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By Roadwin Chirara, Business Writer
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Wednesday, 22 February 2012 16:03 |
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HARARE - In a shocking development, FMI Energy (FMI) employees have turned down the company’s offer for a 10 percent stake calling for the outright reversal of its acquisition of BP & Shell Marketing Services (BPSMS).
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By Taurai Mangudhla, Business Writer
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Wednesday, 22 February 2012 15:58 |
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HARARE - State-owned power utility company, Zimbabwe Electricity Supply Authority (Zesa) says it has failed to collect overdue bills due to unaffordable tariffs.
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By Business Writer
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Wednesday, 22 February 2012 15:54 |
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HARARE - The recent Zimbabwean mining regulations will increase mining fees to levels that will make it impossible for small-scale miners to regularise their panning activities, says Sternford Moyo, Senior Partner at Scanlen & Holderness, the Zimbabwean Lex-Africa member law firm.
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By Roadwin Chirara, Business Writer
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Tuesday, 21 February 2012 11:40 |
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HARARE - Toronto Listed miner, Caledonia Mining Corporation (Caledonia) says it has now complied with the country’s indigenisation regulation following the signing of a Memorandum of Understanding (MoU) with the Government of Zimbabwe.
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By Taurai Mangudhla, Business Writer
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Tuesday, 21 February 2012 11:08 |
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HARARE - Zimbabwe should set up a state-owned exploration company to quantify the country’s diamond reserves, Finance minister Tendai Biti said.
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By Taurai Mangudhla, Business Writer
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Monday, 20 February 2012 10:09 |
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HARARE - Chinese diamond miners exploiting Marange diamond fields are ripping -off the country, Deputy Prime Minister Arthur Mutambara says.
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By Wonai Masvingise, Staff Writer
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Wednesday, 22 February 2012 15:55 |
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HARARE - West Star says it would seek an initial public offering (IPO) on the Zimbabwe Stock Exchange (ZSE) chief executive Ken Sharpe said.
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By Fin24.co.za
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Wednesday, 22 February 2012 15:46 |
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JOHANNESBURG - Impala Platinum Holdings said on Monday it is “concerned” by comments from a Zimbabwean government minister suggesting it should further sell its stake in its Mimosa joint venture with Aquarius Platinum.
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By Lloyd Mbiba, Staff Writer
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Tuesday, 21 February 2012 11:36 |
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HARARE - Air Zimbabwe, the state-owned airline yesterday failed to resume domestic flights because of unresolved salary disputes, acting chief executive Innocent Mavhunga said.
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By Taurai Mangudhla, Business Writer
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Tuesday, 21 February 2012 11:03 |
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HARARE - Zimbabwean miners say government’s unilateral decision to increase mining levies by up to 5 000 percent effective January 2012 could push some players out of business.
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By Business Writer
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Monday, 20 February 2012 09:50 |
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HARARE - More than 40 Cresta Hospitality Holdings (Cresta) workers stand to lose their jobs at the end of February, if the company proceeds with a retrenchment plan.
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