Coal miner, Hwange Colliery Company (HCC) said it would resume underground mining operations during the last quarter of 2017 following delivery of new equipment.
By barring Kwese TV, the Zimbabwe government has shown a trademark tendency: for political reasons, it will jealously hold on to a business it does not know how to run.
Financial services group, Old Mutual Zimbabwe yesterday commissioned a $5.7 million mini hydro power plant in Chipinge district, southeast of Zimbabwe.
First Mutual Holdings Limited (FMHL) is seeking shareholder approval to raise $17.25 million through a rights issue to finance the acquisition of a 80.92 stake in Zimbabwe’s largest short-term insurer NicozDiamond.
The leaders of the two factions of the Movement for Democratic Change Morgan Tsvangirai and Arthur Mutambara were ready to reunite the two factions as early as November 2006 but hardliners from the two factions “passionately” resisted the move.
Barclays Bank Zimbabwe reported a 191 percent increase in net income to $9.5 million in the half-year to June from $3.3 million reported in the comparable period last year on increased income.