Namib Minerals to spend up to $400M to restart Zimbabwe gold mines

By mining.com Namib Minerals is looking to invest between $300-$400 million in order to bring two of its mothballed gold
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US court backs Zimbabwe’s bid to avoid paying $50m penalty in mining dispute

By Agencies UNITED STATES: The D.C. Circuit on Tuesday overturned a ruling ordering Zimbabwe to face litigation to enforce an
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Lithium smuggling rampant as Zimbabwe fails to end corruption

By Global Press Journal HARARE: In 2023, Peter, a truck driver, was approaching a border checkpoint between Zimbabwe and Mozambique.
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Kavango exercises option to buy 100% of Zimbabwe’s Nara gold project

By Agencies Kavango Resources has exercised its option to fully acquire the Nara gold project in Zimbabwe. This move is
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World Bank grants South Africa a $1.5B loan for infrastructure upgrade and green energy transition

By Associated Press JOHANNESBURG: The World Bank granted South Africa a $1.5 billion loan to upgrade transportation infrastructure and help it
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Caledonia Mining says new high-grade orebody found at its Blanket Mine in Zimbabwe

By Agencies Zimbabwe-focused Caledonia Mining has reported further encouraging high-grade results from the ongoing resource expansion drill programme at its
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Global hospitality group Accor signs Novotel Victoria Falls deal, marking strategic entry into Zimbabwe; hotel

By Agencies World-leading hospitality group, Accor has announced the signing of Novotel Victoria Falls, a landmark project set within Victoria
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Zimbabwe says gold-backed currency stable but investor doubts persist

By Reuters HARARE: Zimbabwe’s gold-backed currency now has more than 100 percent reserve cover and is stable, according to the
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Wary of global tensions, Zimbabwe holds interest rates at 35%

Despite, the current uncertain global environment, the bank said it still sees 6% growth in the domestic economy as achievable
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U.S. tariffs likely to weigh on SADC growth prospects: Zimbabwean minister

By Xinhua HARARE: Growth prospects in the Southern African Development Community (SADC) region are likely to be weighed down by
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