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Miners brawl over Rushwaya

Business Reporter Lawyers representing the Zvishavane-Mberengwa Miners Association, which has been battling former Zimbabwe Miners Federation (ZMF) president Ms Henrietta Rushwaya in court, have approached the Zimbabwe International Trade Fair Company seeking them to bar her from addressing today’s Mine Entra conference. Mutuso, Taruvinga & Mhiribidi, wrote to ZITF company …

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MMCZ seeks partners for Guruve chrome claims

Ishemunyoro Chingwere Business Reporter The Minerals Marketing Corporation of Zimbabwe (MMCZ) is seeking to enter into partnership for the exploitation of its chrome-rich claims in Guruve as Government agents move to align with authorities’ call to put all mining title to use. The claims have previously been “sparsely” exploited but …

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Investors fall in love with Zim

Business Reporter Several companies and individuals from across the globe have expressed their interests to invest in Zimbabwe in line with the mantra, Zimbabwe is Open for Business, a local businessman has said. The agricultural sector is attracting the most interest. Curechem Overseas (Pvt) Ltd group managing director Anup Chand, …

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US govt happy with TSP

The United States government says  Zimbabwe’s latest economic blueprint, The Transitional Stabilisation  Programme (TSP) can address the economy’s weaknesses if fully  implemented and help boost investor confidence. The TSP, a child of Finance and Economic Development Minister Mthuli  Ncube, is the foundation upon which President Mnangagwa’s government  aims to springboard …

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Alrosa to hold 70pc in diamond venture

Golden Sibanda Senior Business Reporter LEADING global diamond producer, Alrosa, will hold a 70 percent controlling stake in the newly agreed joint venture with State owned Zimbabwe Consolidated Diamond Company (ZCDC), as Harare bids to boost mineral exports and reboot the sluggish economy. The coming in of Alrosa further entrenches …

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Adopt human-centred development plan: Zimbabwe Human Rights Forum

LOCAL human rights organisation, the Zimbabwe Human Rights Forum (ZHRF), on Tuesday urged government to adopt a sustainable human-centred development plan in its international re-engagement efforts. BY TATIRA ZWINOIRA The ZHRF released the report – which details how authorities could include human rights in their re-engagement agenda – at a …

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Tobacco sales surpasses target

ZIMBABWE’S tobacco sales have reached 227,4 million kilogrammes, surpassing the set target of 220 million kilogrammes as at day 80 of trade, data from the industry regulator has shown. BY FIDELITY MHLANGA Last year, the country produced a record 252 million kilogrammes of flue-cured tobacco, generating at least $1 billion …

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Mining industry prospects remain bright

THE medium-to-long-term prospects of the mining industry remains bright, with output for most minerals expected to record growth, Chamber of Mines of Zimbabwe (CoMZ) president Elizabeth Nerwande has said. BY MTHANDAZO NYONI “While the performance of the mining sector during the first half of 2019 was not encouraging, with the …

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