African Sun Limited overturned a half year 2016 loss position of $560 000 to a net profit of $190 000 in 2017 largely driven by the growth in revenue and cost management initiatives.
Though President Robert Mugabe has told the military to stay in the barracks implying that they should stay out of politics, there can never be a coup in Zimbabwe as long as Mugabe is alive, so says an American academic, Alexander Noyes in the Washington Post.
Finance Minister Patrick Chinamasa said yesterday the government will allow local authorities with sound financial management systems in place to issue bonds and raise finance for infrastructural development.
The Environmental Management Agency (EMA) says state- owned mining companies usually start operating without proper regulatory approval, in defiance of the Environment Management Act.
AIM-listed junior miner, Premier African Minerals says it has discovered more lithium deposits at its Zulu Mine in south central Zimbabwe.