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Tuesday, September 21, 2021
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FPL for one person up by 4% in FebTCPL for an average of five people rose by 18%Lockdown weighing on informal sector Harare - The poverty levels in Zimbabwe are likely to worsen as an effect of the COVID-19 global pandemic that has...
Tax-free threshold up 150%Move meant to minimize the tax burden and enhance disposable incomeCivil service is demanding salaries in USD Harare - Government has reviewed upwards the tax-free threshold for Personal Income Tax in a bid to cushion workers from bracket creep as...
Illegal occupants of mine’s houses to be relocatedArcturus mine Clinic set to reopenThe mine will be closed to visitors Harare - TN Gold-Arcturus Mine is set to go on lockdown from the 27th of March 2020 so at ensure the safety of its occupants from coronavirus.
Suspension of import duty on mineral concentratesThis follows SA’s lockdown which will disrupt copper supplyZambia’s mining sector dipped by 12.3% in 2019 Harare - Zambia will suspend import duty on mineral concentrates and value added tax on imported spare parts to support the economy amid...
PGM production down 3% to 201 700ozDelivered an adjusted EBITDA margin of 46% against 35% in 2019Improved the built-up head grade by 4% from 3.45 to 3.58 g/t HARARE - Anglo American Platinum has reported that PGM production at its Zimbabwe-based operation, Unki Mine...
Move to take effect from 30 March 2020Skeletal staff to be on standbyBourse announced deferment of financial results publication period for HY/FY to 31 December 2019 Harare – The Zimbabwe Stock Exchange has announced the shortening of trading hours as part of measures to ensure the safety...
Chartered flights to transport unprocessed metals from African minesFidelity Printers which then sells its gold to South Africa’s Rand RefineryGold is one of Zimbabwe’s largest forex earners South Africa’s Rand Refinery has turned to chartered flights to transport unprocessed metals from African mines...
Kits allocated to Office of President and Cabinet, PSMI, Sally Mugabe Central and Mpilo HospitalsFBC has always been instrumental in funding various programs aimed at improving the livelihoods of Zimbabweans Harare - FBC Holdings has donated ten thousand coronavirus test kits in the...
Volumes tumbled across all segmentsRevenue grew by a marginal 1%No dividend pay-out HARARE – Listed manufacturer and marketer of packaging products, Nampak Zimbabwe Limited has suffered a plunge in volumes across all segments for the year ended 30 September 2020. The company on...
DGA Zim Q3 and nine months volumes were down by 25% and 35% respectivelyAccessing forex has remained Transerv’s biggest challengeGroup registered positive profit performance in April despite lockdown Harare - Local shortage of foreign exchange negatively affected AXIA’s sales volumes which saw only...