Chrome ore prices are projected to remain depressed in the short-term, posing a threat to Zimbabwe’s vibrant small-scale mining industry, an official has said.
The Zimbabwe African National Union-Patriotic Front’s politburo’s meeting today has been hyped amid speculation that it will discuss the fate of embattled national commissar Saviour Kasukuwere, but this could just be another dud as Kasukuwere’s case has dominated news for more than a month.
Ariston Holdings’ loss position for the six months to March 31 narrowed seven percent to $1.99 million from $2.14 million in 2016 on the back of reduced revenues.
The newly constructed Livetouch Cement manufacturing plant in Redcliff near Kwekwe has began production, but on a low scale, the chief executive has said.
The Movement for Democratic Change today said there is no rift between party president Morgan Tsvangirai and his deputy Thokozani Khupe.
Zimbabwe says its decision to freeze recruitment of public sector workers has lowered its wage bill to 65 percent of expenditure, from around 85 percent previously and resulted in monthly savings of $10 million.