Industries buckle under prohibitive power tariffs
Economists are warning that the country’s economic growth targets are now in jeopardy, compounded by a severe drought that has wiped out over 80% of crops in some regions.
By Freeman Makopa
Aug. 30, 2024
Mining companies spend big to boost output
According to the Chamber of Mines of Zimbabwe’s (CoMZ) 2023 report, various mining companies are investing heavily in expansion and development projects.
By Mthandazo Nyoni
Jun. 19, 2024
Mining unions petition Labour ministry
Masarire Law Chambers, expressed concerns over the manner in which the selection of the union into NEC was done.
By Silas Nkala
Jun. 19, 2024
Experts rebuff ‘high tax regime’ claim
They argued that the 20% capital gains tax, applied retrospectively on the full purchase price, was excessive and detrimental to investor confidence.
By Mthandazo Nyoni
Jun. 7, 2024
Unfair debt-to-equity ratio irks RBZ governor
According to experts, the optimal D/E ratio varies by industry, but it should not be above a level of 2,0.
By Mthandazo Nyoni
Jun. 7, 2024
Govt must listen to industry’s concerns
Fiscal policies need to strike a delicate balance, according to the Association of Chinese New Energy Miners.
By The Zimbabwe Independent
May. 31, 2024
Zim mines hit crisis point... tougher actions struggle to stem effects of tapering prices
Platinum miners, Zimplats and Mimosa are some of the mining companies that have retrenched staff to remain viable.
By Mthandazo Nyoni
May. 31, 2024
Mineral output mixed in Q1: CoMZ
Chrome output increased by 112% to 438 463 tonnes, while lithium’s grew by 16% 940 138 metric tonnes.
By Mthandazo Nyoni
May. 30, 2024
Mining sector feels the heat as energy transition accelerates
There have been calls for countries across the globe to transition from coal and other hydrocarbons to cleaner technologies in the electricity and transport sectors.
By Mthandazo Nyoni
May. 29, 2024
