Hwange Colliery to resume underground mining
Coal miner, Hwange Colliery Company (HCC) said it would resume underground mining operations during the last quarter of 2017 following delivery of new equipment. “The...
The Insider – Page 184 – News about Zimbabwe that you can use
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Kwese TV, Zimbabwe and the mirage of digitalisation
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...
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Old Mutual Zimbabwe commissions $5.7 million power plant
Financial services group, Old Mutual Zimbabwe yesterday commissioned a $5.7 million mini hydro power plant in Chipinge district, southeast of Zimbabwe. The 1.6MW plant has...
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First Mutual to acquire NicozDiamond as NSSA calls the tune
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...
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The Morgan Tsvangirai Wikileaks cables-Part Sixteen
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...
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Barclays Zimbabwe profit trebles
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...
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Zimbabwe POSB after tax profit down
Zimbabwe’s state owned bank POSB reported an 8 percent decline in after-tax profit to $3.83 million in the six months to June from $4.17 million...
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Grace Mugabe fights to win in Zimbabwe’s Game of Thrones
It must be a sore point for Zimbabwean President Robert Mugabe and his wife Grace that the couple’s two sons show none of the veteran...
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Afdis profit doubles as Zimbabweans go for spirits
Spirit and winemaker, African Distillers’ after tax profit more than doubled from $1.11 million last year to $2.76 million in the six months to June,...
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Zimbabwe property sector down
Zimre Property Investments has reported a 7 percent decline in revenue to $2.76 million in the six month period to June, weighed down by a...