Fossil Mining News Today

In 2022, inflation remained high, the exchange rate was on steroids for long periods, lights went out often and Zimbabwe’s long tradition of policy shifts kept businesses on edge. There was, still, some business to be done, for better or for worse. Here, we look back at some of the top company news we covered

In 2017, when Barclays sold its Zimbabwe business to FMB Capital, a foreign bank, it became political fodder. At a rally, Kudzanai Chipanga, then leader of ZANU PF’s youth league, screamed: “We are worried that Barclays is being bought by a foreign bank instead of locals. This raises the risk of foreigners sabotaging us.” Opposition…

In 2022, inflation remained high, the exchange rate was on steroids for long periods, lights went out often and Zimbabwe’s long tradition of policy shifts kept businesses on edge. There was, still, some business to be done, for better or for worse. Here, we look back at some of the top company news we covered…

HARARE - Trading in Lafarge shares has been suspended on the Zimbabwe Stock Exchange (ZSE), as the company reviews the impact of United States sanctions imposed on its new owners. The US government imposed sanctions on Fossil Agro and Fossil Contracting, part of the Fossil Group, and also sanctioned Obey Chimuka, the company’s owner. The…

NewZimbabwe.com – The Zimbabwe News You Trust is Zimbabwe’s leading online newspaper and published by New Zimbabwe Media Ltd. The platform brings you the latest breaking News, Business, Showbiz, Sports, Diaspora and gives you everything you’ve come to expect and love.

NewZimbabwe.com – The Zimbabwe News You Trust is Zimbabwe’s leading online newspaper and published by New Zimbabwe Media Ltd. The platform brings you the latest breaking News, Business, Showbiz, Sports, Diaspora and gives you everything you’ve come to expect and love.

Lafarge Zimbabwe has completed the construction of a new mill that will double its cement manufacturing capacity at its Manresa plant , but it canno...

Capital controls delay handover of new cement mill to Lafarge Zimbabwe

Cave of the Mounds was discovered on August 4, 1939. Come celebrate our 83rd anniversary with a week packed with fun! August 1 – August 5, 2022 Daily Hours: 9 AM to 5 PM with the last entry into the cave at 4 PM. SPECIAL FLASHLIGHT EXPERIENCE To recreate the wonder of discovery experienced by those quarry workers, guests will be walking through a small section of the cave by flashlight only. Flashlights are provided or you can bring your own. Take a trip through the cave you won’t forget! FR...

It was reported on 16 September 2014 that Zimbabwe’s Pen East Investments had teamed up with Vi Holdings through its JSC Afromet subsidiary, to form Great Dyke Investments (GDI), which planned to develop a $3 billion platinum mining project in...