Forex markets and spending cuts: Prof Chakravati’s 5 steps to Zimbabwe’s economic recovery

With Zimbabwe facing a deep economic crisis, marked by acute foreign currency shortages, debate is raging on how best the country can manage the exchange rate. The Government insists on...

INTERVIEW: Lithium Consolidated acquires two mines in Zim, says country will be a key...

Lithium Consolidated Limited, an ASX-listed firm with operations in Australia, has acquired two lithium mining projects Zimbabwe. The company is one of several Australian firms exploring lithium and other...

Joe Mutizwa tells US Senate: US must drop sanctions, ED must get house in...

America must lift sanctions on Zimbabwe, as they are damaging private companies, but President Emmerson Mnangagwa's government must in turn “put its house in order” on governance and economic...

Spanish-Japanese firm Univergy agrees deal to build solar plants for RioZim mines

Spanish-Japanese company Univergy International has announced that it will build 180 MW of solar power generation capacity to supply electricity to miner RioZim. Univergy will partner RioEnergy, the RioZim energy...

Zimbabwe govt to keep 46% of diamond mines, may waiver local ownership

The Zimbabwe government will hold 46% of all diamond mining in the country, while local investors will own 5% of any new operations, under a new policy announced on...

Currency crisis triggers gold output collapse

The production of gold, Zimbabwe’s top export, collapsed 59% percent September and November, mirroring a foreign currency crisis that has hit the country’s major mines and could deter new...