Business

Big boost for Zim diamond industry

Ndaka Majaka LONDON Stock Exchange-listed miner, Vast Resources has secured a S$13,5 million financing arrangement that will enable it to start production at its joint venture diamond mining project ...

Muzarabani oil firm in trading halt

Ndaka Majaka AUSTRALIAN Stock Exchange (ASX) listed mining company, Invictus Energy (Invictus), has announced a trading halt on its shares on the Australian bourse pending release of an announcement, ...

New notes coming Monday: what is the expected impact?

Ndaka Majaka THE first batch of Zimbabwe’s new two and five-dollar bank notes are set to be issued on Monday next week, the Reserve Bank of Zimbabwe (RBZ) governor has said. RBZ chief, Dr John ...

TelOne launches mobile sim card

FIXED telephone services provider, TelOne, has launched its own mobile sim card, in a move set to provide an affordable and accessible communication platform for its customers. The launch comes at a ...

Power cuts rattle RioZim gold output

Ndaka Majaka LISTED resources firm, RioZim, is experiencing a subdued second half on the back of power cuts, amid indications its gold production went down by over 117 kilogrammes in the first six ...

Zim Imbibers feel economic pinch

Ndaka Majaka ZIMBABWEAN drinkers are feeling the pinch of economic difficulties as they are failing to purchase their beverages of choice, it has emerged. Zimbabwe’s biggest beverage maker, Delta ...