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President Emmerson Mnangagwa has commanded mining companies in Zimbabwe to pay their workers good salaries following mine workers’ outcry over poor wages and their description of the recent 100% wage hike as “double nonsense”.
Zimbabwean mining firms want to retain all of their export earnings in foreign currencies, saying they are disadvantaged by having a proportion paid to them in Zimbabwe dollars.
Workers in the mining industry have been awarded an 80 percent wage increase following negotiations between the Associated Mine Workers Union of Zimbabwe (AMWUZ) and the Chamber of Mines.
Government will not compel mining companies in the country to list on the Zimbabwe Stock Exchange as such policy perspective is not in line with the vision of the new dispensation, a Cabinet minister has said. Mines and Mining Development Minister Winston Chitando told the Chamber of Mines Annual General Meeting in Victoria Falls on Saturday that previous reports on the issue of listing had caused panic and disquiet among investors.
The Chamber of Mines expects government to conclude the review of the country’s mining tax regime by the end of 2017.
By Ndakaziva Majaka Zimbabwean miners are targeting increased output next year on the back of improved capacity utilisation, the country’s Chamber of Mines has said. A survey conducted by the mining industry body, launched in the capital yesterday, revealed that most miners expect fortunes to turn around in 2017 after enduring a turbulent 2016 where […]
Zimbabwe’s platinum miners, represented by the Chamber of Mines have engaged government over the omission of platinum export tax in the 2015 Finance Bill gazetted two weeks ago.
ZIMBABWE’S gold mining sector, rattled by massive cuts in global metal prices, is bracing for a renewed wave of mine closures that could significantly affect the country’s embattled economy.
BULAWAYO – Zimbabwe’s mines chamber on Saturday says it has no concerns over a new law which allows the state to seize un-utilised mining claims with effect from January 2017, as long as the process is orderly.