The African Export-Import Bank (Afreximbank) says it has approved US$70 million to help fund the expansion and upgrade of the Beitbridge border post.
Afreximbank will extend a US$43 million senior term loan facility to...
Victor Gapare was an executive at Anglo American Corporation Zimbabwe when the company exited Zimbabwe’s gold sector in 2003. Gapare was part of a management buyout that took over Bilboes, a mine 75km from Bulawayo.
Zimbabweans drank record amounts of lager beer in 2022, handing the country’s biggest brewer Delta Beverages revenues of US$713 million in the year.
Demand for beer was driven by government construction projects, miners, farmers,...
Confidence among mining executives in Zimbabwe has dipped further this year, hit by worries over power cuts, the foreign currency crisis and an uncertain policy outlook, a new industry survey shows.
The Mining...
Cement producer PPC says cement sales volumes in Zimbabwe grew by a better-than-expected 19% in the six months to September, as the industry saw double-digit growth in demand for cement.
PPC, which says it...
China’s Tsingshan Global Holdings, the world’s number one producer of stainless steel, wants more out of Zimbabwe than it initially planned.
The company signed an MoU with Zimbabwe in June 2018 for the...
A legal clash over the definition of lithium beneficiation is fuelling a standoff between Zimbabwe’s lithium producers and the government, with miners warning that conflicting laws are inflating taxes and threatening investment agreements.
At...
Caledonia Mining’s investment in a new shaft at Blanket Mine is starting to show results; ore tonnage reached new records in the second quarter, helping the company double earnings for the period.
The company...
Gold miner Caledonia Mining is seeking ways to deepen its
investment in Zimbabwe even though a currency crisis has dented its earnings
and bureaucracy has slowed the company’s purchase of an increased stake.
The end of...
Zimbabwe mining executives are slightly more confident about 2021 than they were over 2020, but they expect no improvement on policy uncertainty and the lack of capital, a new survey out on Wednesday says.
The Mining Business Confidence Index (MBCI),...
