RioZim’s three gold mines are producing about 137 kilogrammes of the precious metal monthly — 59 percent of capacity — officials said, highlighting the urgent need for fresh investment to ramp up output.
Tourism Minister Walter Mzembi who yesterday lost the United Nations World Tourism Organisation post of secretary-general says the Zimbabwe brand was the major victor.
The Zimbabwe African National Union-Patriotic Front’s politburo is likely to discuss national political commissar Saviour Kasukuwere’s case on Wednesday next week.
Nicholas Vingirai’s return to high finance suffered a dramatic setback when ZB Financial Holdings shareholders voted against his re-election to the board following a charged confrontation with institutional investor NSSA at yestrday’s annual general meeting.
Caledonia Mining Corporation has cut its gold production target this year to between 52 000 and 57 000 ounces from 60 000 oz despite improvements in tramming capacity at its Blanket Mine, the company says.
Zimbabwe Tourism Minister Walter Mzembi who has spent almost two years campaigning to become the next United Nations World Tourism Organisation’s secretary-general lost the job today raising questions about whether he will be able to pick up the pieces from where he left as he had literally abandoned his Zimbabwean job.