HARARE, October 5 (The Source) – Blanket Mine, a 49 percent owned subsidiary of Canada-listed Caledonia Mining Corporation, produced 14,389 ounces of gold in the third quarter ended 30 September, a new quarterly record for the mine.
HARARE, October 5 (The Source) – Zimbabwe’s tax agency on Thursday said it surpassed its September revenue target of $326,49 million by 14,34 percent on increased tax compliance.
HARARE, October 4 (The Source) – The Zimbabwe Stock Exchange on Wednesday advanced 1,27 percent to 432,96 points while the mining index gained 0,82 percent to 140,71 points on heavyweights. Market capitalisation reached $12,2 billion while market turnover amounted to $3,6 million. Delta gained 0,22… Read More
HARARE, October 4 (The Source) – The National Social Security Authority (NSSA) says its plans to invest in the Cold Storage Commission (CSC) will not be affected by the meat processors legacy debts which are being dealt with in a recently approved scheme of arrangement.… Read More
By Mukasiri Sibanda, HARARE, October 3 (The Source) – “A wealth of information and poverty of attention” is often used against civil society organisations (CSOs) and their inability to understand data. To dispel this notion CSOs, especially the Publish What You Pay (PWYP) campaign in… Read More
HARARE, October 3 (The Source) – Zimbabwe is on course to meet its target to produce 28 tonnes of gold by year end, driven by increased output from artisanal miners, Finance Minister Patrick Chinamasa has said. Gold production in the southern African nation has… Read More
HARARE, October 3, (The Source) – The proposed investor for PG Industries, Dewei Investments says it has received regulatory approvals and will proceed to pay off the building materials manufacturer’s shareholders and creditors this month. The approvals confirm a bailout that has been uncertain after… Read More
BULAWAYO, October 3 (The Source) – Botswana retail group Choppies says its net profit for the full year ended 30 June 2017 is expected to be lower than the previous year on losses accrued from new regions. The group which has more than 30 outlets… Read More
HARARE, October 2 (The Source) – Listed property firm, Dawn on Monday reported an 81 percent drop in profit for the six month period to June 30, to $90,442 compared to $480,019 last year after an increase in expenses.
HARARE, October 2 (The Source) – Zimbabwe has suspended import duty on fertilized poultry eggs for a six month period in a bid to revive poultry production following successive outbreaks of Avian Influenza in the country Zimbabwe was hit by two outbreaks of the highly… Read More
HARARE, October 2 (The Source) – Simbisa Brands reported a net income of $6,3 million, up from $5 million last year driven by an eight percent growth in revenue. Revenue grew from $146,6 million in the same period last year to $158,9 million as… Read More
HARARE,September 29 (The Source) – Hwange Colliery Company reported a 23 percent decline in revenue to $18,8 million in the six months to June from $24,5 million last year weighed down by weak sales as a result of low production volumes. Between January and… Read More
HARARE, September 29 (The Source) – Deposit taking microﬁnance institution, GetBucks on Friday reported a 20,6 percent increase in after tax profit to $3,6 million in the full year to June from $3 million in the previous year on increased interest income. Total income increased… Read More
HARARE, September 29 (The Source) – Rainbow Tourism Group (RTG) narrowed its half year loss from $2,9 million last year to $307,950.
HARARE, September 29 (The Source) – Transport and logistics group, Unifreight reported a profit from continuing operations of $565,000 during the half year period to June 30 compared to a loss of $71,000 same period in 2016.