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Zim to up cigarette manufacturing

HARARE – Government’s efforts to engage Chinese and South African companies for the setting up of cigarette manufacturing plants will reduce the…

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ACR’s Dalny Mine deal approved

HARARE – AIM-listed miner African Consolidated Resources (ACR)’s acquisition of Falcon Gold Zimbabwe’s (Falgold) Dalny Mine (Dalny) and associated infrastructure is on…

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Zim exits deflation

HARARE – Zimbabwe is slowly emerging out of a deflationary phase, amid central bank hopes that an increase in broad money supply…

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ZPC misses power target

GWERU – Zimbabwe Power Company (ZPC) has missed its power production target by 4,05 percent from the initial 4758,13 GWh to 4565,41…

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Zim import bill nears $10bn

HARARE – Zimbabwe’s import bill is set to reach $10 billion by year-end as imports continue to balloon against declining exports, economists…

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OM projects gloomy Zim outlook

HARARE – Insurance giant Old Mutual plc (OM) says its Zimbabwean prospects are subdued due to the country’s economic downturn. “Zimbabwean prospects…

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Blanket Mine’s gold output down

HARARE – AIM-listed Caledonia Mining Corporation (Caledonia) says gold production at its Zimbabwe-based Blanket Mine (Blanket) declined from 22 060 ounces in…

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