Economy - - Page 6

A sign marks the entrance to Prospect Lithium Zimbabwe’s processing plant in Goromonzi. Despite government efforts to curb smuggling, former border officials say companies conceal high-grade lithium and bribe authorities to export unprocessed minerals. Most of the country’s lithium ends up in China and Hong Kong.

Editor 13 July 2025 No Comment

Lithium smuggling rampant as Zimbabwe fails to end corruption

By Global Press Journal HARARE: In 2023, Peter, a truck driver, was approaching a border checkpoint between Zimbabwe and Mozambique.

Editor 7 July 2025 No Comment

Kavango exercises option to buy 100% of Zimbabwe’s Nara gold project

By Agencies Kavango Resources has exercised its option to fully acquire the Nara gold project in Zimbabwe. This move is

Editor 25 June 2025 No Comment

World Bank grants South Africa a $1.5B loan for infrastructure upgrade and green energy transition

By Associated Press JOHANNESBURG: The World Bank granted South Africa a $1.5 billion loan to upgrade transportation infrastructure and help it

Editor 23 June 2025 No Comment

Caledonia Mining says new high-grade orebody found at its Blanket Mine in Zimbabwe

By Agencies Zimbabwe-focused Caledonia Mining has reported further encouraging high-grade results from the ongoing resource expansion drill programme at its

Editor 21 June 2025 No Comment

Global hospitality group Accor signs Novotel Victoria Falls deal, marking strategic entry into Zimbabwe; hotel

By Agencies World-leading hospitality group, Accor has announced the signing of Novotel Victoria Falls, a landmark project set within Victoria

Editor 18 June 2025 No Comment

Zimbabwe says gold-backed currency stable but investor doubts persist

By Reuters HARARE: Zimbabwe’s gold-backed currency now has more than 100 percent reserve cover and is stable, according to the

Editor 18 June 2025 No Comment

Wary of global tensions, Zimbabwe holds interest rates at 35%

Despite, the current uncertain global environment, the bank said it still sees 6% growth in the domestic economy as achievable

Finance and Economic Development Minister Mthuli Ncube

Editor 15 June 2025 No Comment

U.S. tariffs likely to weigh on SADC growth prospects: Zimbabwean minister

By Xinhua HARARE: Growth prospects in the Southern African Development Community (SADC) region are likely to be weighed down by

Editor 15 June 2025 No Comment

Zimbabwe’s export ban could reshape global lithium supply chain

By proactiveinvestors.co.uk If Zimbabwe’s government gets its way, from January 2027 no raw lithium concentrate will be allowed to leave

Editor 11 June 2025 No Comment

Luxury homes, new BMWs and Land Rover Defenders: gold price surge brings riches to rural

These days, luxury houses are popping up in rural areas, new BMWs and Land Rover Defenders cruise the street, and