Caledonia Mining has agreed to buy Bilboes gold mine for US$53 million worth of stock, a deal that could increase Caledonia’s gold output by four times. Caledonia currently owns Blanket Mine and has stated...
Strive Masiyiwa, who runs firms including Africa’s largest fiber-optic cable network, plans to raise as much as US$500 million to expand his digital infrastructure and services businesses.  The tycoon’s Cassava Technologies will tap investors...
Chengxin, the Shenzhen-listed company that has acquired lithium prospects in Zimbabwe, expects to spend US$130 million to develop the new Sabi Star mine in Buhera. The company, listed on the Shenzhen stock exchange, spent...
Econet Wireless, Zimbabwe’s biggest tech company, recorded strong growth in data volumes and voice usage last year, but the company’s latest numbers show how much the economy’s currency crisis is holding back growth and service.
Record quarterly gold output drove Caledonia Mining Corporation to a 29% rise in half-year output, keeping the company on track to meet its annual targets. Blanket Mine produced 20,091 ounces in the quarter to June, 20%...
By Nelson Banya Premier African Minerals will start shipping spodumene concentrate from its Zulu lithium mine in Zimbabwe to China by March 2023 after signing an offtake deal with Suzhou TA&A Ultra Clean...
By Tonderai Maruke The train arriving at the Maputo port, hauling 40 wagons each carrying 2000 tonnes of coal from Botswana, shows how coal producers are riding the growing global demand for coal.  
After opening its new US$20 million Highland Park Mall in Harare, property company Terrace Africa has announced a plan to list a real estate fund on the Zimbabwe Stock Exchange by year-end.The Real Estate Investment Trust (REIT),...
By Nelson Banya Zimbabwean farmers looking to cash in on the boom in medical marijuana face a litany of costs and regulatory barriers, but farmers like Munyaradzi Nyanungo are nonetheless hoping it will prove...
Ireland's gold and zinc explorer Arkle Resources, listed on London’s AIM market, is the latest company to make an entry into Zimbabwe to prospect for lithium. The company, whose only operations are in Ireland, says it...
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