Zvishavane-Ngezi Member of Parliament John Holder has asked legislators to look at the proposed Gold Trade Act and Precious Stones Act because it does not make much sense for someone caught with 3 grammes of gold to be sentenced to five years in jail while people that got away with diamonds worth $15 billion are scot-free.
Padenga Holdings says ts net income doubled to $4.05 million in the six months to June from $2 million in the comparable period last year on the back of fair value adjustments on biological assets.
Movement for Democratic Change leader is not returning to the country this weekend as had been widely speculated.
Listed media group, Zimpaperstoday reported a net profit growth of 93 percent to $1 million for the six months to June from $570 520 recorded in the same period last year despite a fall in revenue.
Blue Ribbon Industries today said it has put on hold a further $20 million investment to expand its business as it awaits the government to amend its empowerment legislation.