MINES minister Winston Chitando says Aurex Holdings (Aurex) will this year start processing gems mined by the Zimbabwe Consolidated Diamond Company (ZCDC). (more…)

THE government is establishing private sector-led chrome and coal processing facilities as part of the deliverables from the Mines ministry under the 100-day cycle programme. (more…)

THE government says it is targeting 2,5 million tourist arrivals by 2025 from 0,7 million as the sector recovers from the devastating impact of the Covid-19 pandemic. (more…)

DEFUNCT Zimbabwe Iron and Steel Company (Zisco) is looking for new investors in a bid to revive the firm, which at its peak employed over 8 000 people in Redcliff and Kwekwe. (more…)

CONTANGO Holdings (Contango) says it plans to start production of coke batteries at its Lubu coalfield in Hwange before the end of this month. (more…)

THERE is an air of expectancy in the country that Zimbabwe’s economy is poised for further stability, with the short to medium term outlook for both the local currency and inflation largely viewed in positive light by experts. (more…)

IN A dose of further good news for the economy, Zimbabwean banks have posted swashbuckling results for the period ending December 2020 —despite massive disruptions that were brought about by the first wave of Covid-19. (more…)

FINANCE minister Mthuli Ncube says Zimbabwe has resumed repaying debts to international financiers, following a break brought about by recurrent natural disasters over the past three years. (more…)

IMPENDING amendments to the Public Procurement and Disposal of Public Assets Act could see state enterprises being exempt from disclosures that would hurt their competitive advantage. (more…)

THE stability of the local currency against the US$ will determine the rate at which prices of basic goods and services will be reviewed, the Confederation of Zimbabwe Industries (CZI) has said. (more…)