Economy - - Page 17

Editor 1 October 2024 No Comment

Zimbabweans reject ZiG currency after 40% devaluation

By Agencies HARARE: Merchants, public transport operators, and other institutions are rejecting the Zimbabwe Gold (ZiG) after the reserve bank devalued

Editor 1 October 2024 No Comment

Sinomine says it will build $500m lithium refinery in Zimbabwe

By Bloomberg Sinomine Resource Group Co.’s Zimbabwean unit plans to build a $500 million lithium refinery in the next 3-5

Editor 30 September 2024 No Comment

FEATURE: How second-hand clothes took Zimbabwe by storm – and hammered retail

By Al Jazeera HARARE: Kimberley Dube takes great care with her appearance. She always looks sharp and fashionable in smart-looking jeans,

Mark Learmonth Chief Executive Officer and Director

Editor 30 September 2024 No Comment

Caledonia Mining: Bilboes has the credentials to be Zimbabwe’s biggest gold mine

By miningreview.com A recently released Preliminary Economic Assessment (PEA) has confirmed that Caledonia Mining’s Bilboes project has the capacity to

Editor 30 September 2024 No Comment

CURRENCY MAYHEM: Supermarkets suffer as consumers opt for tuckshops and informal stores

By Xinhua HARARE: Chain stores have traditionally been the preferred choice for shopping, but informal stores are becoming popular among

Editor 27 September 2024 No Comment

RBZ devalues new ZiG currency 44% against USD; bows to market pressure

By Bloomberg News Zimbabwe’s bullion-backed currency has slid past 14 per dollar, its weakest level on the official market since

Editor 26 September 2024 No Comment

China heavyweights partner with Zimbabwe’s Kuvimba on US$300m lithium mine

By Bloomberg News HARARE: Chinese miners Zhejiang Huayou Cobalt Co. and Tsingshan Holding Group Co. are defying low lithium prices

Editor 25 September 2024 No Comment

OUT OF HIS DEPTH? Zimbabwe currency shock is RBZ boss first taste of chaos

By Bloomberg News HARARE: Zimbabwe’s latest attempt to introduce a new currency is coming undone, just five months after initially being

Editor 24 September 2024 No Comment

Zimbabwe’s biggest retailers warn of store closures over exchange rate

By Reuters HARARE: Top Zimbabwean retailers have warned of potential store closures if the government insists on the use of

Editor 22 September 2024 No Comment

Zimbabwe central bank mulls more measures to protect struggling ZiG currency

By Bloomberg News HARARE: Zimbabwe’s central bank governor John Mushayavanhu said he will consider using the country’s reserves to protect