Zimbabwe Lithium Company (ZLC) expects to complete a pilot plant and start production of lithium concentrates in the second quarter of 2019 after a legal dispute delayed work on the project, its chief executive said on Monday. John McTaggart said...
Australian company African Continental Minerals (ACM) is to sign a 20-year joint venture with the Zimbabwe government to exploit coal bed methane in the country. A draft MoU between government and ACM’s parent company,...
The Reserve Bank of Zimbabwe is failing to ship in enough foreign currency to pay for gold purchases, a miners’ group says.  Fidelity Printers & Refiners (FPR), the central bank unit which is the...
TURNALL Holdings reported its biggest half-year profit since dollarisation in the first half of 2018, driven by strong volume growth and an unlikely upswing in construction activity in the country. The company reported $1.4 million net profit, from a $295,000...
By Leon Louw When it comes to Zimbabwe, investors either remain on the side-lines or they take flight. Two years ago, when Mnangagwa took over from Robert Mugabe, Zimbabwe was the talk of the town, especially...
With the exit of South Africa’s Pepkor, Power Sales is remodeling the business to source product from local manufacturers.  Under Pepkor, all Power Sales stock was sourced 100% from South Africa. This is unlike...
Jorum Gumbo, the former Transport Minister, has been arrested for his actions around the Zimbabwe Airways controversy. But it tells a story of President Emmerson Mnangagwa’s feeble anti-corruption drive that none of the charges Gumbo faces shed...
Cassava SmarTech now offers a foreign currency account (FCA) wallet on its EcoCash mobile money platform, following October’s “ring fencing” of US dollar balances by the Ministry of Finance.  Cassava Smartech is the financial technology spinoff of Econet Wireless, and houses services such...
Zimbabwe needs to relax local ownership laws and forex retention regulations to back investors, says the chair of Anglo American Platinum (Amplats), as it commissioned its US$62 million smelter at Unki on Thursday.  Zimbabwe...
AIM-listed miner Vast Resources PLC has raised £863,750 through a subscription, part of which will be used for due diligence at the Marange Diamond Fields. The company announced recently that it had reached an agreement giving it access to the...
- Advertisement -

Recent Posts