HARARE, February 8 (The Source) – Australian listed junior miner Prospect Resources says it will start exploration of rare earth elements (REEs) at its Chishanya carbonatite project in Dorowa, in eastern Zimbabwe.
HARARE, February 8 (The Source) – Zimbabwe will stick to the deadline to phase out the high sulphur diesel 500 by the end of this month and cut the price of the cleaner diesel 50 by about nine percent, energy minister Simon Khaya Moyo has… Read More
By Kuda Chideme, HARARE, February 7 (The Source) – The Reserve Bank of Zimbabwe (RBZ) says it is negotiating a $1,5 billion loan guarantee with the African Export and Import Bank (Afreximbank) to protect foreign investor funds from the country’s high risk profile and for… Read More
HARARE, February 7 (The Source) – Stepping off his private plane in Harare on Tuesday night, in white shirt and blue jeans, billionaire Dmitry Mazepin represents both the hope and fear under President Emmerson Mnangagwa’s “open for business” crusade.
HARARE, February 6 (The Source)- The Zimbabwe Stock Exchange All Shares Index eased 0,11 percent to close at 90,84 points on Tuesday.
VICTORIA FALLS, February 5 (The Source) – Zimre Holdings’ property unit has commenced construction of a $13 million shopping complex in Victoria Falls with completion expected next January.
HARARE, February 5 (The Source) -The Zimbabwe Stock Exchange (ZSE) mining index eased 1,71 percent on Monday to 128,19 points weighed down by losses in Bindura Nickel Corporation (BNC) which was down 7 percent to trade at 3,72 cents.
HARARE,February 5 (The Source) – State owned miner, Zimbabwe Mining Development Corporation (ZMDC) is seeking partners to invest in two of its gold mines and a lithium concern among others.
HARARE, February 5 (The Source) – The value of transactions processed through the National Payment System (NPS) in the last week of January declined by six percent from $1,8 billion in the previous week to $1,7 billion owing to a decline in Real Time Gross… Read More
HARARE, February 5 (The Source) – Foreign buyers are making a comeback on the Zimbabwe Stock Exchange (ZSE), buying shares worth $30 million over the past two months after nearly two years of selloffs, as investor confidence returns on the local bourse.
By Kaushik Basu, The African Development Bank (AfDB) has just published its African Economic Outlook for 2018. This year’s revamped publication – shorter than usual, analytically well-structured, and written in lucid prose, without hyperbole – in some ways mirrors Africa’s own transformation, as it raises… Read More
HARARE, February 2 (The Source) – Britain has welcomed Zimbabwe’s decision to issue 99-year leases to white farmers, which ended Harare’s over a decade long policy of racial discrimination in agriculture, saying it was an ‘important signal to international investors.’
HARARE, February 2 (The Source) – The International Monetary Fund (IMF) says its relationship with Zimbabwe is evolving in a positive way but notes that a ‘concerted international effort’ will be required to revive and reintegrate the southern African country’s struggling economy
HARARE, February 1 (The Source) – The Zimbabwe Stock Exchange All Shares index slightly gained 0,08 percent to close at 91,39 points on Thursday, with trades restricted to a few counters.
HARARE, February 1 (The Source) – AIM listed junior miner Vast Resources said gold production at its Pickstone-Peerless mine in Chegutu increased by 28 percent to 6,057 ounces in the fourth quarter ending December 2017 compared to 4,738 ounces recorded in September.