Sardonic Zimbabweans have a joke for every crisis.
One of the many crisis-fueled wisecracks goes: What’s the best time to fill up your fuel tank?
Answer: “When...
Aim-listed Premier African Minerals will recommence drilling
at its wholly-owned Zulu lithium and tantalum project, in Zimbabwe.
Mobilisation will begin immediately and drilling is expected to begin as soon as mobilisation is complete and seasonal...
On Monday, Reserve
Bank of Zimbabwe governor John Mangudya appeared before Parliament’s Public
Accounts Committee, where he testified that his strategy to assume over $1
billion in bad bank loans had saved the economy from collapse.
In...
Caledonia Mining says its earnings per share will fall by US$5.4 million after central bank dropped the export incentive scheme. The London-listed company, which owns Blanket gold mine, will not be the only one taking a...
Parliament’s Public Accounts Committee (PAC) has ordered the Reserve Bank of Zimbabwe (RBZ) to submit a list of all 1,016 beneficiaries of the central bank’s non-performing loan bail-out scheme within the next two weeks.
Vivo Energy, the London-listed oils company that holds the
Shell brand in Africa, has added Zimbabwe to its list of new markets after the
completion of a takeover of Engen assets across the continent.
Vivo...
Cassava Smartech, the fintech spinoff of Econet Wireless,
has acquired Medical Air Rescue Service (Mars), six years after what was once
one of the country’s biggest private emergency medical services was placed
under judicial management.
In...
Prospect Resources has been awarded special economic zone (SEZ) status for its flagship Arcadia lithium mining project, which will grant the project generous tax breaks and other concessions.
The licence is valid for 10...
A government minister has admitted to what many in the
mining industry have always said; the gold being sold through official channels
may be just a third of what the country actually produces, with the bulk being
lost to smuggling....
Power generation at Kariba has been slashed to half of capacity due to falling water levels in the dam.
A spokesman for Zambian power utility Zesco, Henry Kapata,
says power supply on both sides...
