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Zim snubs China’s CMEC

HARARE – Zimbabwe has officially awarded the $1,3 billion Hwange Power Station (HPS) expansion tender to Sino Hydro Corporation (SHC) after cancelling…

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Savanna plans $2m Moza plant

HARARE – Cigarrette maker Savanna Tobacco (Savanna) plans to invest €1,5 million (about $2 million) in the construction of a packaging plant…

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Minerals value slumps 8pc

HARARE – The total value of minerals Zimbabwe produced in the four months to April 2014 — excluding diamonds — declined by…

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NetOne seeks partner

HARARE – State-owned wireless network operator NetOne says it urgently needs a strategic partner to inject fresh capital. Its chief executive, Reward…

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Zim to install mining cadastre

HARARE – Zimbabwe has floated a tender for the development and installation of a mining cadastre information system to help ascertain the…

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Telecel boss resigns

HARARE – Telecel Zimbabwe (Telecel)’s chief commercial officer Ashraf Elguindy has resigned. His sudden resignation, in yet unclear circumstances, comes on the…

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Zim investors set for Mozambique

HARARE – Zimbabwe’s trade facilitation body, ZimTrade, will be spearheading an investment mission in Mozambique as part of efforts to have local…

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Dalny weighs down Falgold

HARARE – Falcon Gold Zimbabwe Limited (Falgold) says its mothballed Dalny Mine (Dalny) weighed down profits for the half year to March…

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