Govt suspends five percent levy on raw platinum exports

By Stanley James, Business Editor THE government has suspended the five percent levy on raw platinum exports after miners presented their platinum beneficiation plans. After a series of meetings held…

Value addition of granite stones set to transform local economies

By ZBC Reporter A Chinese-owned firm is set to invest US$5 million into a cutting and polishing plant in Mutoko, a move which embraces government’s calls for granite companies to…

Legacy debt bleeds ZESA Holdings

By Tafara Chikumira NATIONAL power utility, ZESA Holdings is reeling from a legacy debt that has ballooned to over ZWL15 billion , with rampant vandalism of infrastructure also taking its…

Sri Lanka defaults on debt for first time in its history

Sri Lanka has defaulted on its debt for the first time in its history as the country struggles with its worst financial crisis in more than 70 years. It comes…

Zimbabwean companies in DRC to grow export receipts

By Davison Vandira THIRTY Zimbabwean companies are in the Democratic Republic of Congo on a mission to increase the visibility of local products on the export market. National trade development…

120 participants for the JR Mawere chess tourney

By Mthokozisi Dube ALL roads to lead Kwekwe High School this weekend for the second edition of the two-day JR Mawere Memorial Chess Tournament in honour of the late first…

Errant tobacco merchants nabbed

By Stanley James, Business Editor THE Tobacco Industry and Marketing Board (TIMB) has intensified the crackdown against errant players to restore order in the trading of the golden leaf. Barely…

ZERA endorses new ethanol blending ratio

By Stanley James, Business Editor THE Zimbabwe Energy Regulatory Authority (ZERA) says the increase in mandatory blending of fuel will help sustain affordability of the commodity. Cabinet this Tuesday approved…

Yvonne Manwa appointed Ngezi Platinum CEO

By ZBC Reporter Ngezi Platinum Stars Football Club have appointed Mrs Yvonne Mapika Manwa as the club’s new Chief Executive Officer. In a statement, Ngezi Platinum said Mrs Manwa will…

Ghana starts gold purchase programme to strengthen currency

REUTERS – ACCRA, May 17 (Reuters) – Ghana has started a bulk purchase programme to buy gold locally to raise the gold component of its reserves, Central Bank Governor Ernest…