Daily Archives: February 22, 2016

Mining sector in dire need of attention

Mining sector in dire need of attention

The mining sector was, until recently, the most viable and most promising sector in Southern Africa. This rising trend was also evident in Zimbabwe over the course of the past…

Zimplats embarks on Ngezi expansion project

Zimplats embarks on Ngezi expansion project

Zimbabwe’s biggest platinum producer, Zimplats said it is going ahead with its Ngezi Phase 2 expansion project in spite of an earlier announcement that it will be postponing some…

ZPC to maintain Kariba power generation at 285MW

ZPC to maintain Kariba power generation at 285MW

The Zimbabwe Power Company can sustain power generation at the revised permissible level of 285 megawatts after Zambezi River Authority reduced water allocation for the utility’s Kariba Power Station…

Central banks alone cannot conjure growth

Central banks alone cannot conjure growth

“The central bank is neither God nor a magician who can turn uncertainties into certainties.” So, Zhou Xiaochuan, governor of the People’s Bank of China, this week articulated the…

‘85 percent of SMEs yet to be licensed’

‘85 percent of SMEs yet to be licensed’

ABOUT 85 percent of Small to Medium Enterprises are yet to be licensed by the local authorities, official figures from the Ministry of Small and Medium Enterprises and Co-operative…

Procurement Draft Bill complete

Procurement Draft Bill complete

THE Public Procurement Draft Bill, which seeks to overhaul and modernise the public procurement system is now complete and is expected to become law by June this year. Some of…

PPC appoints new Masiyane as MD for Zimbabwe unit

PPC appoints new Masiyane as MD for Zimbabwe unit

Regional cement producer PPC has appointed Kelibone Masiyane as managing director for its Zimbabwean unit, replacing Njombo Lekula who was redeployed within the group. “Following the recent re-deployment of…

Hwange Colliery restated accounts show H1 losses at $44mln

Hwange Colliery restated accounts show H1 losses at $44mln

Struggling coal miner Hwange Colliery Company (HCC)’s restated unaudited financial results for the six months to June 30 last year showed that losses skyrocketed by more than 400 percent…

Updated – Govt shuts down Marange diamond miners for resisting nationalisation

Updated – Govt shuts down Marange diamond miners for resisting nationalisation

The Zimbabwe government on Monday ordered all diamond miners in the east of the country to shut down operations after they declined its proposals to nationalise the industry, adding that…

Govt orders Marange diamond mining firms to stop operations

Govt orders Marange diamond mining firms to stop operations

GOVERNMENT on Monday given all diamond mining companies in Marange a 90-day ultimatum to remove equipment after ordering them to halt operations with immediate effect for rejecting a proposal…

error: Content is protected !!
});