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Topic - Harare
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Apr 20, 2016
China's Sinosteel Corp's business in Zimbabwe has ceded half its mining claims to the government, complying with Harare's demands to chrome producers to give up some of their claims, a company official said on Tuesday. The Southern African nation holds the world's...
Apr 15, 2016
Falling commodity prices have pushed several African countries back into the embrace of the International Monetary Fund (IMF), which has an opportunity to push for reforms and inject transparency into opaque economies. Top of the list is Angola, Africa's second...
Apr 08, 2016
Zimbabwe is probing Rio Tinto’s disposal of its stake in two mines in Zimbabwe, charging that disposed shares were held offshore, hence the justification to investigate them and determine if due procedure was followed. Rio Tinto disposed of its 78% stake in the...
Apr 06, 2016
Impala Platinum and government officials in Zimbabwe will probe the alleged involvement of the company's Zimplats unit after leaked papers showed it used an offshore company to pay salaries of management in Zimbabwe. Fin24 reported on Monday that Zimplats had been...
Mar 21, 2016
South Africa is the hub of private banking in Africa with holdings worth about $72bn, according to a recent report. A Research and Markets report entitled The Africa 2016 Wealth Report identifies South Africa - mainly Johannesburg - as the continent's biggest centre...
Mar 08, 2016
An Airbus A319 of fastjet
Embattled pan-African low cost carrier fastjet (as it styles itself) has announced on Tuesday it will start flying between Johannesburg, South Africa and Victoria Falls, Zimbabwe, on March 25. The twice-weekly route will be served with an Airbus A319 single-aisle...
Mar 03, 2016
Police divers in Zimbabwe's best-known diamond fields are searching for more victims of an accident that left at least three illegal panners dead on Wednesday, the state Zimbabwe Broadcasting Corporation reported. Up to 15 are feared to have been crushed to death by...
Feb 23, 2016
Diamond mining companies ordered by President Robert Mugabe's government to stop gem mining operations in Eastern Zimbabwe are weighing their options, while some have started engagements for litigation against the decision. Zimbabwe Mines and Mining Development...
Feb 05, 2016
Feb 02, 2016
Feb 01, 2016
Jan 29, 2016
 
 
 
Jan 20, 2016
The business community in Zimbabwe has added its voice to opposition to a proposed electricity tariff hike of 49% by the Zimbabwe Electricity Transmission and Distribution Company (ZETDC), saying the economy cannot sustain any cost increases. In a joint press...
Jan 13, 2016
Zimbabwe is inviting consultants to help establish its own diamond bourse with the aim of becoming a regional diamond trading hub which is expected to attract traders from around the world, a report said on Wednesday. According to Zimbabwe’s state-owned newspaper,...
Jan 11, 2016
The Chamber of Mines of Zimbabwe (COMZ) is anticipating little improvement in production and prices for most metals mined in the country, despite an easing in power supplies after Zimbabwe inked a deal to import power from Eskom. Following media reports in Zimbabwe...
Jan 04, 2016
Foreign investors suffered huge losses in most African stock markets in 2015, as the continent faced foreign exchange pressures and low commodity prices. While investors in Botswana and South Africa recorded some gains in local currencies, weakening currencies...
Dec 02, 2015
Robert Mugabe and Xi Jinping
Chinese President Xi Jinping signed 10 investment deals with Zimbabwe on Tuesday evening, pledging to continue cooperating with the investment-hungry country as it attempts to reverse a prolonged economic meltdown. Shunned by most international investors for...
Nov 20, 2015
PIONEER DESIGN The fibre-glass construction of the ‘step-decked’ trailers provides for good waterproofing, while the double doors on the sides ensure easy access
Multimillion-rand facility expansions, the improvement of quality and service, and additional orders from new clients are key to the 18% sales growth registered this year by truck and trailer body building company Serco, states MD Clinton Holcroft. This growth took...
Nov 16, 2015
Tongaat Hulett CEO Peter Staude
JSE-listed Tongaat Hulett’s strong performance for the half-year ended September 30 in land conversion activities and its starch operation, has been more than offset as a consequence of the struggling sugar sector. CEO Peter Staude in a statement on Monday said the...
Oct 30, 2015
Impala Platinum’s unit in Zimbabwe has swung back into profit making although the outlook for commodity prices remains weak, after it ramped up profits, revenues and production in the quarter to the end of September. The Australia-listed Zimplats said its profit and...
Oct 28, 2015
Zimbabwean miners are to be taxed a new levy to fund exploration activities as the government transforms the Minerals Marketing Corporation of Zimbabwe into a state exploration company. This comes in the wake of declining exploratory work by mining firms at a time...
Oct 23, 2015
This week we feature John Nigel Tarboton, executive director for Southern Africa at the Stainless Steel Development Association, whose mandate is to grow the stainless-steel finished-product market
 
 
 
 
Oct 01, 2015
Zimbabwe's government launched a solar energy policy on Wednesday as it attempts to reduce a major power shortage in the country. A drought affecting the country's hydro plant at the Kariba Dam and the "abundant sun" in Zimbabwe made the solar project a priority,...
Sep 23, 2015
With both its Pickstone-Peerless mine, in Zimbabwe, and its Manaila mine, in Romania, now in production, Aim-listed Vast Resources was “firmly on track to build a significant cash generative mining company,” says CEO Roy Pitchford. The company on Wednesday said...
Sep 21, 2015
Zimbabwe’s Harare International Airport has made headlines recently with its imminent closure looming. It is reported that the airport runway, among the longest in Africa, has many large and dangerous potholes, making it extremely unsafe for use. Further, even though...
Sep 18, 2015
Pan-African low cost airline Fastjet has started daily flights between Lusaka, the capital of Zambia, and Dar es Salaam, the commercial centre of Tanzania, to meet passenger demand. Previously, the airline flew between the two cities four times a week. “We have...
Sep 01, 2015
Low water levels at Kariba dam will further worsen power generating capacity in Zimbabwe and Zambia, power utilities in the two southern African countries say, with power deficits seen widening until the onset of rains in November. Increased power deficits will...
Aug 28, 2015
Zimbabwean Vice President Emmerson Mnangagwa has expressed concern over food imports, saying they are draining the country's already strained resources, according to reports. Mnangagwa said aggressive measures were needed to improve the country's agricultural...
Aug 24, 2015
Dear The latest ABC figures were released a few days ago and I would like to update you on Engineering News and Mining Weekly’s print circulation figures and distribution.
Jun 10, 2015
Zimbabwe on Tuesday lifted a four-year ban on chrome ore exports. The country also licensed 12 private companies and a state-owned firm to ship excess ore for smelting outside the country and lowered electricity tariffs for miners of the base metal from 8 cents to...
May 22, 2015
Cement producer PPC is gearing up for expected demand growth by constructing a new 3000 t/d clinker kiln at its Slurry cement factory, in the North West. The new kiln at Slurry will boast a six-stage pre-heater tower design as was used on PPC’s Dwaalboom kiln, in...
Apr 30, 2015
President Jacob Zuma briefed southern African heads of state gathered for a summit in Harare on Wednesday about measures his government was taking to stop a recurrence of the recent xenophobic attacks in Durban and Johannesburg, Zimbabwean President Robert Mugabe...
 
 
 
 
Apr 22, 2015
Gold miner Metallon Corporation produced 24 385 oz of gold in the three months ended March 31. Although output was 15% below the targeted output of 28 654 oz, it was 8% higher compared with that produced in the March 2014 quarter.
Apr 21, 2015
SA mining companies in Zimbabwe and several other Africa operations have not been targeted by the wave of retaliatory action over the recent xenophobic attacks in Durban and Johannesburg. Officials and sources at most mining companies in Zimbabwe and executives from...
Apr 02, 2015
Low-cost African airline fastjet plans to conduct a placing to raise gross proceeds of at least $75-million through the issue of new ordinary shares at 0.1p a share, telling the market on Thursday that proceeds would be deployed as expansionary working capital and to...
Mar 13, 2015
The World Bank, the European Union, the African Development Bank and the government of Sweden have agreed to provide Zimbabwe and Zambia with $294-million for the repair of the Kariba dam wall.
Mar 06, 2015
The World Bank, the European Union, the African Development Bank (AfDB) and the government of Sweden have agreed to provide Zimbabwe and Zambia with $294-million for the repair of structural deformations on the Kariba dam wall and avert the possible collapse of the...
Jan 16, 2015
ZEROING IN ON ZIMBABWE Reinforced Hosing is finalising plans to open a product depot in Harare, Zimbabwe, in this quarter
Hose and tubing products manufacturer Reinforced Hosing (REH) aims for Africa to account for about 30% of the company’s sales over the next three to five years, particularly as it forsees a stagnation of the South African market over this period, owing to the weak...
Jan 14, 2015
To build human and institutional capacity in Africa, the United Nations Economic Commission for Africa (UNECA), will sign a memorandum of understanding (MoU) for a three-year partnership with the African Capacity Building Foundation (ACBF). The signing would be...
Dec 02, 2014
South African Airways (SAA) is adding additional frequencies to its network, which will substantially increase air services on some of its key African routes. “The additional capacity injection answers the commercial mandate of SAA’s Long-Term Turnaround Strategy,...
Nov 26, 2014
In support of coming together to encourage stronger networks, and develop strategies and models focused on building momentum and growth within the procurement, supply chains and logistics industry in Zimbabwe, Dovetail took part in the Transport Logistics Indaba 2014...
Nov 18, 2014
JSE-listed cement producer PPC, which on Tuesday reported headline earnings a share (Heps) of 179c for the financial year ended September 30, said its African expansion strategy had gained “solid momentum” during the year, with construction on cement plants under way...
 
 
 
 
Sep 30, 2014
Low-cost African airline fastjet, during the six months ended June 30, experienced a steady increase of 41.5% in the number of passengers travelling on core Tanzanian routes, with Tanzania first-half revenue growing by 96% to $19-million compared with the same period...
Sep 12, 2014
A building that mimics a tree, an office block modelled off a termite nest and a building which uses algae on its façade . . . these are just a few examples of the innovative designs being discussed at the seventh annual Green Building Convention, in Cape Town....
Sep 04, 2014
Bobcat Equipment South Africa (Pty) Ltd extends sales and service support to customers in Zimbabwe with the appointment in March 2014 of Harare-based SRTC (Southern Region Trading Company) as its official dealer in the region. Bobcat, part of the Goscor Group of...
Aug 01, 2014
National carrier, South African Airways (SAA), is adding more travel options on the African continent. In a statement, on Thursday, SAA said it was increasing flights on the Johannesburg-Lagos route, where it will offer eight frequencies per week effective from 1...
Aug 01, 2014
South African construction company Group Five says work on the rehabilitation of the 800 km stretch of the Plumtree–Mutare highway, in Zimbabwe, should be completed by the end of this year. Giving evidence before the Parliamentary Porfolio Committee on Transport and...
 
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