US$6mln injected into Eureka gold project Q1
A TOTAL of US$6 million has been invested into the Eureka gold mining project during the first quarter bringing the cumulative capital expenditure to US$39,3 million. Eureka Gold Mine in … Read More
Author: Bullszimbabwe
R25m legacy debt haunts Medtech Holdings
DIVERSIFIED retail and services group, MedTech Holdings, is struggling to clear ZAR25,5 million in legacy debt owed to foreign creditors.Last year, the listed company said its going concern status was … Read More
Digital transformation key cornerstone to NDS1: Minister
THE need to pursue a digital transformation agenda is more relevant than ever before and for Zimbabwe this must be the cornerstone for the success of the National Development Strategy … Read More
Excessive rains frustrate Rio-Zim Q1 operations
DIVERSIFIED mining group, RioZim, says gold production across its operations took a dip during the first quarter 2021 as excessive rains pounded most parts of the country. While the 2020/2021 … Read More
Dubai an opportunity to grow export base, Sunspun
Fruit and vegetables producer and distribution company, Sunspun, is looking at diversifying its market reach to as far as Dubai and the United Arab Emirates, managing director Tafadzwa Katemauswa has … Read More
Delinquent tobacco contractors, farmers must face the music
THE Tobacco Industry and Marketing Board (TIMB) recently took the ‘gloves off’ route and suspended a tobacco contractor, Victory Services, from buying tobacco from its contracted growers in Rusape after … Read More
US$120m forex allotments backlog cleared
The bulk of the US$120 million backlog in the foreign currency auction allotments has been cleared with the Reserve Bank of Zimbabwe (RBZ) last week releasing US$100 million, Governor Dr … Read More
Suspension of maize imports saves US$300m
ZIMBABWE will save over US$300 million following the move by the Government to suspend maize imports on the back of a bumper harvest the country has achieved this year. Owing … Read More
Byo tour: President’s faith in private sector hailed
PRESIDENT Mnangagwa’s visit last week to Bulawayo is clear testimony that Government is ready to give an ear to the private sector and attract investment both foreign and local, analysts … Read More
Zim ripe for investors’ picking . . . President charms Italian delegation
There is no better time to invest in Zimbabwe as Government has created a conducive environment anchored by its economic blue print, the National Development Strategy 1, President Mnangagwa yesterday … Read More
