Local

THE sight of an oil rig jutting out of the largely hostile Zambezi Valley is undoubtedly enthralling for Zimbabwe, a nation that has been on a rough patch for more than two.

THE Reserve Bank of Zimbabwe (RBZ) has made an unverifiable claim that the uptake of gold coins has so far reached ZW$9 billion mark, with corporates dominating the list of buyers.

The development,.

A perfect storm of breakdowns at Hwange’s aged power plants, failure of a unit at Kariba, and a fire that took out transmission lines caused the worst outages in years this week,.

TWO men from Chikuti near Chinhoyi were bludgeoned to death using machetes Thursday as artisanal miners engaged in a bloody battle over a woman.

The deceased have been identified as Tinashe Nyanguwo (38).

THE major power blackout that hit Zimbabwe on Tuesday and Wednesday was reportedly a result of a massive explosion at Hwange Power Station’s power generation Unit 4 on Tuesday.

Hwange, with an installed.

Russian miner Alrosa PSJC has discovered 22 new diamond deposits in Zimbabwe, according to the southern African nation’s president, Emmerson Mnangagwa.

Alrosa will only be allowed to work on two of the diamond.

NATIONAL power utility, Zesa Holdings almost doubled power tariffs on Monday as it battles to offset a drop in imports from South Africa and internal problems at its power plants.

Tariffs for one.

A TRADE union has given the Zimbabwe Stock Exchange-listed resources outfit RioZim a seven-day ultimatum to recapitalise and settle outstanding salaries or face administration.

In a letter addressed to RioZim chairperson Saleem Rashid.

AUSTRALIA Stock Exchange (ASX)-listed energy explorer, Invictus Energy, kicked off drilling the first of two test wells at its Zimbabwe-based Cabora Bassa claims on Friday, marking an important step in its search.

Zimbabwe’s first satellite — ZimSat-1 — will reach the International Space Station (ISS) next month before its launch into orbit in November, marking the country’s entry into space after a two-month delay.