Economy - - Page 16

Editor 13 October 2024 No Comment

Zimbabwe central bank chief says ZiG 43% devaluation a ‘once-off’ event

By Bloomberg News HARARE: Zimbabwe sought to assure citizens that its gold-backed currency would not suffer another steep devaluation and

Workers load lithium concentrate at Prospect Lithium Zimbabwe mine in Goromonzi, Zimbabwe

Editor 11 October 2024 No Comment

Zimbabwean miners expect profits to fall in 2025 amid rising production costs

By Reuters HARARE: Zimbabwean miners expect profits to decline on the back of anticipated high costs of production and a

Zimbabwe's finance minister Prof Mthuli Ncube

Editor 10 October 2024 No Comment

Zimbabwe government hires advisers over US$21 defaulted debt

By Bloomberg Zimbabwe’s government has hired financial and legal advisers to help it navigate potential talks with international creditors over

Editor 9 October 2024 No Comment

World Bank approves new Zimbabwe engagement programme

By Business Correspondent THE World Bank has approved a new short-term engagement for Zimbabwe which is focussed on the country’s

Editor 6 October 2024 No Comment

Zimbabwe’s sixth attempt at a new currency is floundering again

By Globe & Mail In a jingle aired endlessly on Zimbabwean state television, an all-star singing group seems ecstatic about

Editor 4 October 2024 No Comment

Zimbabwe relaxes lithium processing rules amid price slump

By Reuters HARARE: Zimbabwe has softened its requirements for lithium miners to process the mineral locally, a government official said

Editor 3 October 2024 No Comment

Mnangagwa vows to implement measures to stop currency slide

By Reuters HARARE: Zimbabwe’s President Emmerson Mnangagwa on Wednesday vowed to implement corrective measures to protect people’s incomes after the

Editor 2 October 2024 No Comment

Chinese miner laments tough Zimbabwe conditions amid lithium price slump; cites poor infrastructure and policy

By Reuters Zimbabwe pins economic revival hopes on lithium Miners decry poor infrastructure, policy inconsistencies Lithium price slump forces production

Editor 1 October 2024 No Comment

Bankers warn RBZ after massive ZiG devaluation; say ‘people lose out’ from big shocks

By Reuters HARARE: Zimbabwe’s bankers on Tuesday warned the central bank about the impact of any future shocks to the

Mark Learmonth Chief Executive Officer and Director

Editor 1 October 2024 No Comment

LATEST: Caledonia Mining offloads Zimbabwe solar plant for US$22m; proceeds to be invested in local

By Business Correspondent Caledonia Mining Corporation has announced the sale of a solar plant in Zimbabwe for US$22.35 million with