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ACR seeks funding for Zim mine

HARARE – AIM-listed African Consolidated Resources (ACR) says negotiations with potential investors are at an advanced phase for possible funding for its…

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Kingstons on verge of collapse

HARARE – Kingstons Holdings Limited (Kingstons) — a stationery group 51 percent owned by the government — is reportedly on the verge…

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Kanyekanye faces chop

HARARE – Capital Bank (Capital) controlling shareholder, the National Social Security Authority (NSSA), is working with the financial institution’s board to remove…

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UNWTO tender row rages on

HARARE – As Tourism minister Walter Mzembi has awarded a lucrative United Nations World Tourism Organisation (UNWTO) conference organiser’s contract to Africa…

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Gold miners seek $100m capital

HARARE – Zimbabwe’s small-scale miners say they require at least $100 million for recapitalisation and to boost production. According to the Mines…

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Zimplow disposes Puzey & Payne

HARARE – Zimplow Holdings (Zimplow) has disposed of its motor vehicle dealer Puzey & Payne to management. Maxwell Chinorwadza, Company Secretary said…

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Russians eye Zim diamonds

HARARE – Russian firm ALROSA is planning to establish diamond mining operations in Zimbabwe. The group — one of the largest diamond miners…

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