NEWS

Matshela Energy seeks amendment of licence

INDEPENDENT Power Producer, Matshela Energy (Private) Limited has applied for the amendment of its power generation licence to entail an additional 40 megawatthour energy...

Oil slips as demand decline

Crude prices extended declines yesterday, dropping below $60 for the first time in nearly three months as the death toll from China’s coronavirus rose...

Gold prices rise

Gold prices rose to their highest in more than two weeks yesterday as equities slipped on growing concerns that a China virus outbreak could...

Jena Mine, workers row over payslips

ZIMBABWE Mining Development Corporation (ZMDC) owned Jena Mine has raised the ire of workers for withholding staff payslips amid claims the omission could be...

Artisanal miners: Separating fact from fiction

Zimbabweans love generalising and stereotyping.  I guess, in a way, this makes things easy to understand.In any case, who needs to grapple with deeper...

Machete killer ‘haunted by victim’s avenging spirit’ hands self to police

SOME “avenging spirits” are said to have tormented a machete wielding killer who has handed himself to the police and confessed to using the...

No sparkle from Matobo’s gold

ECONOMIC growth at one of the country’s richest gold mining districts, Matobo in Matabeleland South, remains retarded as the local authority grapples to collect...

Machete gangs ‘killing’ mining sector

THE Zimbabwe Miners Federation (ZMF) has expressed great concern over the increase in machete gangs’ activities around mining areas which continue to disturb the...

US$100m secured for arrears clearance, Zesa to ease load shedding

Zimbabwe is set to clear its arrears owed to Mozambique and South Africa after securing a US$100-million facility from Afreximbank and revive a 30-year...

Gold drops

Gold edged down on Friday as the dollar rose and appetite for riskier assets improved after the World Health Organisation tempered fears of a...

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