Nelson Gahadza Karo Platinum Holdings is going ahead with the development of its platinum mine despite the falling global platinum group metals (PGM) prices, with US$100 million already spent on mine infrastructure development. The mining company’s project in Zimbabwe is an open-pit platinum group metals (PGMs) asset under construction at […]
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RETAIL clothing giant, Edgars Stores Limited says the Government’s decision to continue with the multi-currency regime until 2030 will go a long way in instilling confidence in the overall economy. In October 2023, President Mnangagwa extended the tenure of the multi-currency regime beyond the initially proposed 2025 cut-off period as […]
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Blessings Chidakwa The new US$4,2 billion Karo Resources platinum mine is roaring into life with the start of the construction of its plants and an administration block and the arrival of equipment and machinery. This is one of the Second Republic’s signature projects boasting the biggest mill in Zimbabwe, a […]
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The Government seeks to improve infrastructure as access to network coverage remains a challenge in
rural areas, hindering the reach of digital banking and mobile financial services.
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Finance, Economic Development and Investment Promotion Minister Professor Mthuli Ncube has defended the proposed tax on high sugar content beverages, saying the revenue generated will go towards creating a cancer fund.
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Melisa Chatikobo Zimbabwe Stock Exchange-listed ZB Financial Holdings recorded profit after tax of ZW$ 678.4 billion for its half year ended June 2023. This indicates a 2 179 percent improvement from the same period last year. In its half year update, the group reports a 796 percent rise in total income […]
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Women and youth have lauded the high-level masterclass on Investment and Export Readiness Under AfCFTA as a game-changing training programme to effectively expand their business prospects. The International Trade Centre (ITC) collaborated with the United Nations Economic Commission for Africa (ECA), the Organization of Women in International Trade (OWIT), the […]
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Owing to low water levels at Lake Kariba and aged thermal power stations, the small ones with equipment now 72 years old and even Hwange more than 34 years old, Zimbabwe is battling massive electricity outages, which saw other suburbs getting power between 10pm to 5am.
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ZTN Correspondent THE Zimbabwe Energy Regulatory Authority (Zera) has lowered the price of petrol and diesel with effect from today (Wednesday). The USD prices for petrol and diesel changed from $1.70 to $1.61 and $1.80 to $1.76 respectively. In a circular, the energy regulator said petrol will retail at ZWL$667.43 […]
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Fuel prices cut a relief for Zim motorists
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