Tabitha Mutenga, Deputy Editor, Author at The Financial Gazette

‘Stimulus package vital, not land deal’

THE US$3,5 billion compensation agreement that the government recently struck with white former commercial farmers is unaffordable and not urgent, analysts say. (more…)

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August 13, 2020

Top Stories

Bippas not part of land deal: Ncube

FINANCE minister, Mthuli Ncube says the US$3,5 billion compensation deal signed recently will not cover farms under bilateral investment promotion and protection agreements (Bippas), which were expropriated during the land reform programme. (more…)

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August 6, 2020

National Report

Caledonia sells shares for solar plant

NEW York Stock Exchange-listed Caledonia Mining (Caledonia) is planning to sell up to US$13 million worth of shares to invest in solar power for its gold mine project in Zimbabwe. (more…)

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July 30, 2020

National Report

Fastjet future uncertain

LOW-COST airline Fastjet says its future is hanging in the balance unless it gets fresh capital to revive operations. (more…)

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July 16, 2020

National Report

Intercontinental Hotel Group to manage Monomotapa

AFRICAN Sun Limited (ASL) has signed an agreement with the Intercontinental Hotel Group (IHG) that will see the British multinational managing Monomotapa Hotel (Monomotapa). (more…)

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July 9, 2020

National Report

Omnia turnaround strategy bears fruit

SOUTH Africa-based chemicals group Omnia Holdings’ restructuring exercise is now bearing fruit after the company’s operating profit jumped by over 3 180 percent. (more…)

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July 9, 2020

Companies & Markets

Caledonia increase quarterly dividend

CALEDONIA Mining (Caledonia) has declared a further 13 percent increase in its quarterly dividend from the previous 7,5 cents to 8,5 percent, as stable production, high gold prices and good cost control have contributed towards cash generation in 2020. (more…)

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July 4, 2020

National Report

Zim coal producer lists on LSE

AFRICA-focused investment firm Contango Holdings (Contango) is now trading on the London Stock Exchange after it completed the reverse takeover of Consolidated Growth Holdings’ 70 percent interest in the Lubu coal project in Zimbabwe. (more…)

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June 25, 2020

Top Stories

Zimbabwe to import 1,3m tonnes of maize

ZIMBABWE’S food security situation continues to deteriorate and will need to import 1,3 million tonnes of maize to avert a catastrophe, government says. (more…)

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June 11, 2020

Top Stories

Covid-19 hastens Zim dollar demise

IMARA Asset Management (Imara) says Covid-19 has accelerated the demise of the Zimbabwe dollar (ZWL$), which has been struggling to hold traction against major currencies since it was reintroduced last year. (more…)

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June 4, 2020

Friday, 14 August 2020

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