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
Zim mines to dig deeper for less… Annual revenue seen falling by US$500 million
In its outlook for the sector, IH noted that the market was likely to experience continued volatility, persistent power cuts, and erratic policy shifts.
By Tafadzwa Mhlanga
Jul. 5, 2024
Mining companies spend big to boost output
According to the Chamber of Mines of Zimbabwe’s (CoMZ) 2023 report, various mining companies are investing heavily in expansion and development projects.
By Mthandazo Nyoni
Jun. 19, 2024
Mining unions petition Labour ministry
Masarire Law Chambers, expressed concerns over the manner in which the selection of the union into NEC was done.
By Silas Nkala
Jun. 19, 2024
Smart mining: Transforming Zim’s mining sector through connectivity
This in a region where the smart mining market is expected to grow to US$ 1,664.30 million by 2028; a compound annual growth rate of 14.5%.
By Lorreta Songola
Jun. 7, 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
Stanbic avails US$100 million to mining sector
The bank last year revealed that it commands between 40% and 45% market share in the mining sector.
By Mthandazo Nyoni
Jun. 2, 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
