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Harare
Saturday, March 28, 2020
Economy entered second recession in Q4 2019Corona virus stalling trade between SA and ChinaSouth Africa confirmed as the second largest economy in Africa Harare - Having slumped into its second recession in the final quarter of 2019, South Africa has had to endure the severity...
Output stood at 115 kozFull year production was 465kozTotal output was lower than projected amount Harare- Zimbabwe’s refined platinum production in the fourth quarter (Q4) of 2019 remained unchanged from the output recorded in the third quarter (Q3) of 2019. According to...
Tesla soars 200% in 7 monthsIncreased demand for EVs puts pressure on lithium & nickel pricesZim, the world’s 5th largest lithium producerNickel hits 5 year high in Sept, indicative of days to come Tesla’s stock has enjoyed a rare strong rally on the New...
Palladium prices rise 25%Palladium demand may ease, shifting demand to platinumZimbabwe is the world’s third largest platinum producer Harare - Palladium has soared over the past two weeks, notching 25% to settle at above $2500 an ounce driven by high demand from car makers.
World Bank lists 40 economies with reforms on women empowermentZimbabwe misses mention among top performers globallyZimbabwe in top 5 African list of women economic empowermentMobile money; pivotal to the matrix Zimbabwe’s regulatory environment for women’s economic inclusion has improved over the past two years, but Zimbabwe is missing mention...
Envisaged lithium demand compelled by sacrosanct EV demand surgeZim lithium ore deposits estimated as world’s biggestShort term lithium demand mixedZim companies undertaking a number of projects with ready offtakers Harare - The global surge in demand for lithium over the past few years has been impelled by the rising...
France warns the US of EU retaliation on US’s French digital tax responseUNCTAD discourages digital tax in KenyaDigital tax hampers Uganda’s economic growth2% digital tax has affected growth of Zim economy France has warned the US that it will face retaliation from the EU if it tries to impose...
Gold prices to soar to US$1552 & US$1625 in 2020/21 respectively-RBCGold price reaches 4 month-high amid geopolitical tensionsZim’s gold deliveries declined by over 20% in 2019Side marketing affecting deliveries to Fidelity Printers The Royal Bank of Canada (RBC) earlier today raised gold price projections for the next 2...