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Barnabas Thondhlana

Zimbabwe hopes for savings as it unveils ethanol-blending rules

1st March 2013 Zimbabwe stands to save about $2-million a month following government’s decision to pass new regulations making it mandatory for oil companies to sell blended fuel.  

‘Excess’ ground seized from Implats’ Zim unit

22nd February 2013 The Zimbabwe government has, with immediate effect, repossessed 27 948 ha of "excess" ground with platinum reserves held by Impala Platinum Holdings subsidiary Zimbabwe Platinum Mines (Zimplats). Mines and Mining Development minister Obert Mpofu said Tuesday the land will be allocated to new... 

Zim mining sector to grow by 15.8% this year – Minister

13th April 2012 Zimbabwe’s mining sector is expected to grow by 15.8% this year, anchoring the country’s estimated economic growth rate of 9.4%, Mines and Mineral Development Minister Obert Mpofu has said. Addressing a Chamber of Mines breakfast meeting in Harare last week, Mpofu said the sector would grow... 

Zim to announce outcome of power generation tender by July

2nd March 2012 Zimbabwe is set to award tenders for the country's power generation expansion programme by July, Energy and Power Development Minister Elton Mangoma has said. 

Mining biggest contributor to Zim GDP

24th February 2012 The mining sector is the biggest contributor to the growth of Zimbabwe's economy, accounting for 25.8% of the impetus, central bank governor Dr Gideon Gono has said. 

173 mining companies submit indigenisation proposals to Zim govt

8th July 2011 Dozens of mining firms have submitted indeginisation proposals to government in line with a directive compelling them to do so.  

New Zisco majority owner promises to inject capital into ailing business

25th March 2011 The Zimbabwe government and Essar Africa Holdings have signed a contract for the disposal of the Zimbabwe Iron & Steel Company (Zisco) to the Mauritian firm in a $750-million deal. 

$14bn would be needed to revive Zimbabwe's dilapidated infrastructure

25th March 2011 Zimbabwe requires a staggering $14-billion to fund the rehabilitation of is ailing infrastructure, which has suffered from a decade of neglect, says the African Development Bank (AfDB). 

Zim ferrochrome producer to kick off $300m capex plan in second half of this year

18th March 2011 The Zimbabwe Mining & Smelting Company (Zimasco) says its ambitious $300 million capital expenditure plan, involving the upgrading of its blast furnaces, will start in the second half of this year. 

Zim approves two power station projects with a combined price tag of $6,6bn

4th March 2011 The Zimbabwe government has approved two energy projects worth about $6,6-billion that could ease the country's power shortages. 

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