NEWS

Zim misses out on gold price boom

Last year, gold had its best price performance since 2010, rising by 18,4 percent in US dollar terms.It outperformed major global bonds and emerging...

Palladium stockpiles fading

As palladium’s record-breaking rally makes guessing the size of stockpiles more important than ever, one thing at least is clear — they’re getting a...

RioZim seeks solar plant licences

RIOZIM Limited has applied to the Zimbabwe Energy Regulatory Authority (ZERA) for licences to build four solar power plants with a combined output of...

Is dollarisation creeping back?

When Zimbabwe dollarised in early 2009, it was a case of the Government formalising what was already in play.It effectively “dollarised” the economy by...

Gvt set aside $8,5 billion to support electricity generation

GOVERNMENT has set aside $8,5 billion to support electricity generation and imports this year as part of efforts to improve power supply and ease...

Fired diamond boss eyes RBZ post

Former Zimbabwe Consolidated Diamond Company (ZCDC) chief executive Moris Mpofu is reportedly eyeing a comeback at the Reserve Bank of Zimbabwe following the termination...

Dispute over 2020 minimum wage

DISCUSSIONS to increase the minimum wage for 2020 between the Associated Mineworkers’ Union of Zimbabwe (Amwuz) and employers under the Chamber of Mines began...

Coal producers, Zesa in showdown

Coal producers and Zesa Holdings come face-to-face at a crunch meeting next week to thaw frosty relations amid revelations the power utility is struggling...

Gold rises

Gold prices rose on Thursday as worries about the economic impact from a fast-spreading coronavirus in China improved the metal’s safe-haven appeal.Spot gold rose...

Machete gangs disappear

MACHETE gangs, otherwise known as MaShurugwi, have reportedly gone underground following a nationwide police blitz which has seen nearly 2 000 illegal gold miners...

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