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Ten things that might hinder the performance of the mining sector in 2019

The mining sector in Zimbabwe has been predicted to be the economic resuscitator of the once giant economy in Africa.By Rudairo Dickson MapurangaThe president of Zimbabwe is optimistic that the mining sector will take a leading...

Top ten most promising individuals in the Mining sector under the age of 45

The mining sector in Zimbabwe is now being driven mainly by young people. This new generation is now taking over from the likes of popular David Murangari, Winston Chitando among others who are now approaching their...

Taxes, indigenisation and transparency: How Mthuli’s new fiscal regime impacts on Zimbabwe mining

Open for business? Totemic. That is the word which perhaps aptly sums up the potential of Zimbabwe’s huge and diverse mineral wealth to propel the country’s socio-economic development agenda. Early this year, the Minister of Finance...

Zimbabwe Mining sector Liberisation

Mineral sector reform has brought mining back to Africa aided by price rises in the early 2000s impacting on investment, growth and poverty reduction and there are no indications that price trends will decline to previous...

Mineral exports in 9 percent jump

Zimbabwe has recorded an 8,7 percent jump in mineral exports to $910 million in the first half of the year compared to the same period last year, statistics from the Minerals Marketing Corporation of Zimbabwe (MMCZ)...

SA platinum giants to hammer out wage deal

When the world’s biggest platinum miners sit down to hammer out a wage deal this week, they’ll hold two potentially winning cards in reserve: the cash and metal stockpiles to endure a strike.Those buffers may prove...

Fidelity reverts back to US$

Fidelity has reverted back to buying rates of 55% USD and 45% RTGS.The country sole buyer had earlier today published the buying rates in local currency. This was in line with government announcement abolishing the multi-currency...

Rushwaya led executive pushes ZMF to another level

Zimbabwe Miners Federation which last week announced a deal with Glow Petroleum to ease fuel problems for the miner, has once again announced a partnership with the country’s sole gold buyer and exporter, Fidelity Printers and...

Mining workers should be given US$790 per month

Zdamwu general-secretary Justice Chinhema told NewsDay Business that mining workers should be given US$790 per month as salary, and not the ZWL$486 they are currently getting. THE Zimbabwe Diamond and Allied Minerals Workers’ Union (Zdamwu) says workers...

Chrome smuggling rejudicing the state of millions

A complex syndicate involving some Chinese nationals and senior government officials is at the centre of  chrome smuggling in Zimbabwe through under declaration of volumes, which have prejudiced the state of millions of dollars in taxes...

MMCZ in chrome investment pitch

THE Minerals Marketing Corporation of Zimbabwe (MMCZ) has assured international stakeholders that demand for chrome ore, ferrochrome and other chrome related products remains very high, thus investing in the sector remains lucrative.Presenting at the just- ended...

RioZim blames government for profit loss

One of Zimbabwe’s leading gold and diamond producer, RioZim which recorded a net loss of USD 2.3 million against a net profit of USD 8.1 million achieved in the prior year, blames government's position on currency...

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