Gwanda, Zimbabwe – In a move that highlights the staggering gap between President Emmerson Mnangagwa’s “Open for Business” rhetoric and the reality of lawlessness on the ground, the recently resuscitated …
Mining
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BUSINESS NEWS
Rushwaya Warns of Possible Unrest Over Abuse of Small-Scale Miners by Chinese Nationals
by Kells Dzivaby Kells DzivaZimbabwe Miners Federation (ZMF) president Henrietta Rushwaya has raised alarm over the increasing reports of violence, exploitation, and mistreatment of small-scale miners by some Chinese investors, warning that continued abuses …
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Karo Mining Holdings, a Victoria Falls Stock Exchange-listed platinum miner once touted as a game-changer for Zimbabwe’s mining sector, is reportedly cutting jobs and delaying key projects amid financial strain. …
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Zimbabwe has exceeded its 2024 gold production target, achieving a record-breaking 36.48 tonnes. This surge in output was driven by strong global gold prices and continuous support from the Government, …
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A Chinese mine supervisor who filmed himself pointing a gun at an upset worker demanding unpaid wages has been arrested, according to police reports on Thursday. The worker, identified as …
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LOCAL NEWS
“I Want My Money!” – Chinese National Pulls Out Gun As Worker Protest Over Unpaid Wages
by Kells Dzivaby Kells DzivaA violent confrontation erupted on January 21 at a Chinese-owned mining company after a worker demanding unpaid wages clashed with his supervisors, sparking outrage on social media and calls for …
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BUSINESS NEWS
Botha Mine Warns Stakeholders to Avoid Dealing with Fraudster Angela Mpofu
by Kells Dzivaby Kells DzivaThe Botha Mine Board and Management have issued a statement regarding the ongoing suspension of Angela Mpofu, who remains under investigation for allegations of fraud. The company emphasized that Mrs. …
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LOCAL NEWS
Chinese Mining Firm ‘Sino Africa Huijin Holdings’ in Zimbabwe Under Fire for Environmental and Community Harm
by Kells Dzivaby Kells DzivaA Chinese company operating a gold mine in eastern Zimbabwe since at least 2021 is facing scrutiny from government officials and mounting criticism from local residents. The company, Sino Africa …
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BUSINESS NEWS
YMED President Calls for Policies to Maximise Zimbabweans’ Benefits from Mining Sector
by Kells Dzivaby Kells DzivaThe president of Young Miners for Economic Development (YMED), Mr. Nyasha Magadhi, has called on the Government to implement policies that enhance the economic and social benefits derived by Zimbabweans …
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BUSINESS NEWS
Karo Platinum Project Delayed to 2026 Amid PGM Market Challenges
by Kells Dzivaby Kells DzivaKaro Mining Holdings, the company spearheading the Karo Platinum project in Zimbabwe, has announced that its First Ore in Mill (FOIM) is now anticipated in the latter half of 2026. …