water from 2 - 4 February
The suburbs of Nkulumane, Nketa and Emganwini in Bulawayo will go without water due to planned maintenance work on the 675m pipe line from Criterion Reservoir to Magwegwe Reservoir at United Refinerie...Published: 01 Feb 2024 at 18:32hrs | | by Staff reporter
Zimbabwe gold output declines 15%
Zimbabwe produced 30 metric tons of gold in 2023, 15% less than the previous year, official data showed on Monday, as electricity cuts and currency volatility impacted output.The southern Afri...Published: 10 Jan 2024 at 17:47hrs | 12 | by Staff reporter
Hot spell forces firms to work night shifts
INDUSTRIAL manufacturing processes are being threatened by the high temperatures being recorded across the country, which affect the cooling systems for some critical machinery used by companies while...Published: 06 Dec 2023 at 05:03hrs | 15 | by Staff reporter
Zimbabwe orders lithium miners to submit refinery plans by March 2024
Zimbabwe has given lithium miners up to March 2024 to submit plans for the local production of battery-grade lithium in a bid to benefit from growing demand for the clean energy mineral, Finance Minis...Published: 30 Nov 2023 at 21:09hrs | 15 | by Staff reporter
Zimbabwean outcry over Zesa power tariff increase
The Consumer Council of Zimbabwe (CCZ) has criticized the Zimbabwe Electricity Transmission and Distribution Company (ZETDC) for increasing power tariffs in US dollars, stating that there is no justif...Published: 31 Oct 2023 at 05:49hrs | 3 | by Staff reporter
Caledonia Mining Corporation declares 14 cents dividend
Zimbabwe, October 2, 2023 - Caledonia Mining Corporation, a prominent global mining firm with operations in Zimbabwe, has declared a dividend of US$0.14 per share for the third quarter of its 2023 tra...Published: 03 Oct 2023 at 09:17hrs | 15 | by Staff Reporter
Stakeholders brainstorm over Bulawayo industry revival
The revival of industrial activity in Bulawayo is contingent upon resolving the city's water supply issues, according to stakeholders.Many companies in Bulawayo have closed or relocated due to...Published: 02 Oct 2023 at 06:28hrs | 1 | by Staff reporter
AU accomplice in Zimbabwe corruption
THE sincerity of African leaders and institutions in fighting corruption has come under scrutiny following the appointment of controversial Zimbabwean self-styled prophet Uebert Angel as its Pan-Afric...Published: 25 Jul 2023 at 08:24hrs | 5 | by Staff reporter
Zimbabwe sugar estates to be sold to Tanzania's Kagera Sugar
South Africa's Tongaat Hulett is to sell its sugar estates, including those in Zimbabwe, to Kagera Sugar, one of East Africa's largest sugar producers.This is part of a plan to rescue Tongaat ...Published: 21 Jul 2023 at 18:23hrs | 4 | by Staff reporter
UAE suspends Gold Refinery over owners' alleged laundering links
The United Arab Emirates suspended the accreditation of one of its biggest gold refineries over concerns that its owners had ties to alleged money launderers.Emirates Gold DMCC — which has o...Published: 15 Jul 2023 at 11:17hrs | 17 | by Staff reporter
Zimbabwe govt departments warned for dumping Zimdollar
Finance and Economic Development secretary George Guvamatanga has warned government departments to desist from giving preference to clients paying for services in US dollars as opposed to local curren...Published: 29 May 2023 at 06:43hrs | | by Staff reporter
Jonathan Moyo issues a warning
EXILED former cabinet minister, Jonathan Moyo has warned that the recent threats by Finance minister Mthuli Ncube to crack down on businesses over price hikes will only worsen the already dire situati...Published: 29 May 2023 at 06:41hrs | 1 | by Staff reporter
A critical review of Al Jazeera's Gold Mafia documentary
APRIL, famously characterised as "the cruellest month" by distinguished poet and literary critic TS Eliot in his critically acclaimed essay "The Wasteland" - not because its first day celebrates fools...Published: 28 May 2023 at 17:07hrs | 6 | by Jonathan Moyo
Uebert Angel finally returns to Britain
PRESIDENTIAL Envoy and Ambassador-at-Large Uebert Angel - who fears being thrown under the bus should he return to Zimbabwe, because of the starring role he played in Al Jazeera's investigative Gold M...Published: 15 May 2023 at 19:29hrs | 13 | by Staff reporter
13 distressed Zimbabwe firms rescued
Testifying to its commitment to tangible deliverables aimed at transforming the livelihoods of the people, the Second Republic, under the stewardship of President Mnangagwa, has resuscitated 13 previo...Published: 11 May 2023 at 05:30hrs | 3 | by Staff reporter
Loosen Zimbabwe sanctions for renewable energy future
MORE than 20 years ago, the late former President Robert Mugabe endorsed a move by indigenous Zimbabwean farmers to occupy and forcibly retake farmland that was owned, at the time, by farmers of Europ...Published: 09 May 2023 at 06:06hrs | 2 | by Glenn Jakins
US businessman calls for removal of sanctions on Zimbabwe
A United States businessman has said the illegal sanctions on Zimbabwe have failed and are only preventing American access to Zimbabwe's business opportunities, especially its vast lithium resources....Published: 27 Apr 2023 at 06:24hrs | 1 | by Staff reporter
U.S. instructed to lift 'antiquated' sanctions against Mnangagwa
Entrepreneur from the United States (US), Glenn Jakins, claims that it is critical to relax sanctions in order to give President Emmerson Mnangagwa's administration a chance and allow for access to Zi...Published: 25 Apr 2023 at 07:03hrs | 4 | by Staff reporter
Uebert Angel holed up in Dubai
PRESIDENTIAL Envoy and Ambassador-at-Large Uebert Angel is currently holed up in Dubai alongside several prominent members of rival gangs exposed in Al Jazeera's Gold Mafia investigative documentary a...Published: 23 Apr 2023 at 17:44hrs | 5 | by Staff reporter
Chamisa's MP wants govt to probe RBZ
AN OPPOSITION legislator yesterday called on Parliament to direct government to investigate Fidelity Printers and Refineries and the Reserve Bank of Zimbabwe (RBZ) after they were cited for facilitati...Published: 30 Mar 2023 at 06:38hrs | 1 | 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
French revolution brewing as France protests gets 'out of control'
Police clashed with over a million demonstrators opposed to President Macron's pension reformFrench authorities struggled on Thursday to suppress the protests against President Emmanuel Macron...Published: 24 Mar 2023 at 06:42hrs | | by Staff reporter
Rushwaya demands lithium ban lifting
CONTROVERSIAL mineral dealer Henrietta Rushwaya wants President Mnangagwa to remove the ban on lithium ore exports, saying a stockpile of 2 million tonnes has built up since December.Rushwaya ...Published: 20 Mar 2023 at 15:06hrs | 13 | by Staff reporter
Mnangagwa's name mired in underworld gold activities
FROM the Macmillan family and their gold-smuggling activities to the Kwekwe underworld mining adventures and Henrietta Rushwaya's sensational arrest three years ago, President Emmerson Mnangagwa's nam...Published: 05 Mar 2023 at 14:00hrs | 66 | by Staff reporter
Goldstar sugars refinery closes
Goldstar sugars Harare refinery released a statement on its temporary closure yesterday.The statement reads, "we are writing to advise that we have closed the Goldstar Sugars Harare refinery w...Published: 14 Feb 2023 at 21:18hrs | 12 | by Tarisai Mudahondo
ZESA switches off Harare industrial area
HUNDREDS of industrial workers in Harare's busy Workington area have been laid off by different companies struggling to operate due to an electricity crisis that has seen the area going almost a month...Published: 20 Jan 2023 at 06:43hrs | | by Staff reporter
Zimbabwe's gold output reaches new record high
Zimbabwe's gold output reached a new record high of 35.38 tonnes in 2022, spurred by new mining projects, timely payments and incentives to miners.The output was 19.5 percent up from the previ...Published: 11 Jan 2023 at 16:55hrs | 7 | by Staff reporter
Mnangagwa's govt stripping assets, claims MPs
LEGISLATORS have accused the Executive of systematically stripping the country of its valuable assets and selling them through opaque deals, which observers say smells of deep-rooted corruption and pl...Published: 30 Aug 2022 at 06:35hrs | 1 | by Staff reporter
Zimbabwe banks run out of gold coins
DEMAND for the new Zimbabwean gold coins has been overwhelming and banks have been inundated by their corporate and individual customers seeking a legal and sensible way of preserving value.Th...Published: 01 Aug 2022 at 06:35hrs | 2 | by Staff reporter
More light must be shed on gold coins to instil confidence
Consumer and investor confidence will likely be a game changer as the nation waits patiently for gold coins, which will be available beginning July 25 this year.The coins will be available thr...Published: 21 Jul 2022 at 06:40hrs | 2 | by Staff reporter
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
Zimbabweans are a very funny lot
IT came as a major relief that the United States embassy in Harare clarified the validity of its many bank notes which have been so overused that they have turned so dirty and torn to the extent that ...Published: 13 Jul 2022 at 07:23hrs | 1 | by Staff reporter
Gold coins to be sold in Zimdollars
THE Reserve Bank of Zimbabwe (RBZ) says its planned gold coins, to be introduced as an alternative investment option and inflation hedge on July 25, will be traded in both Zimbabwe dollars and foreign...Published: 05 Jul 2022 at 07:03hrs | | by Staff reporter
RBZ gold coins to strengthen Zimdollar
The Reserve Bank of Zimbabwe (RBZ) last week, following a resolution agreed on by its Monetary Policy Committee (MPC), announced plans to introduce gold coins to be used as a new investment tool to st...Published: 04 Jul 2022 at 06:54hrs | | by Staff reporter
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