Economy - - Page 50

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

Editor 17 June 2023 No Comment

Zimbabweans hit by rising prices as local currency plummets

By Reuters HARARE: Zimbabwean businesses and households are fearing a repeat of the hyperinflation seen more than a decade ago

Editor 17 June 2023 No Comment

Galileo Resources starts drilling at Kamativi in Zimbabwe

By Philip Whiterow Galileo Resources PLC (AIM:GLR) said it has started a drill programme at the Kamativi target in Zimbabwe following

Editor 14 June 2023 No Comment

Vodafone, Three to merge UK mobile phone operations to capitalize on 5G rollout

By Associated Press LONDON (AP) — Two of the U.K.’s four mobile phone operators agreed Wednesday to merge their businesses