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Zimplats redevelops its biggest mine following collapse, says now safe to resume ops

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Posted by admin 7 days ago (http://source.co.zw)
HARARE, December 11 (The Source) – Zimbabwe’s largest platinum miner Zimplats has begun redeveloping its biggest underground mine, which was shut down after one of its sections collapsed early this year, the company announced on Thursday. When Zimplats closed Bimha, its largest underground operation, following a ground collapse at the mine in July, it had […]

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British firms underplay Zim corruption

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Posted by admin 7 days ago (http://www.financialgazette.co.zw)
HEADS of British multinational companies have made startling disclosures that appeared to suggest they were comfortable with the level of corruption in Zimbabwe, saying sleaze in the country was insignificant and therefore not a big bother. In a report titled Zimbabwe Scoping Report by the Foreign & Commonwealth Office prepared by British Expertise, some British ...

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Editorial | Thanks for the coins but …

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Posted by admin 7 days ago (http://www.financialgazette.co.zw)
THE Reserve Bank of Zimbabwe (RBZ) recently unveiled bond coins to the public in line with its announcement made in the Monetary Policy Statement of August. When RBZ governor John Mangudya first announced the plan to introduce the special coins, we applauded. Mangudya indicated when he announced the plan that he wanted to tame the ...

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Editorial | Politics shuns young people

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Posted by admin 7 days ago (http://www.financialgazette.co.zw)
THE ZANU-PF 6th People’s National Conference came with promises for big surprises yet there were no new revelations. What Zimbabweans knew before the congress is what they left the congress knowing. President Robert Mugabe was declared as the party’s sole candidate for the 2018 national elections. But where are the young people in all of ...

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Open Forum | Hunger comes after Ebola

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Posted by admin 7 days ago (http://www.financialgazette.co.zw)
AS Ebola continues to ravage West Africa, leaving approximately 5 000 people dead, the region is now on the brink of a major food crisis. The world’s worst Ebola epidemic has endangered harvests and sent food prices soaring in West Africa. If there is no timely intervention by the international community in the form of ...

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Crisis Coalition evades tax

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Posted by admin 7 days ago (http://www.financialgazette.co.zw)
THE Crisis in Zimbabwe Coalition (CiZC), which is the secretariat of a grouping of 82 non-governmental organisations working to tackle the crisis in Zimbabwe, did not pay its taxes in 2012 going into 2013, an audit report has revealed. An audit by chartered accountants, Baker Tilly Gwatidzo, found that in the period ending December 31, ...

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More chefs to fall

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Posted by admin 7 days ago (http://www.financialgazette.co.zw)
NEARLY half of President Robert Mugabe’s Cabinet is likely to fall by the wayside in the coming weeks if not days as the ZANU-PF leader discards some of his lieutenants he now accuses of working against him, the Financial Gazette can report. Joice Mujuru, former President Mugabe’s number two, was shown the door along with ...

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227 companies jostle for ZETDC tender

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Posted by admin 7 days ago (http://www.financialgazette.co.zw)
A TOTAL of 227 companies bought tender documents for the supply of smart metering equipment estimated to cost around US$100 million, the Financial Gazette has learnt. The tender has been flouted by the Zimbabwe Electricity Transmission and Distribution Company (ZETDC), a unit of power utility ZESA Holdings.  The number of companies that have bought the ...

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