Fast foods group Simbisa Brands says it’s seeking regulatory and shareholder approvals for a secondary listing on the London Stock Exchange Alternative Investments Markets (AIM) to access additional funding for expansion. Simbisa is an Innscor Holdings quick service restaurant spin-off, and listed on the Zimbabwe Stock Exchange in November 2015.
Platinum production at Unki Mine for the second quarter to June 30 rose 10 percent to 19 500 ounces compared to 17 800 ounces in the same period last year largely on improved efficiencies at the mine.
President Robert Mugabe has been at the helm of the Zimbabwe African National Union-Patriotic Front for 40 years now and according to the United States embassy he has maintained his control over the party through patronage and fear.
Agro industrial group Zimplow has posted $263n000 profit after tax for the six months to June from a $2 million loss in the comparable period last year.
There is a lot that Britain can learn from Africa and especially from Zimbabwe, a British legislator of African origin Kemi Badenoch said last week.
Zimbabwe is planning to release one million hectares of protected land to small-scale gold miners across the country to boost production, Mines and Development deputy minister, Fred Moyo has said, a development that threatens wildlife areas.