Invictus Energy announces gas discovery at its Zimbabwe well; Govt welcomes ‘significant development’

By Agencies Invictus Energy (ASX:IVZ) announces a gas discovery in the Mukuyu-2 well at its Cabora Bassa project in Zimbabwe
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Zim central bank urges govt incentives on diaspora remittances

By Xinhua HARARE: The Reserve Bank of Zimbabwe (RBZ) on Monday called on the Zimbabwean government to offer fiscal and
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Zimbabwe holds Africa’s highest Interest rate steady at 130%

By Bloomberg Zimbabwe’s central bank left official interest rates unchanged after its first meeting since the adoption of a new
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Zimbabwe uses platinum to pay back $400 million Afrexim Bank debt

By Bloomberg news Zimbabwe is using the proceeds of its platinum exports to settle a $400 million loan from the
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Zimbabwe treasury boss says economic growth to slow in 2024 due to drought

By Reuters HARARE: Zimbabwe’s economic growth is expected to fall to 3.5% in 2024 from 5.5% this year, mainly due
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Government mulls wealth tax targeting the rich; to introduce ‘mansion tax’

By Xinhua HARARE: Zimbabwe’s Minister of Finance, Economic Development and Investment Promotion Mthuli Ncube on Thursday proposed a “wealth tax”
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Zimbabwe orders lithium miners to submit refinery plans by March 2024

By Reuters Africa’s top producer wants local battery-grade lithium plants Infrastructure deficiencies undermine refinery ambitions HARARE: Zimbabwe has given lithium
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Mnangagwa and Mthuli hold talks IMF, World Bank officials

By Xinhua HARARE: Zimbabwean President Emmerson Mnangagwa on Thursday held talks with officials from the International Monetary Fund (IMF) and
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Zimbabwe commissions Chinese company’s lithium processing plants

By Xinhua BIKITA: Zimbabwean President Emmerson Mnangagwa on Wednesday officially commissioned China’s Sinomine Resource Group’s new spodumene processing plant and
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South Africa bets on military deployment to crush illegal mining gangs

By Jan Bornman JOHANNESBURG: South Africa’s government is betting on its deployment of 3,000 soldiers to crush illegal mining gangs
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