Zim platinum production to remain stable-WPIC report
GLOBAL refined platinum production is seen rising by 5% to 6 400 koz (thousand ounces) in 2019, boosted by the processing of work-in-progress material built up…
Business
Fully liberalise petroleum sector
IT has become clear that the Zimbabwean government is failing to sustain its fuel subsidy in the economy due to foreign currency shortages and lack of…
Zim in the throes of new recession
Be afraid; very afraid! This is what economic players and analysts are saying as Zimbabwe’s economy is now in the throes of an economic recession. Falling…
Nzenza to appoint Labour representatives to Nssa board
LABOUR minister Sekai Nzenza will soon appoint representatives from labour organisations to the National Social Security Authority board after initially…
US$5b refinancing offer corruption fears
A NUMBER of readers of this column have expressed fears that the US$4,5 billion refinancing package that is being spearheaded by London-domiciled ICG Capital…
Prospect cancels $10m facility
PROSPECT Resources Ltd has cancelled a US$10 million facility it secured last year as it is now valued at RTGS$3,3 million following the partial floating of…
Padenga operations at risk
GOVERNMENT’S policy on exporters’ retentions could put Padenga Holdings at risk as 50% of its operations are US dollar-denominated, financial services…
Red tape stalls $400m project
GOVERNMENT red tape has stalled the implementation of a US$400 million tri-solar plant deal between Guarantee Risk Solar Energy and South African power giant…
ZSE investors look beyond liquidity crisis
STOCKS are seen gaining in the months ahead and easing off despite liquidity challenges constraining the markets as investors relook at the earnings potential…
Mine workers push for further increment
BARELY two months after being awarded an 80% wage increase, mine workers have approached the Chamber of Mines demanding another increase, citing the rising…
