Gold producer RioZim could join the Victoria Falls Stock Exchange (VFEX), where miners are attracted by tax breaks offered for listing on the USD-denominated market.
A VFEX listing could ease part of RioZim’s problems,...
A takeover of one of Southern Africa’s biggest sugar producers by a wealthy Zimbabwean family was never going to be sweet news for everyone in South Africa’s financial markets.
But, according to Hamish Rudland,...
Prospect Resources and Huayou International have moved a step closer to sealing a US$422 million acquisition deal, winning key regulatory approvals in China and cancelling a previous offtake deal with another Chinese company, Sinomine.
Chinese explosives company Hunan Nanling Industrial Explosive Materials has cancelled its contract in Zimbabwe over what it says is a ‘turbulent domestic situation’ in the economy.
The Chinese government has a significant stake in...
Major recent transactions involving Zimbabwean lithium assets have raised strong public interest.
Among these deals are Prospect Resources’ US$422 million acquisition by China’s Huayou Cobalt, and Sinomine's US$180 million takeover of Bikita Minerals,...
Huayou, one of the world’s biggest companies in the battery metals business, has announced a deal to buy Prospect Resources, which is developing a lithium mine in Zimbabwe. The deal will see the Chinese giant paying US$422...
China’s Zhejiang Huayou, the world’s biggest refiner of the battery metal cobalt, is to buy lithium developer Prospect Resources and creditor's rights for a combined US$422 million.
Prospect is developing the Arcadia lithium mine...
By Simba Mandonye
Has Varun Beverages' Zimbabwe’s Special Economic Zone (SEZ) status given the PepsiCo franchise an unfair advantage over its industry peers? The numbers definitely say so.
The purpose of...
By Adriaan Kruger
Mukuru started 17 years ago as a solution to a problem two Zimbabwean immigrants faced in London.
Born out of necessity, Mukuru has grown from a remittances...
Weeks after Zimbabwe’s independence in 1980, British mining tycoon Algy Cluff hopped on a plane to Harare, keen to invest in the new economy. Soon afterwards, his company Cluff Resources opened Freda Rebecca, which became the country’s...
