Business

ZIMBABWE Stock Exchange-listed miner RioZim has resumed operations at three of its gold mines after reaching an agreement with Reserve Bank of Zimbabwe (RBZ) over foreign currency allocation. RioZim temporarily closed Cam and Motor in Kadoma, […]

The government says it has identified a foreign investor to revive the Cold Storage Company (CSC) with the refurbishment and operationalisation of the parastatal’s abattoirs expected soon. The financially constrained CSC is expected to make […]

HARARE – Beverages maker Schweppes Zimbabwe Limited (SZL) is failing to meet demand for its products owing to foreign currency shortages impeding its ability to source adequate raw materials. SZL said the foreign currency allocations it […]

AB InBev’s Zimbabwe interest has said the government dithering over a controversial tax on money transfers has led to panic buying of beer and a disruption in fuel supplies, overshadowing a bumper six-month period of […]

Presidential spokesperson, George Charamba has refuted allegations made form some quarters that there is a cartel controlling the importation of fuel into the country. Zimbabwe experienced erratic fuel supplies a few weeks ago resulting in […]

HARARE – Zimbabwe will announce in two weeks the successful bidders for assets owned by state-owned mining company ZMDC, including gold mines, the mines minister said on Monday, adding more companies would be put on […]

HARARE -Zimbabwe’s Muzarabani oil project has the potential to produce 3.9 trillion cubic feet (tcf) of gas and 181 million barrels of conventional gas, Australian-listed firm, Invictus Energy, confirmed this morning. An independent report completed […]