Search results for 'Diamonds'
World
Zimbabwe Takes the Lead as Chair of African Diamond Producers Association

-Zimbabwe has taken over as the new Chair of the African Diamond Producers Association (ADPA), a move that is likely to reactivate the diamond mining sector and possibly deliver growth. Zimbabwe's cha

Mar 24, 2023
Botswana
Botswana's Diamond Model: A Blueprint for African Countries Eyeing Gem Success

The multi-year deal between Botswana and De Beers will significantly increase the supply of precious stones to the country. As other African nations, such as Zimbabwe, explore their diamond resources,

Aug 07, 2023
Markets
De Beers' Cycle 8 Rough Diamond Sales Reflect Industry Rebalancing and Increased Marketing Investment

De Beers, a subsidiary of global mining company Anglo American, has reported a provisional figure of $200 million for the rough diamond sales value in its eighth sales cycle of 2023. This figure repre

Oct 06, 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
World
Vast Resources Discovers Additional 6,055 Carats of Diamonds in Marange Parcel

Vast Resources plc, a London-based junior mining company listed on the Alternative Investment Market (AIM), has discovered additional 6,055.35 carats of gem-quality diamonds during the classification

May 08, 2025

Top Stories

Turnall’s Production Declines in Q1 25, Plans Resizing for Efficiency

Turnall Holdings, a Zimbabwe-based manufacturer of fibre cement roofing products, pipes, and concrete tiles has reported a 18% decline in production for the first quarter of 2025, producing 7,357 tonn

14 hours ago

FBC Holdings Starts 2025 on Firmer Note, Loan Base Surpasses 9 Billion

FBC Holdings, one of the leading financial services provider has reported a loan base of ZWG 9.56 billion in the first quarter (Q1) of 2025, supporting the strong asset base of ZWG 19.9 billion. The

16 hours ago

Independent Retailers Fuel Afdis’s FY 2025 Sales Volumes Growth

The Zimbabwe Stock Exchange-listed wine and spirits manufacturer, African Distillers (Afdis), has recorded a 15% volume growth for the financial year ended 31 March 2025, according to its latest finan

16 hours ago

ZB Financials Launch Innovative Digital Payment Solutions: How They Compare to Existing Ones

ZB Financial Holdings, a prominent financial services provider in Zimbabwe, has launched two innovative digital payment solutions: Smile Cash, a digital wallet, and Smile & Pay, a payment gateway desi

17 hours ago

New Leasing at Pomona Commercial Centre Drives Mash Holdings Q1 Revenue to US$2 Million

Mash Holdings , a leading real estate investment and development company  has recorded a 24% increase in revenue to US$1.7 million for the first quarter ended 31 March 2025 from US$1.4 million  in the

1 day ago

Dairibord’s Exports Surge 36% in Q1, USD Dominate Sales at 95%

Largest milk processor, Dairibord Zimbabwe Limited’s export performance in Q1 2025 shone brightly, with a 36% year-on-year surge, underpinned by an 8% increase in raw milk intake to 9.95 million liter

1 day ago

UK Changes Immigration Policy: Ban on Care Home Workers, 10-Year Residency Requirement, Focus on High-Skilled Labour and More

The United Kingdom has introduced a series of stringent immigration reforms through its 2025 Immigration White Paper, aimed at reducing net migration and prioritising high-skilled workers to bolster e

1 day ago

GMB Secures Funds for Wheat Farmers' Payments

The Grain Marketing Board (GMB) has secured USD 5 million and ZWG 15 million this week to settle outstanding wheat payments, pushing total disbursements to USD 28 million and ZWG 230 million, accordin

1 day ago