Padenga expects to double gold output in 2022, backed by a US$29 million investment to start underground mining at Pickstone Mine and production from the newly reopened Eureka Mine.
Eureka, which returned to production...
President Emmerson Mnangagwa has announced a raft of measures that he says are necessary to stabilize the exchange rate.
Flanked by Finance Minister Mthuli Ncube and RBZ governor John Mangudya, Mnangagwa said “strong fundamentals”...
By Tatenda Kanengoni
It’s shortly after 8am on a Tuesday, and there’s a constant stream of gym-goers and commuters making their way towards a mobile coffee truck parked at a service station in Rolf...
By Takura Zhangazha
Religion has always been integral to Zimbabwe’s national consciousness, historically and in the contemporary.
From what is widely accepted as fact, the majority of Zimbabwe’s liberation heroes and leaders had...
Maize output will be 43% less than last year, according to a new government estimate.
This leaves a deficit of 300 000 tonnes that may have to be filled by imports. With prices of...
Zimbabweans abroad sent home US$388 million in the first three months of the year, 29% more than they did over the same period last year, central bank data shows.
Cash coming in from...
Tharisa, the South African company developing a platinum mine in Zimbabwe, plans to sell US$50 million of bonds on the Victoria Falls Stock Exchange to help finance the project.
The miner last month announced...
What do you do when your company has claims of close to half a billion US dollars against it? Strip its assets and hide them under another company.
Internal documents obtained...
Zimbabwe may have to import maize and brace for higher US dollar prices due to the combined impact of poor rains and the Ukraine war, the country’s biggest food manufacturer says.
National Foods,...
Between 2000 and 2020, China gave 1,188 loans worth US$159.9 billion to Africa.
How does Zimbabwe compare?
Zimbabwe got at least 30 loans worth US$3 billion over those 20 years....
