Govt to revive gold roasting plant
The government will this month float a tender of an expression of interest to resuscitate the gold roasting refractory plant in Kwekwe as it moves to increase output of the … Read More
Category: Companies
State Owned ZMDC Claims It Made $1.6 Million Profit From Diamonds Between 2009-2014, After Revenues of $1.6 Billion, Blames Former Minister
State-owned mining company the Zimbabwe Mining Development Corporation (ZMDC) has told the Parliamentary Portfolio Committee on Mines and Energy that it made profits of only $1.6 million in the six … Read More
Pork output down on unviable prices
THE number of slaughtered pigs decreased by 9,6% in the first nine months of 2017 due to the drought experienced in 2015/16 cropping season as well as unviable producer prices … Read More
Zim key minerals exports up 31pc
Zimbabwe’s exports of key minerals rose 31,5 percent in the 10 months to October this year, driven by an increase in high carbon ferrochrome and chrome ore sales. The value … Read More
RBZ injects $7,2m into Zimphos plant facelift
Zimphos is set to complete its plant facelift as the company expects an additional $2,2 million from Reserve Bank of Zimbabwe in addition to the $5 million that has already … Read More
POSB embarks on skills audit exercise
Financial services provider POSB, has embarked on a skills audit exercise as part of its restructuring programme, according to an internal memo seen by The Herald Business. The exercise-being conducted … Read More
ZCDC increases staffing levels
The Zimbabwe Consolidated Diamond Company (ZCDC), has increased its staffing levels by 90 percent as the State diamond mining entity moves to raise diamond production. The wholly Government owned entity … Read More
Powertel unveils vehicle tracking, fleet management solutions
POWERTEL Communications has launched a state-of-the-art communication solution for vehicle tracking and fleet management under its broad product category of Internet of Things (IOT). The new innovation – PowerTrack – … Read More
Tobacco exports rake in $743,3m
Tobacco exports have raked in $743,3 million as at November 17, 2017, a marginal 1,19 percent increase from the comparable prior period. Figures from the Tobacco Industry and Marketing Board … Read More
Chinese railway group inks $393m deal with Zambia
SHANGHAI. — China Railway Seventh Group on Tuesday signed a $393 million agriculture infrastructure development deal with the Zambia, the official Xinhua news agency reported. The Chinese firm will build … Read More
