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Zimbabwe Business News - Page 5 of 1045 - Zimbabwe Today
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Business

Zimbabwe: African Sun Moves to Take Over Dawn Properties Absolute Ownership


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By Alois Vinga Listed hotelier, African Sun Limited (ASL) has announced its intentions to take full control of the business concern from Dawn Properties shortly after acquisition. Recently, the entire issued ordinary shares of Dawn were acquired in exchange for the issuance of the African Sun Limited ordinary shares listed …

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Zimbabwe: Zera Reduces Diesel Price


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The maximum price of diesel has fallen from US$1,32 to US$1,30 in the short term while petrol remains at US$1,33. The Zimbabwe Energy Regulatory Authority (ZERA) is encouraging operators to charge prices lower than the capped prices depending on their trading advantages. This is in fact now quite common since …

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Zimbabwe: Illegal Gold Panners Defy Directive


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By Mashudu Netsianda Bulawayo Bureau UNCONTROLLED illegal gold panning at Nugget Mine in Matobo District is continuing unabated, resulting in massive land degradation that has affected studies on crops at Matopos Research Institute Farm and caused the death of pedigree breeding livestock. The mine is situated at Matopos Research Institute …

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Zimbabwe: Hwange Cancels Kamandama Commemorations


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By Zvamaida Murwira Hwange Colliery Company has this year deferred commemoration of the Kamandama Mine disaster that had become an annual event aimed at reflecting the tragedy that claimed 427 lives of miners. In a statement, Hwange Colliery Company said the cancellation was occasioned by the desire to adhere to …

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Zimbabwe: Uproar Over Chinese Mine in Hwange


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By Silas Nkala HWANGE residents under the Greater Whange Residents Trust (GWRT) are opposed to plans by a Chinese coal mining company, Afrochine Smelting to mine at Deka Safari because of the area’s closeness to Sinamatela National Park. The residents recently took the same company to court for its exploration …

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Zimbabwe: Unionists Face Arrest After Disrupting Wage Negotiations


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By Alois Vinga UNITED Food Federation Allied Workers Union of Zimbabwe (UFFAWUZ) this week disrupted salary negotiations for the baking industry, a development that will further worsen the plight of over 3 000 workers in the sector. According to a police record filed under RRB 4694748 at Milton Park Police …

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Zimbabwe: Doctors Deserve Highest Quality Working Conditions – President


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By Nqobile Tshili Bulawayo Bureau PRESIDENT Mnangagwa yesterday said doctors and nurses in the country deserve the highest quality working conditions and support, hence Government’s swift move to rehabilitate doctors’ quarters that were razed by fire at Mpilo Central Hospital last Wednesday. Doctors had to escape via a single window …

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Zimbabwe: Gold Miners Optimistic of 100 Tonnes Per Year


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By Farirai Machivenyika Senior Reporter Gold production declined over the past two years but miners remain optimistic of Zimbabwe’s potential to achieve its target of producing 100 tonnes yearly as challenges experienced by the sector can be overcome. Zimbabwe Chamber of Mines chief executive officer Mr Isaac Kwesu told the …

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Zimbabwe: Mnangagwa, Chamisa Rush to Assist Stranded Mpilo Doctors


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By Robert Tapfumaneyi President Emmerson Mnangagwa’s administration has committed $287 million towards the construction of new accommodation for doctors at Mpilo Central Hospital in Bulawayo after their living quarters were gutted by fire last week. Last week Wednesday, a brutal fire from an electrical fault gutted the doctors’ residence at …

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Zimbabwe: Damaged Roads Slow Down Grain Deliveries


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By Conrad Mupesa Badly damaged roads in Zvimba district have hindered farmers from delivering grain to the Grain Marketing Board (GMB), with transporters reported to have since shunned some routes in the area. Zimbabwe recorded good rains in the 2020/21 summer cropping season which has seen the nation recording a …

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