Search results for 'Electric Vehicles'
World
New Indonesian Nickel Indices Could Be a Game-Changer for Bindura Nickel Corp

For Bindura Nickel Corp and other miners outside Indonesia, the new indices could give better insight into price trends and improve their bargaining power with offtakers. Bindura Nickel Corporation is

Apr 14, 2023
World
Lithium Market Turmoil: Zimbabwe's White Gold Rush

Lithium carbonate prices have plummeted to CNY 75,000 per tonne equivalent to US%10.5k , marking the lowest level in over three years amid increasing fears of oversupply. Miners are ramping up product

Sep 03, 2024
World
Bikita Minerals Scales Back Operations: Wake-Up Call for Government to Rethink Lithium Policies

Bikita Minerals has made the strategic decision to reduce its contractor base as it scales back output in response to challenging lithium market conditions. The DMS plant is set to be shut down in Oct

Oct 08, 2024
Technology
Automotive Industry Forecast 2025: WPIC Give Projections

The World Platinum Investment Council (WPIC) has projected that automotive platinum demand will soar to an eight-year high in 2025, reflecting a transformative shift in the automotive industry toward

Dec 02, 2024
Technology
Government Reduces Import Tax on EVs, but Road Conditions Remain Unchanged

Zimbabwe's Minister of Finance, Economic Development and Investment Promotion, Professor Mthuli Ncube, has cut  import duty on electric vehicles (EVs) from 40% to 25%, effective January 2025. This was

Dec 02, 2024

Top Stories

Omni-Channel Platform Fuels 80% Revenue Growth for EcoCash Holdings

EcoCash Holdings has reported an 80% increase in revenue for the quarter ended 30 November 2024 from a decline of ZWG 5 billion in the six months ended 31 August 2024 due to improved operational effic

17 hours ago

Caledonia’s FY2024 Gold Production Meets Analyst Expectations, Cut FY2025 Guidance Despite Circa US$50 Million Capex fro 2025

Caledonia Mining Corporation's FY2024 output of 76,656 ounces has fallen within analyst expectations, amidst a significant capital expenditure program of approximately $41.8 million earmarked for 2025

18 hours ago

How Has the ZiG Performed So Far, What Is the Possible Outlook?

During the close of the second week of January 2025 (10/01/2025), the local currency has traded at an exchange rate of 26.0579 against the US dollar, reflecting a slight depreciation from the opening

Jan 10, 2025

Zimbabwe Sets New Export Record with US$905.2 Million in November 2024

Zimbabwe has achieved an export value of US$905.2 million in November 2024, marking a significant 29.7% increase from US$698.1 million in October 2024, according to the latest data released by the sta

Jan 09, 2025

NTS HY25 at Glance: Widening Losses, Unrealistic Future Bets

In the half-year period ended September 30, 2024, National Tyre Services (NTS) reported a substantial decline in both volume and sales figures, attributed to a myriad of factors such as supply chain d

Jan 08, 2025

ZERA Hikes Diesel Prices for January, Petrol Remains Unchanged

The Zimbabwe Energy Regulatory Authority (ZERA) has announced an increase in fuel prices for January 2025. Diesel prices have risen slightly from US$1.53 per litre to US$1.54, while petrol prices hav

Jan 06, 2025

CHECKMATE: Choppies Checkmated by Informal Traders ,Sells Zimbabwe Operations to Sai Mart

Choppies has sold its operations  to Sai Mart effective 1 January 2025 due to  struggling under the weight of unfavourable government policies favouring informal traders. This follows after the retai

Jan 03, 2025

Zim Trade Deficit Contracts The Lowest in 3 Years

Zimbabwe's trade deficit narrowed by 66% to US$46.9 million in November 2024 from m US$698.1 million in October , attributed  to better exports of gold and tobacco according to the latest Zimstat data

Jan 02, 2025