Business

Zimbabwe to meet with Bravura over delayed platinum project

Godfrey Marawanyika, Bloomberg News The Zimbabwean government will meet with Bravura Holdings Ltd., a company owned by Nigerian billionaire Benedict Peters,
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Tongaat Hulett’s Zimbabwe unit expected to lift earnings

By Business Report Analysts expect revenues in Tongaat Hulett’s Zimbabwe listed unit, Hippo Valley Estates, to top $141 million in
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Premier wants to resolve lithium supply spat with China’s Canmax after defect at Zimbabwe plant

By Reuters HARARE: Premier African Minerals (PREM.L) wants to resolve its lithium supply dispute with China’s Canmax Technologies (300390.SZ), the miner said
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Zimbabwean businesses welcome export of more products to China

By Xinhua HARARE: Zimbabwean businesses welcome the export of more local products to China as the first shipment of Zimbabwean
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Opening of $104m mining facility a ‘milestone’ for Zimbabwe

By Agencies Zimbabwe’s largest platinum producer Zimplats has opened a third mining concentrator as part of a $1.8bn investment by
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UK-based Galileo announce discovery and delineation of extensive gold targets near Bulawayo

By miningweekly.com Mineral exploration company Galileo Resources says a recently completed gold-in-soil geochemical survey in the area around the company’s Queen’s mine, near Bulawayo,
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Zimbabwe inflation doubles to 175.8% in June amid weakening currency

By Agencies Zimbabwe’s annual inflation rose to 175.8% in June from 86.5% in May, data showed on Monday, exacerbating a
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Kavango secures option over Zimbabwe gold project

By Agencies Southern Africa-focussed metals exploration company Kavango Resources has signed an exclusive two-year option to acquire a producing gold exploration project in southern Zimbabwe. The Nara project comprises 45
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Lithium miner Premier’s shares slide on Zimbabwe force majeure

By Reuters HARARE: Shares in Premier African Minerals (PREM.L) plunged 40% on Monday after the company declared force majeure at its
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Kenya’s new tax package angers some backers of president who once vowed to reduce cost

By Associated Press NAIROBI: Kenyans are preparing for tough times after lawmakers approved tax increases that are even unpopular with
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