HARARE, July 20 (The Source) – Platinum production at Unki Mine for the second quarter to June 30 rose 10 percent to 19,500 ounces compared to 17,800 ounces in the same period last year largely on improved efficiencies at the mine.
HARARE, July 20 (The Source) – Agro industrial group Zimplow has posted $263,000 profit after tax for the six months to June from a $2 million loss in the comparable period last year.
HARARE, July 20 (The Source) – The Zimbabwe Stock Exchange (ZSE) has outperformed its regional bourses in the year to date as locals sought to cover in equities from a currency crisis, with both the industrial and mining index advancing 100,54 percent and 179,13 percent… Read More
HARARE, July 20 (The Source) – Beverage giant Delta Corporation on Thursday reported a two percent increase in revenue for the first quarter to June 30 relative to the comparable period last year driven by volume growth in most segments.
By Kuda Chideme, HARARE, July 19 (The Source) – Finance Minister Patrick Chinamasa will on Thursday take to the Parliament to review the country’s performance in the half-year and give an outlook for the rest of the year.
BULAWAYO, July 19 (The Source) — Zimbabwe is planning to release one million hectares of protected land to small-scale gold miners across the country to boost production, Mines and Development deputy minister, Fred Moyo has said, a development that threatens wildlife areas.
HARARE, July 19 (The Source) – Hardware company, Fabco Private Limited, is seeking new investors to turnaround the company after creditors voted to put it under final judicial management.
HARARE, July 19 (The Source) – Zimbabwe is seen returning to positive economic activity in 2017 on improved agricultural performance but fiscal pressures remain, a leading research company has said.
HARARE, July 18 (The Source) – The Zimbabwe Electoral Commission (ZEC) says it has submitted a $274 million funding proposal to enable the southern African country to hold polls next year, a development seen loading more debt on the struggling economy.
By Kuda Chideme, HARARE, July 17 (The Source) – A tree planting programme targetted at offsetting deforestation caused by Zimbabwe’s growing population of tobacco farmers is in limbo as two government bodies tussle for control of a million dollar fund set up to finance regreening… Read More
HARARE, July 17 (The Source) – Cotton farmers will receive $40 in cash per bale upon delivery while the balance will paid directly into their accounts, central bank governor John Mangudya has said.
HARARE, July 17 (The Source) – Zimbabwe’s inflation rate slowed to 0.31 percent year-on-year in June from 0.75 percent in May, the Zimbabwe National Statistics Agency said on Monday.
HARARE, July 14 (The Source) – Struggling state-owned National Railways of Zimbabwe (NRZ) only has 60 operational locomotives, some as old as 50 years and owes its workers $90 million in unpaid salaries, according to a Parliamentary Portfolio Committee report. NRZ has a fleet of… Read More
By Kuda Chideme, HARARE, July 14 (The Source) – Reserve Bank of Zimbabwe (RBZ) Governor John Mangudya on Wednesday told a business symposium organized by the University of Zimbabwe that the country had received $2,8 billion in foreign currency receipts between January and June. By… Read More
HARARE, July 14 (The Source) – The Zimbabwe Stock Exchange industrial index advanced 0,24 percent to close the week on 198,41 points, driven by slight gains in some heavyweight counters. The mining index eased 1,13 percent to settle at 69,19 points. Market capitalisation increased by… Read More