
RioZim woes mount
THE Zimbabwe Stock Exchange-listed resources outfit RioZim is in danger of collapsing if action is not taken quickly, a trade union warned yesterday, asking the government to step in and preserve jobs.
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THE Zimbabwe Stock Exchange-listed resources outfit RioZim is in danger of collapsing if action is not taken quickly, a trade union warned yesterday, asking the government to step in and preserve jobs.
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The new Unit 7 at Hwange Thermal Power Station is expected to come on the grid on 16 March while Unit 8 is expected to come on line April.
This was said by.

THE Zimbabwe Consolidated Diamond Company (ZCDC) chief executive officer (CEO) Mark Mabhudhu was suspended on Monday for reportedly stalling the corrupt purchase of Kuvimba Mining House (KMH)’s 33% shares in Great.

By Staff Writer
IN a huge victory for Israeli investor Ofer Sivan, the High of Zimbabwe has blocked the ‘illegal’ hostile takeover of earth moving equipment business, Adelcraft Investments, by Gillad Shabtai and.

Mines deputy minister Kambamura has been sucked in a mining wrangle pitting his ally Hillary Mutandwa against Phillip Makunze, a leaked police memo from Sanyati Police Station to Kadoma district police officer.

The Environmental Management Agency (EMA) has shutdown two lithium mines in Goromonzi district in Mashonaland East province for allegedly operating without environmental impact assessment (EIA) certificates.
The companies are TN Gold and Shengxiang Mining Investments, according to NewsDay.
TN Gold was fined.

AUSTRALIA Stock Exchange (ASX)-listed energy explorer Invictus Energy says it has received “interest from industry partners” to take part in the Cabora Bassa project due to positive results obtained from Mukuyu-1.

Zimbabwe’s thermal power generation dropped significantly on Tuesday 28 February 2023, with Hwange Thermal Power Station producing only 74 megawatts (MW) against the 920MW installed capacity.
The three small thermal stations – Bulawayo,.

REVENUE at the Australia Stock Exchange (ASX)-listed mining giant Zimplats decreased by 7% to US$545,5 million for the half-year ending December 31, 2022, compared to the same period the previous year.
The decline.

THE Ministry of Industry and Commerce has requested President Emmerson Mnangagwa to intervene in a mining wrangle between Chemplex Corporation and a former executive with the Industrial Development Corporation of Zimbabwe (IDCZ),.