News

ZIMBABWE’s fuel could have been much more expensive had it not been for the reintroduction of blending, Zimbabwe Energy Regulatory Authority (ZERA) has said, notwithstanding that its price is now the highest in Africa. Authorities last week hiked fuel prices to US$1,71 for diesel and US$1,63 for petrol with the increase prompted by the Russia-Ukraine […]

LAWYERS representing scores of workers and their families who were recently evicted from Bindura-based Ran Mine were last week making frantic efforts to secure their return. Ran Mine Private Limited, a gold asset that has been at the centre of a protracted dispute between Zimbabwean investors, lurched into fresh controversy after evicting the former workers […]

A GROUP of people, who recently invaded Dandee 5 mine in Kezi, Matabeleland South, are reportedly threatening Kezi prosecutor Mufaro Ndirayire, who is handling the case. The invaders, believed to be from Harare, overran the mine last month and the mine owner Ndodana Moyo has alleged that the invaders were being backed by a senior […]

What do you do when your company has claims of close to half a billion US dollars against it? Strip its assets and hide them under another company. Internal documents reveal how the Zimbabwe government plans to strip assets from its state-owned mining company to stave off US$467 million in claims from creditors. Through the […]

THE Zimbabwe Federation of Trade Unions is being sued by its affiliate, the Zimbabwe Diamond and Allied Minerals Workers Union (ZDAMWU), over a general conference scheduled for next month. ZDAMWU has filed an urgent High Court application, seeking to stop the conference. ZFTU Secretary General, Kenias Shamuyarira, is being accused of trying to illegally impose […]