Search results for 'Karo'
Zimbabwe
Tharisa's Strong Q3 Production Report Boosts Balance Sheet

The report highlights the company's strong balance sheet, with cash on hand increasing by US$36.8 million to US$242.6 million, resulting in a net cash position of US$141.5 million, which will support

Jul 13, 2023
Zimbabwe
Tharisa's Karo Platinum Project in Zimbabwe Set to Boost the Country's Economy and Cement its Position as a Key Player in the PGM Industry

The concrete foundation pouring is progressing well, with earthworks nearing completion. The pilot mining has commenced, and operational tests will soon begin. Long-lead items manufacturing is progres

Jul 19, 2023
Botswana
Lucara Diamond's Karowe Underground Expansion Project: Overcoming Challenges and Maximizing Value

The project is now expected to commence production in the first half of 2028, a year later than previously planned. Capital costs have also increased by 25% to $683 million.

Jul 19, 2023
Companies
Plummeting PGMs Prices Delay Karo Project Commissioning

Tharisa Private Limited Company, a prominent mining company listed on the London Stock Exchange (LSE) and Johannesburg Stock Exchange (JSE), has announced a deliberate decision to prolong the commissi

Oct 18, 2023
Botswana
Lucara Diamond Secures Financing for Karowe Underground Expansion Project

The company has signed amended documentation relating to its senior secured project financing debt package, which amounts to US$220 million. Under the amended agreement, the repayment profile has be

Jan 10, 2024
Companies
Beating the Odds, Then Booted: Does OK Zimbabwe’s CEO Firing Defy Logic?

Zimbabwe’s retail giant, OK Zimbabwe, has thrust itself into the spotlight with a sweeping executive overhaul, axing its seniour management team and reinstalling veterans who once steered the company

Feb 27, 2025
Companies
Karo Mining’s Loss Narrows 13% in FY2025 , Platinum Recovery Breathes Life Into Long-Delayed Project

Karo Mining Holdings Plc, the Victoria Falls Stock Exchange (VFEX)-listed mining investment company developing the Karo Platinum Project in Zimbabwe, narrowed its annual loss in the year ended 30 Sept

Jan 05, 2026
Companies
Tharisa Paints Bullish Picture for 2026: Robust PGM Growth, Strong Balance Sheet, and Karo Momentum

Tharisa plc, a dual-commodity mining company listed on the London Stock Exchange and Johannesburg Stock Exchange, with operations spanning South Africa (Tharisa Mine in the Bushveld Complex) and Zimba

Jan 16, 2026
Zimbabwe
Zimbabwe's Northern Corridor Cancelling a Maize Procurement Windfall Before It Begins

Zimbabwe sits within striking distance of the largest maize surplus Zambia has produced in over a decade, and its road network is making that surplus structurally inaccessible. Zambia's Food Reserve A

Apr 15, 2026

Top Stories

ZWG Payments for Government Contracts: Masimba Flags Cautious Outlook

Masimba Holdings Limited has reported revenue of USD 8.8 million for the first quarter ended 31 March 2026, a 13% increase from the comparable period of 2025, and profit after tax of USD 453,000, a 12

5 hours ago

Green Gold: Zimbabwe’s Avocado Exports Open at Six-Year High

Zimbabwe has exported USD 847,129 worth of fresh avocados in April 2026, the highest April opening value in over six-year trade dataset covering January 2021 through April 2026, and the second-highest

5 hours ago

Gold Revenue Slide: Why Zim’s Main Forex Earner Hit a 13-Month Low and What It Means for the Economy

Zimbabwe's gold export revenue recorded its fourth consecutive monthly decline in April 2026, falling to USD 394.2 million from USD 427.1 million in March, USD 461.4 million in February, USD 493.0 mil

5 hours ago

Mining Capex Boom: Machinery Imports Reveal Zimbabwe’s Industrial Buildout

When one reads Zimbabwe's April 2026 merchandise trade data at the headline level, its a story of a widening deficit, declining gold revenues, and compressed tobacco prices. However, when read at the

1 day ago

Government Moves to Reshape Water Delivery as Reform Targets Quality, Accountability

Cabinet has approved two separate pieces of water sector legislation at its seventeenth meeting, the principles of the Water Act Amendment Bill and the Zimbabwe National Water Authority Amendment Bill

1 day ago

ZSE Loses One of Its Remaining Pure Property Counters With 100% Shareholder Approval

First Mutual Properties Limited, one of the only purely property-focused listed entity on the Zimbabwe Stock Exchange, has voted itself off the exchange. At an Extraordinary General Meeting held on T

1 day ago

Final Checkout: Meikles Moves to Sell Last Premium Hotel Stake

Meikles Limited, one of Zimbabwe's oldest listed conglomerates, is in discussions to sell its remaining interest in hospitality operations, according to the latest cautionary circular. The asset in q

1 day ago

Selling More, Earning Less: What the Numbers Reveal from Nampak Zimbabwe’s 1HY2026 Results

Nampak Zimbabwe Limited, the country’s largest packaging firm has reported revenue of USD 41.7 million for the six months ended 31 March 2026, a 10% increase from USD 38 million in the comparable peri

Jun 03, 2026