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Zimbabwe Stock Exchange mining-listed firm, Falcon Gold Zimbabwe (Falgold), lost nine gold bullions worth nearly US$5 million from its safe and managed to keep the theft under wraps for the past five years, the Financial Gazette’s Companies & Markets can reveal.
Zesa Holdings has switched off the country’s sole Ammonium Nitrate manufacturer, Sable Chemicals, rendering about 500 people jobless.
The country’s sole Ammonium Nitrate (AN) fertiliser manufacturer, Sable Chemicals, will on Sunday shut down following the announcement by Energy and Power Development Minister, Dr Samuel Undenge on Tuesday that 40 Megawatts it has been receiving will be diverted to residential areas.