An upper-middle-income Zimbabwe by 2030? You need 9% annual growth rates to get there,...
“Zimbabwe will be an upper middle-income country by 2030” is a slogan that officials in the country love repeating. But this would need unlikely growth rates of...
Karo finally starts building new US$391m mine, targets ‘stranded’ pension fund money in US$50m...
Tharisa is targeting Zimbabwean pension funds and banks in a US$50 million bond on the Victoria Falls Stock Exchange (VFEX) to help fund Karo Platinum, the new...
Zimbabwe wants mines to pay part of their royalties in commodities. Here is what...
Zimbabwe has announced that it wants miners of four key minerals to pay half of their royalties in the commodities.
Currently, platinum miners...
Zimplats is increasing procurement as it expands. How much is it spending locally?
Zimplats, the country’s biggest platinum mine, scaled up capital expenditure over the past year as part of its US$1.8 billion expansion plan. But how much of this...
FACT BOX: Tsingshan is building a US$1bn steel plant in Zimbabwe. Here is what...
President Emmerson Mnangagwa has broken ground at the site of a steel plant being built at Manhize, near Chivhu.
Officials are touting it as...
Mimosa Platinum invests US$200m for Zimbabwe mine expansion, processing
Mimosa Platinum says it is to invest US$200 million to develop new mining areas, build a new tailings dam and improve processing efficiencies.
