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
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 revenues seen falling 4% to US$5 billion
Despite this decline in performance, the sector accounted for approximately 78% of national exports in 2023, maintaining its position as the largest foreign currency earner in the country.
By Mthandazo Nyoni
May. 30, 2024
