NEWS

cement maker, PPC swims against the tide

REGIONAL cement maker PPC says its Zimbabwean unit grew revenues and earnings before interest, tax, depreciation and amortisation (EBITDA) in functional currency despite a...

Kuvimba Mining House pays US$5,2 million dividend

Kuvimba Mining House has paid out US$5.2 million in dividends to shareholders, less than a year after bringing some of the country’s biggest mining...

KP neglecting and failing to protect people in diamond conflicts

The Kimber Processing (KP) is neglecting and failing to protect people against new forms of conflicts affecting the diamond sector, Kimberley Process Civil Society...

Parly, ZACC to probe missing diamonds and US$400mil from ZCDC

The Parliament of Zimbabwe will follow up on the Auditor’s report with reinforcement from the Zimbabwe Anti-Corruption Commission (ZACC) among other arms of government...

Oil crosses $75 for the first time in two years

Crude oil prices rose yesterday, with Brent hitting $75 a barrel for the first time since April 2019, as investors remained bullish about a...

Breaking: Foreign currency ban false, RBZ

The Bank has noted with serious concern the continued circulation of false and malicious articles on social media alleging that Zimbabweans will no longer...

Govt approves gold, coal bed-methane production joint ventures

The Zimbabwean government last week approved two new mining agreements with two companies targeting gold and coal bed-methane production.Information, Publicity and Broadcasting Services Minister,...

ZCDC boss wins platinum at Megafest awards

Zimbabwe Consolidated Diamond Company’s (ZCDC) Chief Executive Officer, Mark Mabhudhu has been crowned Eastern Region Megafest CEO of the year Platinum award for his...

AFROCHINE ACCUSED OF COMMENCING OPERATIONS IN HWANGE WITHOUT EIA

Hwange residents and safari operators have come out guns blazing accusing Afrochine of double standards after the Chinese company began exploring the Deka Safari...

Chloride Zim gears for lithium battery market

ZIMBABWE’S biggest car battery maker, Chloride Zimbabwe, says plans to draft lithium battery production technology into its operations have kicked off to prepare the...

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