Economy - - Page 47

Editor 30 June 2023 No Comment

UK-based Galileo announce discovery and delineation of extensive gold targets near Bulawayo

By miningweekly.com Mineral exploration company Galileo Resources says a recently completed gold-in-soil geochemical survey in the area around the company’s Queen’s mine, near Bulawayo,

Editor 28 June 2023 No Comment

Zimbabwe’s gold-backed digital token won’t fix the country’s currency woes, economists say

By Camomile Shumba Zimbabwe’s gold-backed digital token is not going to stabilize the country’s local currency as the central bank

Editor 27 June 2023 No Comment

Zimbabwe inflation doubles to 175.8% in June amid weakening currency

By Agencies Zimbabwe’s annual inflation rose to 175.8% in June from 86.5% in May, data showed on Monday, exacerbating a

Editor 27 June 2023 No Comment

Kavango secures option over Zimbabwe gold project

By Agencies Southern Africa-focussed metals exploration company Kavango Resources has signed an exclusive two-year option to acquire a producing gold exploration project in southern Zimbabwe. The Nara project comprises 45

Editor 27 June 2023 No Comment

Lithium miner Premier’s shares slide on Zimbabwe force majeure

By Reuters HARARE: Shares in Premier African Minerals (PREM.L) plunged 40% on Monday after the company declared force majeure at its

Editor 23 June 2023 No Comment

Kenya’s new tax package angers some backers of president who once vowed to reduce cost

By Associated Press NAIROBI: Kenyans are preparing for tough times after lawmakers approved tax increases that are even unpopular with

Editor 23 June 2023 No Comment

Debt-plagued Zambia reaches deal with China, other nations to rework $6.3B in loans, French say

By Associated Press PARIS: Zambia and its government creditors, including China, have reached a deal to restructure $6.3 billion in

Editor 23 June 2023 No Comment

Zimbabwean business fears government will interfere with the exchange rate

By Tawanda Karombo I Business Report Zimbabwean businesses fear that President Emmerson Mnangagwa’s administration, which is blaming foreign companies of

Editor 18 June 2023 No Comment

Impala Platinum’s Zimbabwe unit eyes expansion into lithium

By Bloomberg News Impala Platinum Holding Ltd.’s Zimbabwe unit is considering expanding into other metals, including lithium. The Johannesburg-based platinum

Editor 17 June 2023 No Comment

Mnangagwa orders RBZ to stop foreign currency borrowing

By Reuters HARARE: Zimbabwe’s President Emmerson Mnangagwa has ordered the central bank to stop foreign currency borrowing, as the government