Positive sentiment returns to ZSE

HARARE, December 5 (The Source) – Positivity returned to the market on Thursday, with the industrials index edging up slightly by 0.13 points to 212.84 points. Trading was dominated by Econet, which contributed 82 percent of the total value of trades with over 3.5 million… Read More

Hwange local board in the red

VICTORIA FALLS, December 4 (The Source) – Hwange Local Board is owed over $1 million by residents and businesses in the coal mining town and is struggling to provide basic services, an official said on Wednesday. A government’s decree in July for local councils to… Read More

$97mln solar plant for Gwanda

GWERU, December 4 (The Source) – Zimbabwe’s power company plans to build a ‘solar farm’ next year in Gwanda,  south of the country with capacity to produce 100 megawatts at a cost of $97 million to shore up power supplies, a company spokesperson said on… Read More

Govt to lower mining royalties

HARARE, December 3 (The Source) – Government will lower royalties from mineral sales, particularly for gold miners in a bid to shore up deliveries and resuscitate its refinery, Fidelity Printers, the mines minister has said. Zimbabwe wants to reopen Fidelity, a subsidiary of the central… Read More