The delegation is being led by CEOART chairman Oswell Binha and chief executive, Kipson Gundani.

OK Zimbabwe made the observation in interim financial results that showed its pre-tax profits rose 150% in the six months ending September.

FBC Securities said the outlook was promising, and more counters were likely to list this year, joining eight counters already trading stock on the bourse.

These adjustments on the local front helped boost turnover by at least 5%.

Willdale experienced sales volumes that were 2% below target for the first three months on the back of low product uptake caused by liquidity shortages.

He added that other mining companies were also considering the importation of power.

Over the same period, it is anticipated that earnings before interest, taxes, depreciation, and amortisation (EBITDA) will increase 34% to US$31,76 million.

The mining project is expected to be the biggest supplier of coke batteries for steel manufacturing projects in Zimbabwe as well as chrome smelting operations dotted around the country.

The country has been experiencing price hikes over the past few weeks, forcing monetary and fiscal authorities to come up with a cocktail of measures to address the crisis.

Most consumers interviewed said they were now unable to cope with the price hikes as their incomes were not going up.

In a statement accompanying the firm's financial results, ART chairman Thomas Wushe said the revenues increased to $15 billion in inflation- adjusted terms.

This, he said, was being done with the view of training them on gender analysis and mainstreaming skills.