MINING & RETAIL

Tharisa Zimbabwe asset gets Special Economic Zone status

Tharisa PLC on Tuesday said land on which it has special mining grants in Zimbabwe has been designated a special economic zone.A 50,667-hectare area has been given the designation, miner Tharisa said,...

By Alliance News | Published: 22 October 2019

ZIMBABWE

ZSE bearish with a 0.35% drop as big caps trade negatively

The ZSE retreated by 0.35% with gains in Innscor, BAT and Zimre failing to prop up the bourse against losses for blue-chips Old Mutual and Econet. At the close of trade, market turnover reached Z...

By Staff reporter | Published: 28 September 2019

OPINION

Attack on Mugabe coup announcer exposes polarisation

LAST Friday, in an unprecedented move - Foreign Affairs minister Sibusio Moyo and his delegation to London - were attacked by a group of angry Zimbabweans in the English capital city.The unwarranted a...

By Editorial Comment | Published: 16 July 2019

OPINION

ZCTU can do better than demonstrate for redollarisation

No good deed goes unpunished.Normally, the doer of a good deed expects just a "thank you", but usually someone is adversely affected by the good deed. For example, saving someone's life from a crimina...

By Conway Tutani | Published: 05 July 2019

LANDS & AGRICULTURE

Cyclone Idai costs Ariston Holdings US$1,5 million in damages

ARISTON Holdings Limited (AHL) says Cyclone Idai damaged the company's plantations in the Eastern Highlands, with early indications suggesting that the damage could be worth US$1,5 million."In March 2...

By Staff reporter | Published: 14 June 2019

INDUSTRIALS & ENERGY

Ariston returns to profitability

AGRICULTURAL concern Ariston Holdings posted an after tax profit of $2,8 million in the full year to September from a loss position of $1,7 million in the prior year, on the back of cost-cutting measu...

By Staff reporter | Published: 01 January 2019

OPINION

Re-dollarisation of economy: Wrong turn for Zimbabwe

There is an effervescence in the economy - an imperceptible but definite shift towards re- dollarisation of the economy.Initially a trickle, this will soon turn into a mighty tide in one direction –...

By Joseph Mverecha | Published: 30 December 2018

BUSINESS NEWS

'Zimbabwe economy unofficially dollarises'

Zimbabwe is undergoing bond notes substitution and progressive unofficial dollarisation, economists have said.This comes as more citizens are shunning the national currency in favour of the historical...

By Staff reporter | Published: 02 December 2018

MINING & RETAIL

Tharisa sets aside $3,2m for Great Dyke exploration

EUROPEAN headquartered integrated resource group, Tharisa says it will spend $3,2 million on the special grant areas along the Great Dyke for the initial exploration programme.The exploration will be ...

By Staff reporter | Published: 30 September 2018

MINING & RETAIL

30 000 artisanal miners register to regularise operations

ONLY 30 000 of the estimated 1,5 million artisanal and small-scale miners have regularised their operations owing to high levies charged by government, Zimbabwe Miners Federation president Henrietta R...

By Staff reporter | Published: 27 September 2018

MINING & RETAIL

Tharisa plan next move as Zimbabwe opens doors again

PLATINUM group metal (PGM) and chrome miner, Tharisa, is taking a low-risk approach to a high-risk country with the investments into Zimbabwe, it has announced this year.For almost 30 years, Zimbabwe ...

By miningmx.com | Published: 13 September 2018

OPINION

Chamisa's polarising politics should be rejected

One of the first things President Mnangagwa did within a few weeks of coming to power was to extend a hand of benevolence to then stricken MDC-T leader, Mr Morgan Tsvangirai. The world was in awe as i...

By Nick Mangwana | Published: 24 July 2018

POLITICS

Zimbabwe media remain polarised, unbalanced

Despite the ethical and legal obligation to be impartial in their coverage of electoral processes, the media in Zimbabwe remain polarised and unbalanced in their electoral coverage and reportage, medi...

By Staff reporter | Published: 22 July 2018

MINING & RETAIL

Tharisa seeks Zimbabwe project status

Tharisa Holdings, one of the world's largest chrome and platinum producers listed on the London Stock Exchange's main board, says it is seeking national project status ahead of commencing exploration ...

By Staff reporter | Published: 11 July 2018

TRANSPORT & TOURISM

FlyAfrica given 90 days to regularise status

CAAZ cracks whip on FlyAfricaThe Civil Aviation Authority of Zimbabwe (CAAZ) has given Fly Africa 90 days to sort out its operating status or risk revocation of their licence, documents at hand sugges...

By Staff reporter | Published: 29 June 2018

POLITICS

NPF orders members to regularise candidature

THE opposition Zimbabwe National Patriotic Front (NPF) has ordered its members who filed to contest the elections on the party ticket without authorisation to regularise their candidature no later tha...

By Staff reporter | Published: 22 June 2018

MINING & RETAIL

Tharisa to advance $8 million to Karo Platinum

EUROPEAN headquartered integrated resource group, Tharisa, has pledged to provide $8 million debt facility to Karo Platinum for initial geological and sampling work at the $4,2 billion platinum projec...

By Staff reporter | Published: 21 June 2018

MINING & RETAIL

Tharisa deepens Zim exposure with platinum deal

South African miner Tharisa on Wednesday deepened its exposure to Zimbabwe, saying it had bought a 26.8 percent shareholding in Karo Mining Holdings for $4.5 million.It also bought chrome business Sal...

By Reuters | Published: 13 June 2018

POLITICS

MDC Alliance plagiarised SA Constitution

THE MDC Alliance has been exposed for lack of originality after it copied word for word, full stop for full stop, a section of the South African Constitution in its election manifesto released last we...

By Staff reporter | Published: 11 June 2018

MINING & RETAIL

Tharisa may join Karo in $4.2bn Zim PGM project

Tharisa, the platinum and chrome miner run by the Pouroulis family, is considering investing in a $4.2bn platinum project in Zimbabwe being developed by another company founded by the family.Tharisa w...

By Bloomberg | Published: 31 May 2018

LANDS & AGRICULTURE

Ariston back in the black

Zimbabwe Stock Exchange-listed agricultural concern Ariston Holdings is slowly emerging out of the woods after the company posted a $28 500 profit in the half year to March 31, 2018 compared to a $2 m...

By Staff reporter | Published: 28 May 2018

BUSINESS NEWS

RBZ deal boosts Ariston

AN export incentive scheme unveiled by the central bank two years ago spurred growth of exports at listed agro-industrial firm Ariston Holdings Limited, which yesterday reported a 53 percent rise in r...

By Staff reporter | Published: 24 May 2018

MINING & RETAIL

Tharisa acquires a 90% of Salene Chrome Zim

Tharisa has acquired a 90% shareholding in Salene Chrome Zimbabwe (Pvt) Limited ('Salene') at the par value thereof from the Leto Settlement Trust ('Leto'), a related party being the beneficial shareh...

By SENS | Published: 16 May 2018

BUSINESS NEWS

Mutsvangwa's son appointed to Ariston board

SPECIAL advisor to President Emmerson Mnangagwa, Chris Mutsvangwa's son Neville has been appointed to the Ariston Holdings board by the National Social Security Authority (NSSA).The appointment is wit...

By Staff reporter | Published: 05 April 2018

POLITICS

Mutambara in plagiarism storm

FORMER Oxford University scholar and one of the country's finest academics, Professor Arthur Mutambara, is accused of defrauding the Global Fund of US$191 000 after his Mutambara Science and Technolog...

By Staff reporter | Published: 29 March 2018
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