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

A Historic First: Zimbabwe Confirms Highest Maize Harvest in National History

Zimbabwe's maize harvest has risen from 2,341,857 metric tonnes presented during the 16th Post-Cabinet Briefing to 2,824,110 metric tonnes confirmed at the 18th Post-Cabinet Briefing on 9 June 2026, a

1 day ago

Zimbabwe’s Soyabeans Domestic Supply Jumps to 54% from 19% in 2015:Highest Yield Post Land Reform

Zimbabwe's 2025/26 soyabean harvest reached 119,067 metric tonnes from 56,562 hectares harvested, according to the Second Round Crop, Livestock and Fisheries Assessment Report presented to Cabinet on

1 day ago

Zimbabwe’s Cement Industry: What Record Cement Imports Tell Us About the Economy

Zimbabwe's monthly Portland cement import bill reached USD 12.02 million in April 2026, the highest single monthly value recorded in the sixty-four months dataset running from January 2021 through Apr

Jun 09, 2026

SADC Growth Shift: Zimbabwe Builds Capacity as South Africa Loses Investment Momentum

South Africa's economy expanded 0.5% quarter-on-quarter in Q1 2026, its sixth consecutive quarter of growth and the strongest performance since Q2 2025, as nine of ten industries registered positive o

Jun 09, 2026

Why Diesel Imports Set New Monthly Record of Above USD 130 Mn: Barometer of Production?

Zimbabwe's April 2026 diesel import bill reached USD 132.5 million, a 44.6% increase from March 2026's USD 91.6 million and the highest monthly value recorded from December 2022 through April 2026, a

Jun 09, 2026

ZSE Relaxes Entry Barriers, But Fundamental Challenges Remain

The Zimbabwe Stock Exchange has relaxed listing requirements effective 1 June 2026 and valid for a window of 36 months, slashing the minimum market capitalisation requirement for listing from USD 10 m

Jun 09, 2026

PPC Zimbabwe Carries Group Cash Flow as Cement Demand Surges: Pays US$36 Mn Dividend, Funds RK3 Expansion

Pretoria Portland Cement Limited (PPC) has reported revenue of R10.255 billion for the year ended 31 March 2026, a 3.9% increase from R9.871 billion in the prior year, with EBITDA rising 31% to R2.079

Jun 09, 2026

RBZ Launches Second Round of ZiG Bills

If uptake proves weak, however, it could indicate lingering concerns about future exchange rate movements despite the relative stability observed so far in 2026.For now, investors face a relatively st

Jun 08, 2026