HARARE, February 19 (The Source) – Anglo-American Platinum’s local unit Unki mine produced a record 165,900 platinum group mineral ounces in 2017, an increase of two percent from 162,000oz last year. The world’s largest platinum producer said it expects to complete the smelter at Unki… Read More
By Respect Gwenzi, HARARE, February 19 (The Source) – Simbisa Brands, a local quick service restaurant brand with huge regional exposure and a listing on the ZSE, has announced a firm intention to acquire an international restaurant group once shareholders and regulatory approvals are secured.… Read More
HARARE, February 15 (The Source) – ZB Financial Holdings on Thursday reported a 36 percent rise in net income to $15,51 million for the full year to December, 2017 from $11,43 million in the previous year on increased income.
By Mukasiri Sibanda, February 13 (The Source) – RBZ’s export incentives from 05 May 2016 to 31 December 2017 sterilised mineral royalty revenue by a discounting factor of nearly 86%. This obviously hurts the government’s desire to create fiscal space, when revenue generation is constricted… Read More
HARARE, February 8 (The Source) – Zimbabwe’s largest ferrochrome miner, Zimasco on Thursday announced that it had come out of judicial management after nearly two years.
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) – 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) – Regional cement manufacturer, Pretoria Portland Cement (PPC) says sales at its Zimbabwean operation increased by between 30 to 40 percent for the nine months to December 31, 2017.
HARARE, February 1 (The Source) – The Zimbabwe International Trade Fair (ZITF) Company says plans to construct a 300-bed hotel and convention centre at its Bulawayo grounds will go ahead after completing a feasibility study for the project.
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.
HARARE, February 1 (The Source) – Zimplats reported a 69 percent increase in profit from operations to $40,8 million in the second quarter to December from $24 million last, driven by an increase in sales and firmer prices.
HARARE, January 31 (The Source) – Australian-listed junior minor Prospect Resources says it has raised $10 million in capital via a private placement which was oversubscribed.
HARARE, January 31 (The Source) – CFI Holdings reported an after tax profit of $879,800 for the year ended September 31, 2017 from a $45 million loss in the prior year, driven by a 45 percent increase in revenue.
HARARE, January 30 (The Source) – Agro-industrial group TSL on Tuesday reported a 75 percent increase in net income to $4,8 million in the full year to October 2017 from $2,8 million in the previous year, driven mainly by a recovery of the company’s agriculture… Read More
HARARE, January 30 (The Source) – Gold producer Pan African Resources (Panaf) says that it is in exclusive negotiations with ASA Resource Group to acquire assets and liabilities in Zimbabwe.