Zimbabwe’s central bank is in talks with banks to reduce interest rates on loans to stimulate production across various sectors of the economy, Vice-President Constantino Chiwenga told a business conference today.
Movement for Democratic Change leader Nelson Chamisa has dismissed Justice Francis Bere’s judgment in which he threw out his faction’s urgent application to bar the Thokozani Khupe faction from using the MDC-T name and symbol saying it is political.
AIM- listed junior miner, Vast Resources says it now holds 23.75 percent interest in Guruve-based Eureka Gold Mine which can produce 70 000 ounces per annum mine, expanding its asset base in the southern African country.
High Court Judge Francis Bere might have torched a storm with supporters of the Nelson Chamisa faction of the Movement for Democratic Change-Tsvangirai when he threw out their urgent application to bar the Thokozani Khupe faction from using the party name and symbol yesterday.
Exiled G40 member Jonathan Moyo has congratulated Thokozani Khupe for winning the initial battle to bar her from using the MDC-T brand and symbol.
Coal miner Liberation Mining this year expects to invest about $34 million to kick start commercial operations, producing 100 000 tonnes per month, Mines and Mining Development permanent secretary, Munesu Munodawafa, has said.