Zimbabwe Glass Industries (Zimglass) the country’s sole glass manufacturer is still reeling in financial woes seven months after the company resumed operations. The company resumed operations in September last year following a $7 ...
Tags: Zimbabwe Glass, Financial Crisis
COMPANIES that participated in cartel activity in the glass manufacturing industry face prosecution by the Competition Tribunal following an investigation by the Competition Commission. The commission’s investigation, which started ...
Tags: Glass, Furman Glass
In March 2013, the A Index rose to 98.85 cents per pound on the 18th before receding to 93.15 cents per pound on March 26. The recent surge in cotton prices may be due to concerns about a tightening supply-demand balance outside of China as ...
Tags: Cotton Prices, Cotton, Cotton Market
The Kenyan government has said that it has no intention of censoring what citizens do online or of closing access to social media networks in the country, despite facing challenges of identifying and tracking down people behind online hate ...
The African Development Bank Group this week announced the launch of what it calls an open data platform in 20 African countries. The move comes as part of the group’s Africa Information Highway initiative, which is aimed at ...
Tags: data platform, data management, African Bank
Indian Essar group (Essar) is planning to spend about US$275 million to set up a ten million ton port in Mozambique. The port will facilitate exports from Zisco, a Zimbabwe based company Essar acquired in 2010 with 56% stake that cost ...
Tags: Essar, Mozambique, exports
Africa has become a battleground for low-to-mid-range smartphones following high-profile launches of products from leading manufacturers in the last two months. In Kenya last month, Safaricom, the region's largest mobile carrier, launched ...
Tags: smartphones, Africa, mobile
In a bid to aid the local textile industry facing fierce competition from low-cost imports, the Zimbabwean Government has approved a one-year rebate on import of a wide range of materials that domestic garment producers widely use as raw ...
Tags: Zimbabwe, Rebate, Textile Sector
PPC’s Zimbabwe subsidiary, Portland Holdings Limited (PHL), is to establish a new cement plant in Mashonaland province. The plant will have a production capacity of 1 million tpa and will serve the Harare and central Mozambique ...
Tags: PPC, cement plant, cement
Delta Beverages has announced the installation of a new $12.3m polyethylene terephathlate (PET) plastic bottling line at the Bon Accord Sparkling Beverages plant in Bulawayo, Zimbabwe. The new plant, which has a capacity of 15000 bottles ...
Global insurance broker Aon is planning to shut down its subsidiary in Zimbabwe, which provides insurance broking and employee benefit services in the country. An undisclosed source from Aon Zimbabwe was quoted by ZimEye as saying, "Aon ...
Zimbabwe government has set up a committee to handle the paperwork on the sticky issue of iron claims ahead of the projected start of operations at NewZim Steel in January. Industry and Commerce Minister, Professor Welshman Ncube has said ...
Tags: iron, Mines, Mining Development, steel
The mining and minerals industry has made major advances towards sustainability, but the sector faces new challenges as governments reassert control over their natural resources, but lack capacity to ensure mining can contribute to ...
Tags: Africa, Asia, Australia, China, Coal, Consultants News, Copper, Diamond
The following have all combined to limit control of foreign minerals by US companies: In 2011, Resource nationalism became the number one risk for mining companies Nationalization Expropriation Increased taxation Constraints on the degree ...
Tags: Cobalt, Rare Earth, USA, Metallurgy
Resource nationalism is assuming more subtle forms as governments resort to measures outside of blatant asset expropriations to retain the benefits proffered by their geological bounties. In an interview with the Financial Times (paywall) ...
Tags: Resource Nationalism, geological bounties, oil, mining