Local banks back Shamva gold’s US$152m expansion
MUTAPA Gold Resources says local banks are expected to finance about half of a US$152 million expansion project at Shamva Hill that will triple monthly gold production at the mine by 2028.
By Nhau Mangirazi
12h ago
Electricity: The real test lies ahead
FOR years, power supply has stood as one of the biggest obstacles to economic recovery. Daily power cuts lasting 16 hours or more became part of everyday life, disrupting production
By The Zimbabwe Independent
14h ago
NOIC in ambitious 5 billion-litre fuel pipeline
“We are pleased with NOIC’s performance. From underground storage to the transit terminal at Mabvuku, these operations are central to Zimbabwe’s energy security,” he stated.
By Brent Shamu
14h ago
Mutapa gold unit targets 570kg monthly output by 2028
Freda Rebecca, located in the Bindura-Shamva Greenstone Belt, remains one of Zimbabwe’s most established gold mines and a core asset in the country’s gold production chain.
By Freeman Makopa
May. 12, 2026
Mutapa Gold seeks US$250m for expansion, launches US$75m debt raise
According to Denhere, expanding local processing capacity would build domestic capabilities, create higher-value jobs and deepen skills development.
By Mthandazo Nyoni
May. 12, 2026
Mutapa Gold’s new CEO lays out unit’s game plan
MUTAPA Investment Fund last week appointed seasoned mining executive Patrick Maseva-Shayawabaya to steer its gold unit at a pivotal moment for both the company and Zimbabwe’s bullion sector
By Freeman Makopa
May. 8, 2026
Jena targets US$100m expansion to lift output
JENA Mines will require more than US$100 million in phased capital investment to fund a major expansion aimed at lifting gold output beyond 200 kilogrammes per month
By Mthandazo Nyoni
May. 8, 2026
The Hezekiah warning: A general’s gospel and a son’s stars
He spoke of King Hezekiah, a man who reigned long and well, but who eventually fell into the most dangerous trap of all: the belief that he was “not fit for death” and should rule forever.
By Doctor Stop It
May. 3, 2026
Mutapa Gold boss Barnard resigns
Patrick Maseva-Shayawabaya, who previously served as Kuvimba Mining House (KMH) head of the gold cluster and chief finance officer of MGR, will take over the reins.
By Mthandazo Nyoni
Apr. 29, 2026
Zim imposes Africa’s heaviest oil price hikes... shocking rip-off exposed in AU, AfDB regional report
Local News
15h ago
US$23bn debt overshoot places Zim among Africa’s seven worst distressed…poorest, war-ravaged regional economies now in the same league as Harare
Local News
By Mthandazo Nyoni and Freeman Makopa
15h ago
