Informal mining activities give farmers headaches
FOR Esnath Tshabangu, a communal farmer in Filabusi, Matabeleland South province — about 100km south-east of Bulawayo — farming is no longer a profitable business. She used to make a … Read More
Author: Bulls n Bears
Premier recommences drilling at Zulu lithium project
Zimbabwe-focused diversified miner, Premier African Minerals has announced plans to recommence drilling at its wholly-owned Zulu lithium and tantalum project. The Zulu Lithium and Tantalum Project is an advanced stage … Read More
RBZ mops up $2bn excess liquidity
The Reserve Bank of Zimbabwe (RBZ) savings bond has to date attracted $2 billion from the market, and now accounts for around 20 percent of all the real time gross … Read More
Relief for exporters . . . RBZ bends on 30-day retention period . . . Industry proposes up to 180 days
The Reserve Bank of Zimbabwe will allow exporters to keep part of their export proceeds before compulsory conversion to local currency for periods longer than the prescribed 30 days in … Read More
Getbucks posts improved results
GetBucks Microfinance Bank Limited’s loan book for the six months ended December 31, 2018 grew by 52 percent to $32,3 million up from $21,6 million, financial statements released by the … Read More
Art partners Botswana-based firm . . . Company eyes export-led growth . . . Kadoma Paper Mill now operating full throttle
Amalgamated Regional Trading (ART), has secured a partnership deal with a Botswana based firm for the distribution of its products in the Southern African country to increase volume growth as … Read More
Arcadia Lithium Project gets SEZ status
The Zimbabwe Special Economic Zones Authority (ZIMSEZA), has granted Prospect Resources’ Arcadia Lithium Project Special Economic Zone (SEZ) status, Business Weekly can reveal. A SEZ is an area in … Read More
Masisi signs off 1bn pula facility
Botswana President Dr Mokgweetsi Masisi has confirmed the 1 billion pula Botswana credit facility that will be channelled towards Zimbabwe’s private sector. Fielding questions from journalists at the close of … Read More
Econet wins $100m tax evasion case
THE Supreme Court yesterday dismissed claims by the Zimbabwe Revenue Authority (Zimra) that it was owed $100 million by Econet Wireless through tax evasions. The curtain closed on a near … Read More
Harare Racks In $1,5 Million From Vendors
Harare City Council collected $1,5 million from vendors in 2018. The figure was, however, lower than the Council’s projected income. This was revealed during a full council meeting held recently. … Read More
