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NEWS
Cash in, Cash back, Cash out ban – what it means
It is worth noting that the Reserve Bank of Zimbabwe (RBZ) has taken steps further in trying to stabilise the financial mess that has...
Miners not affected by the New SI Instrument
IT is business as usual for miners as their payment system is not affected by the recently introduced SI213 of 2019.This past Saturday government...
‘Zisco demise costing Zimbabwe US$400m annually’
ZIMBABWE is losing about US$400 million annually through importing steel and related products since the collapse of Zisco in the last decade, Industry and...
Gold down 1 percent
Gold slipped by 1 percent to a one-week low last Friday and was heading for its worst week in six-months as investors sought safety...
Forex challenges hit Makomo
Zimbabwe coal miner, Makomo Resources is reportedly getting only about 50 percent of its foreign currency which it require to import critical inputs like...
SI213 of 2019 effects on Miners and Suppliers
ON Saturday the whole nation woke up to the news that pricing of goods and services in foreign currency is now illegal and heavy...
MaShurugwi a threat to national security
Machete-wielding "miners" popularly known as Mashurugwi, who started off as artisanal miners later transforming into criminal masterminds have become a formidable force in Zimbabwe...
Caledonia’s production target reduces due to unstable power supply.
Despite achieving an increase of 6.4 per cent on gold production in the first quarter of 2019, Caledonia’s Blanket Mine which is also...
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