Business

Zimbabwe creditors see debt restructuring talks resuming despite disputed vote

By Bloomberg News Western-based creditors expect to resume talks with Zimbabwe on restructuring its $18 billion of debt, despite doubt
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Fastjet Zimbabwe increases frequencies from Bulawayo and Johannesburg

By Agencies Flights from Bulawayo to Johannesburg will increase from a daily service to 12 weekly flights with the re-introduction
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Galileo Resources gives details on Zimbabwe lithium plans

By Agencies Galileo Resources PLC (AIM:GLR) has explained the work currently underway at its Kamativi licence in Zimbabwe and the
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Premier amends offtake deal with Canmax for Zimbabwe lithium mine

By Agencies Togo-headquartered mining company Premier African Minerals has agreed to amend an offtake agreement, entered into with China-based Canmax
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Zimbabwe stockpiles 300,000 carats of diamonds – says RBZ governor

By Bloomberg The Reserve Bank of Zimbabwe has stockpiled 300,000 carats of diamonds under new regulations which compel miners to
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Galileo Resources makes ‘high-grade’ lithium discovery at Zimbabwe’s Kamativi

By Agencies Galileo Resources PLC on Thursday said lithium analysis has confirmed the presence of lithium at its Kamativi project
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Zimbabwe-focused gold producer Caledonia’s quarterly profit plummets amid higher costs

By Agencies Revenue flat at USD37.0 million. Production costs increase 43% to USD20.7 million from USD14.5 million. Net foreign exchange
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Invictus completes seismic survey for Zimbabwe project

By Agencies Invictus Energy Ltd. has wrapped up seismic data gathering on Zimbabwe’s Cabora Bassa Basin, expecting deeper leads in
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South Africa’s Impala Platinum misses production target amid power crisis

By Reuters South Africa’s Impala Platinum’s (IMPJ.J) refined platinum group metal (PGM) output declined 4% in the year ended June 30,
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Mthuli Ncube reveals plans to clear Zimbabwe’s $13-billion foreign debt by the end of 2025

By The Daily Maverick Finance Minister Mthuli Ncube says Harare will do all it can to clear its foreign debt
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