ZCDC to start auctioning diamonds in major global cities

By ZBC Reporter THE Zimbabwe Consolidated Diamond Company(ZCDC) will with effect from next year start auctioning diamonds in major Asian and European cities to increase diamond revenue. The local Diamond…

Zim- China Lesso Group partnership to save Zimbabwe millions of dollars

By ZBC reporter Zimbabwe is on the verge of making huge savings of over twenty million US dollars on reduced imports of grain through a strategic cooperative framework with leading…

Zim’s prospects of becoming a major producer of lithium brighten

BY Owen Mandovha Zimbabwe’s prospects of becoming a major global producer of lithium continue to get brighter following optimisation of works by thirty-nine percent of upgraded ore reserves at the…

Minister Shiri meets with China Lesso Group officials

By Staff Reporter LEADING Chinese Industrial Equipment Firm, China Lesso Group who are targeting strategic partnerships in Zimbabwe’s agricultural sector have identified key areas of cooperation that will assist to…

Compliance monitoring for State owned firms

By ZBC Reporter GOVERNMENT will with effect from next year continuously monitor state-owned enterprises’ compliance with the Public Entities and Corporate Governance Act to facilitate transparency in operations. According to…

Zimbabwe reviews ban on SA livestock imports

By ZBC Reporter ZIMBABWE is considering lifting the suspension of livestock imports from South Africa following progress made by the neighbouring country in dealing with foot and mouth disease outbreak.…

Zimra deploys additional staff to curb congestion at borders

By ZBC Reporter GOVERNMENT has intensified efforts to clear an anticipated rise in the volume of traffic at the country’s border posts ahead of the festive holidays, with the Zimbabwe…

RBZ injects $20m more notes to ease cash shortages

THE Reserve Bank of Zimbabwe (RBZ) injected an additional $20 million banknotes into cir­culation last week so as to boost the liquidity position of the country. This measure is meant…

Govt targets 20% insurance penetration

By ZBC Reporter GOVERNMENT is targeting to push insurance penetration to 20percent, Finance and Economic Development Minister, Professor Mthuli Ncube has said. The government is keen to see an increase…

WATCH: Zimplats invests over $160 mln in recapitalisation

Platinum mining giant, Zimplats this year invested over $160 million dollars towards recapitalisation of the company’s mining equipment and furnace rebuilding. This was revealed by the company’s Head of Corporate…