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Bindura Nickel eyes Victoria Falls bourse listing

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BY TANYA BLAKE

Zimbabwe’s biggest nickel operation plans to list on the U.S. dollar-denominated stock exchange in Victoria Falls, as part of efforts to ignite foreign interest in the miner.

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Bindura Nickel Corporation has requested shareholder approval to delist from the Zimbabwe Stock Exchange and list on the Victoria Falls Stock Exchange, or VFEX, it said in a circular to shareholders published in the state controlled media on Friday.

The request follows board approval on October 15.

“VFEX avails the company an exchange control regime designed to attract international investors with the ease which they can deal in shares listed thereon as well as repatriate both their capital and earnings in US dollars,” the miner said.

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“After migrating to the VFEX, BNC will have a potential source of capital that matches its needs better than what is available through ZSE listing.”

VFEX is offering a raft of incentives including tax exemptions on capital gains and the ability to repatriate funds from a country where foreign exchange is in short supply to attract global capital.

Since opening in October 2020, the bourse has attracted two listings, and may soon have a third from Caledonia Mining Corporaton, Zimbabwe’s second-largest gold producer by volume.

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Kuvimba Mining House owns a majority stake in the miner, situated in Bindura, north of the capital, Harare.

It produced about 5 300 tonnes of nickel concentrate in the year through March, with the aim to boost that to 10 000 tonnes in the long term.

Shareholders will vote on the resolution at an extraordinary general meeting on December 13 – Mining Weekly

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National

Government unveils plan to curb road accidents

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BY NOKUTHABA DLAMINI

Minister of Information, Publicity, and Broadcasting Services, Jenfan Muswere, has outlined a series of measures to combat the rising tide of road traffic accidents in the country.

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Zimbabwe has been witnessing a worrying surge in road traffic accidents, with the latest incident claiming 17 lives last week, along Seke road.

Yesterday, Muswere addressed the cabinet, outlining measures to curb road traffic accidents. Below is his statement, word for word:

“So capacitation of the vehicle inspection is ongoing and the sourcing of the vehicle inspection department. Compliance to legislation is also one of the parameters that we are utilising.Standardisation in terms of driving schools, the training of drivers, speed limits as a governance to traffic monitoring, the utilisation of traffic management, the utilisation of cameras for number plate recognition and facial recognition in order to curb over speeding and traffic offences. The capacitation of the Zimbabwe Republic Police in order to apprehend and also deal with traffic offences. Legislation amendments that are taking place in order to ensure that our roads are safe. As the minister (Felix Mhona) has also highlighted that the Civil Protection Unit is being capacitated in order to deal with the challenges that we might not have been able to deal with as part of an architecture under the hall of government approach.”

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Background statistics from the Zimbabwe Republic Police reveal a concerning trend. During the first six months of 2025, the country recorded 28 159 road traffic accidents, up from 25 968 in the same period last year. Fatal crashes also increased by 11% from 784 to 870, while road deaths rose by 4.9% from 1 037 to 1 088. The majority of accidents occur in known danger zones, often due to commuter congestion and erratic driving by public transport operators.

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Chidzivo, Waison take top honors at Vic Falls Marathon

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BY NOKUTHABA DLAMINI 

Blessing Waison and Fortunate Chidzivo took top honors at the 2025 Econet Victoria Falls Marathon yesterday, as Zimbabwean long-distance runners excelled at Africa’s most prestigious road race.

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Econet General Manager – Marketing, Mrs Tariro Muchena (left), and Finance Director, Mr Chengeto Moyo, present the winner’s prize to men’s marathon champion, Blessing Waison, at the 2025 Econet Victoria Falls Marathon, while Victoria Falls Mayor, Mr Prince Moyo, looks on

The event, which featured athletes from over 40 countries, saw Waison storm to victory in the men’s full marathon, clocking 2 hours, 13 minutes, and 16 seconds. He narrowly beat decorated Olympian Isaac Mpofu in a thrilling duel that brought thousands of spectators to their feet.

Godwin Katakura followed closely in third, completing an all-Zimbabwean podium sweep in the 42.2km race. The trio’s success came with bigger rewards this year, after Econet Wireless doubled the total prize purse to $50,000.

Waison walked away with $3,000, while Mpofu and Katakura earned $2,000 and $1,500, respectively.

In the women’s marathon, Chidzivo delivered a commanding performance, clocking 2 hours and 42 minutes to claim another major title in her illustrious career. Ethel Pangiso and Phillipa Dube completed the women’s podium in second and third place, respectively.

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Rising star Wayne Kabondo turned heads in the men’s 21km half marathon, overcoming a formidable field to finish in 1 hour, 3 minutes, and 44 seconds. Kabondo pocketed $1,500 for his efforts.

In the women’s 21km race, Caroline Mhandu crossed the line in 1 hour, 17 minutes, and 50 seconds, ahead of Miriam Sibanda and Melody Kaseke.

The marathon’s inclusive spirit was evident in the 18km Specially Abled Races, which saw uplifting performances across different categories. Godknows Hamadziripi claimed the men’s tricycle title, while Samson Muroyiwa won the handcycle event.

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Among the women, Stella Jongwe triumphed in the handcycle race, and Ratidzo Tomu took first position in the tricycle category.

Organized by Econet Wireless in partnership with Wild Horizons, the 2025 edition drew over 5,000 participants and spectators from more than 40 countries. The marathon route, widely regarded as Africa’s most scenic, winds through game reserves and offers spectacular views of the Zambezi River and Victoria Falls.

https://x.com/vic_falls_live/status/1941861569450725776?s=46

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Beyond the races, this year’s event featured live music, traditional dance, health expos, and community wellness activities.

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Coal train in flames: NRZ locomotive damaged in fire incident

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BY WANDILE TSHUMA 

A National Railways of Zimbabwe (NRZ) locomotive suffered significant damage after catching fire while transporting export coal to Zambi. The incident occurred between Kalala and Matetsi sidings, resulting in the explosion of the locomotive’s fuel tanks.

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According to the NRZ press statement on Monday, “A National Railways of Zimbabwe locomotive suffered some damages after it caught fire this afternoon while transporting export coal to Zambia.” Fortunately, the crew members on board managed to escape unharmed.

The NRZ responded swiftly to the incident, dispatching a rescue train with crews to the site. The team successfully extinguished the fire, preventing further damage. However, the locomotive itself sustained considerable damage.

The cause of the fire is yet to be determined, with investigations currently underway. “Investigations are already underway to establish the cause of the fire and the amount of damage to the locomotive,” the NRZ statement read.

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