News

Zimbabwe’s latest mineral sales report paints a mixed picture—volumes are up, but lower commodity prices have weighed heavily on earnings. But there’s a bright spot: steel has returned to the country’s export list for the first time in many years. Mineral exports—excluding gold—grew by 16% in volume during the first quarter of 2025, but earnings […]

RESOURCES group RioZim Limited’s liquidity shrank by nearly 8% in its half-year performance for the period ended June 30, 2024 amid a widening loss on a drop in gold production. During the period under review, RioZim had ZiG0,20 for every ZiG of short-term debt, a drop from ZiG0,218 recorded in the comparable period last year. […]

TRAINING and Advisory Services (TAS) managing director Webster Sigauke has said data collection for environmental, social and governance (ESG) reporting remains a challenge as most companies cannot track their sustainability efforts. At the beginning of the year, the Zimbabwe Stock Exchange mandated that all listed entities on the bourse and the Victoria Falls Stock Exchange […]

THE Sheriff of Zimbabwe has been ordered by the High Court to attach all properties owned by the Al Jazeera Media Network in Zimbabwe as security costs after one of its sources in the investigative documentary Gold Mafia filed an application suing them for US$2 million. Mehluli Dube, the applicant, had approached the court claiming […]

Gas exploration company, Zim Gas, is optimistic that it would successfully drill at least 10 wells in Zimbabwe’s Western region confident, beginning in the first quarter of next year. The project, according to the company executives, has garnered huge interest from corporates including cash-rich diversified conglomerate, Innscor Africa Limited and one of leading retailers in […]