Sandawana Mines lays off 300 workers, pays them off
KUVIMBA Mining House subsidiary, Sandawana Mines, has paid off 300 workers that it laid off owing to the effects of declining global lithium prices, NewsDay Business can report. As of … Read More
Category: Uncategorized
Over 160 elephants die in Zim as climate change exacerbates threat
Drought conditions in Zimbabwe have led to the deaths of at least 160 elephants between August and December last year in Hwange national park, home to various endangered species, reported … Read More
Economists bodies sign three-year MoU
The Institute of Certified Chartered Economists (ICCE) and Zimbabwe Economics Society, (ZES) signed a three-year memorandum of understanding (MoU) to professionalise the economics profession so that the country has certified … Read More
ZimTrade empowerment programmes get new partners
THE successful implementation of ZimTrade’s empowerment programmes targeting women and the youth — Next She Exporter and Eagles Nest — has seen it partner with the Pan African Bank, EcoBank … Read More
Cottco calls for presidential input scheme audit
STATE-RUN Cotton Company of Zimbabwe (Cottco) chief operating officer Munyaradzi Chikasha has called for a probe into how farmers are utilising inputs under the presidential input scheme. Government introduced the … Read More
Karo’s giant platinum mine progressing well
South African firm, Tharisa Capital, says plant construction and pilot mining at its Karo Platinum Project in Zimbabwe are progressing well, with the project having attained 536 363 lost time, … Read More
AMA marks World Cotton Day
THE cotton sector benefitted more than 270 000 farmers during the 2022/23 season while 600 000 people benefitted indirectly buttressing its strategic importance towards the attainment of an upper middle-class … Read More
US$600m set aside for 2023/24 farming season
GOVERNMENT has set aside over US$600 million for the 2023/24 farming season while the Bankers Association of Zimbabwe has committed $68 billion and US$160 million as the Second Republic steps … Read More
Canadian lithium firm unearths evidence of large deposits in Mutare
CANADA-based lithium exploration and development company, Li3 Lithium Corporation, has announced the discovery of lithium mineralisation on a 1,2 kilometre stretch at Nels Luck pegmatite target, during the ongoing exploration … Read More
BNC incurs heavy loss
KUVIMBA Mining House subsidiary, Bindura Nickel Corporation (BNC), incurred a loss in the quarter ended June 2023 after experiencing the disproportionately high operating costs and low production during the period … Read More
