UK’s Kavango says in talks to acquire gold operation in Zimbabwe
UK-listed Kavango Resources says it is in the late stages of discussions over a potential two-year option to acquire a gold exploration and development project in Zimbabwe...
Dollarisation will shrink our economy, warns Delta
Delta Beverages says increased dollarisation in Zimbabwe’s economy may cripple economic growth this year.
The country’s biggest brewer and bottler says its USD sales...
Record beer volumes drive Delta to US$713m annual revenues, company spends US$70m on expansion
Zimbabweans drank record amounts of lager beer in 2022, handing the country’s biggest brewer Delta Beverages revenues of US$713 million in the year.
Demand...
Padenga doubles gold output, revived Eureka mine gives it a seat at the top...
Dallaglio, the mining arm of VFEX-listed Padenga, more than doubled gold output in 2022, the first full year of production for its new mine, Eureka.
IMF to Zimbabwe: forget digital currency, free your exchange rate instead
By Ray Ndlovu
The International Monetary Fund cautioned Zimbabwe against adopting a gold-backed digital currency to deal with macroeconomic challenges like volatility in...
A sobering new survey of mining investors shows Zimbabwe’s continuing perception crisis
Zimbabwe is talking up a US$12 billion mining industry and riding a lithium wave, but the country still has much to do to clear perceptions among some...
