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NEWS

Zimbabwe deadliest mine disaster turns 48

Today marks 48 years after the Kamandama disaster at Hwange Colliery mine that claimed 427 lives when a series of explosions occurred underground.The disaster...

Fidelity agent Bank disowns illegal forex dealers

Fidelity Printers and Refiners agent bank, ZB Bank has castigated as impostors some illicit foreign currency dealers who are claiming to be buying foreign...

ZCDC repossessing vehicles from former bosses

The Zimbabwe Consolidated Diamond Company (ZCDC) is repossessing luxury vehicles worth US$2m from its former executives as the diamond miner moves to reclaim its...

Another accident at Vumbachikwe mine

There has been another accident at Vumbachikwe Mine. Reports say a Skip derailed and threw a worker out breaking both his legs in the...

Diamond discovery in Hurungwe a Hoax

The alleged Diamond discovery in Hurungwe is a Hoax.  Exactly a week ago a Whatsapp group “Ngoda PaZimbabwe” was formed alleging there was a...

MashCentral Mines director in court for abuse of office

Mashonaland Central’s provincial Mines and Mining Development director Tariro Ndlovu yesterday appeared in court on abuse of office charges after he recommended the issuance...

Gold Baron claims gun accidentally discharged

THE trial of gold dealer Baron Dube who allegedly shot and killed a member of a rival mining gang in Esigodini following a dispute,...

Fidelity cash crisis continues, gold taskforce deployed

Gold submissions to Fidelity Printers and Refiners could further dwindle as the sole buyer has been out of cash at its various centres across...

Forex increase to drive gold mines viability

Zimbabwe’s mines have hailed the decision by Fidelity Printers and Refiners (FPR) to increase the foreign currency retention threshold for gold miners as a...

RBZ limits ZIPIT transactions to ZWL $20 000/day

THE Reserve Bank of Zimbabwe (RBZ)’s Financial Intelligence Unit (FIU) has directed all banks to review downwards Zipit transaction limits to ZWL$20 000 a...

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