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Zimplats shuts Bimha Mine

HARARE – Zimbabwe’s largest platinum producer, Zimplats, could lose up to $100 million following the closure of its Bimha Mine. Alex Mhembere,…

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TA Holdings takeover on course

HARARE – Investment group TA Holdings Limited (TA) is seeking applicable regulatory approvals to prepare for its takeover by London-listed Masawara’s wholly-owned…

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ZTA owed over $300k in levies

HARARE – Zimbabwe Tourism Authority (ZTA) has instituted legal proceedings to compel operators in the hospitality industry to remit outstanding levies collected…

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RBZ finally pays Meikles debt

HARARE – Reserve Bank of Zimbabwe (RBZ) has begun payments of a 16-year-old debt to diversified conglomerate, Meikles Holdings Limited (Meikles). John…

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Mwana eyes job creation

HARARE – Africa-focussed resources group, Mwana Africa plc (Mwana) says the resumption of smelting at its Zimbabwe unit Bindura Nickel Corporation (BNC)…

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Katsande exits Nestle

HARARE –  Nestle Zimbabwe Limited (Nestle) managing director Kumbirai Katsande is set to step down from the helm of the Swiss multinational…

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ZSE turnover declines 12 percent

HARARE – Zimbabwe Stock Exchange (ZSE)’s monthly turnover for July declined by 12 percent to $25,22 million while lurching 42 percent lower…

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Another airline departs

HARARE – Egyptian airline, Egyptair, has decided to roll back its Zimbabwean operation from next month, adding to woes of a flagging…

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