Invictus impressed with milestones
AUSTRALIA oil and gas exploration firm, Invictus Energy is basking in the glory of milestones posted in the quarter to December setting a strong pathway towards development. The successes are … Read More
Category: #Top
No more new appeals for blocked funds – Mthuli
Finance, Economic Development and Investment Promotion Minister, Professor. Mthuli Ncube said on Wednesday that Government will no longer accept new applications for release of blocked funds. He said registration of … Read More
Nyemudzo takes over as Air Zim chair, exit Mtasa
Veteran banker, Never Nyemudzo, has been appointed new chairperson of Air Zimbabwe, taking over from business executive Chipo Mtasa who resigned recently. Mutasa stepped down from the national airline board … Read More
Prospect strikes high-grade lithium
PROSPECT Resources says it is pleased with the final outcome from its phase 3 drilling at Step Aside last year, which has unearthed high-grade lithium deposits. The Australia Stock Exchange-listed … Read More
Zimbabwe International Trade Fair highlights local entrepreneurship as a catalyst for industrialization and trade
ZIMBABWE International Trade Fair (ZITF) Company has started preparations for this year’s trade showcase, amplifying the important role being played by local entrepreneurs in industrialising the economy through innovation, creativity … Read More
RBZ forex policy chokes exporters
LISTED agricultural concern Ariston Holdings says the 25% export retention coupled with the huge disparity between the interbank exchange rate and the fair market rate used by suppliers is making … Read More
Foreign investors ditch Zim capital markets
FOREIGN investors continue to lower their interest on the local capital markets, with investor participation on annual value traded averaging 3%, due to policy inconsistency and inflation, leading research firms … Read More
Metallon to resume operations at Mazowe Mine
Metallon Corporation says it is taking steps to resume underground shaft operations at its Mazowe Mine Company (MMC) as part of a corporate strategy that will also entail reintroducing shaft … Read More
ZSE last week closed with price gains
During the past week, the Zimbabwe Stock Exchange (ZSE) was characterised by price gains across most counters, supported by significant volumes. Platinum Securities in their weekly review said; “We noted … Read More
Mounting inflationary pressures haunt economy as year-on-year inflation paces to 38,8 pc
Zimbabwe’s year-on-year inflation surged to 34,8 percent in January, data by ZIMSTAT reveals. This marks an increase from 26,5 percent in December 2023, raising concerns about rising living costs and … Read More
