Treasury to revoke mining tax breaks

According to CoMZ’s latest report, mineral revenue is expected to rise by approximately 2% in 2024.
By Melody Chikono Oct. 25, 2024

Govt official requests mine refining, processing capital

Zimbabwe’s most valuable mineral resources are gold, platinum, lithium and chrome, among others.
By Freeman Makopa Oct. 16, 2024
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Zim miners upbeat despite power, cash squeeze

Local miners are expected to put US$600 million into capital expenditure next year to increase capacity utilisation.
By Nizbert Moyo Oct. 13, 2024

Industries buckle under prohibitive power tariffs

Economists are warning that the country’s economic growth targets are now in jeopardy, compounded by a severe drought that has wiped out over 80% of crops in some regions.
By Freeman Makopa Aug. 30, 2024

Zim mines to dig deeper for less… Annual revenue seen falling by US$500 million

In its outlook for the sector, IH noted that the market was likely to experience continued volatility, persistent power cuts, and erratic policy shifts.
By Tafadzwa Mhlanga Jul. 5, 2024

Mining companies spend big to boost output

According to the Chamber of Mines of Zimbabwe’s (CoMZ) 2023 report, various mining companies are investing heavily in expansion and development projects.
By Mthandazo Nyoni Jun. 19, 2024

Mining unions petition Labour ministry

Masarire Law Chambers, expressed concerns over the manner in which the selection of the union into NEC was done.
By Silas Nkala Jun. 19, 2024

Smart mining: Transforming Zim’s mining sector through connectivity

This in a region where the smart mining market is expected to grow to US$ 1,664.30 million by 2028; a compound annual growth rate of 14.5%.
By Lorreta Songola Jun. 7, 2024

Experts rebuff ‘high tax regime’ claim

They argued that the 20% capital gains tax, applied retrospectively on the full purchase price, was excessive and detrimental to investor confidence.
By Mthandazo Nyoni Jun. 7, 2024