Search results for 'development'
Mining
China's Metal Pricing Influence: Implications for African Miners and Governments in a Changing Landscape
The London Metal Exchange (LME) plans to introduce new metals contracts based on prices from the Shanghai Futures Exchange (SHFE), according to Reuters. This collaborative effort if it consummates cou
Dec 19, 2023
Zimbabwe
TSL Limited's FY 2023 Performance Reflects Resilience Amid Challenging Economic Environment
TSL Limited operates in key sectors such as agriculture, mining, energy, pharmaceuticals, and trade, playing a crucial role in the movement and exchange of commodities. The company's diversified portf
Jan 31, 2024
Zimbabwe
What Does Revival of Bilboes Mean for Zim's Gold Arena in Near and Long Term?
Caledonia Mining Corporation has announced that it will revive the Bilboes Mine operations in Zimbabwe through a single-phase development approach, a decision expected to provide improved cash generat
Jun 05, 2024
Companies
From Barren Lands to Millions of Bucks: Westprop's Pokugara Residential Estate Triumph
Westprop Holdings Limited, a leading real estate developer in Zimbabwe, has reported a strong financial performance in the first quarter of 2023 generating US$5 million in revenue from its premium Pok
Jun 11, 2024
World
$80 Million Partnership: Unpacking CBZ, Afreximbank’s Landmark Financing Agreement
BZ Bank and African Export Import Bank (Afreximbank) have signed two financing facilities worth a total of US$80 million to support Zimbabwean exporters. The first facility is a US$60 million line of
Jun 17, 2024
Companies
Shumba Energy Advances Key Energy Projects in Botswana Amidst SADC Region's Power Needs
In its latest quarterly market update for the period ended 30 June 2024, Shumba Energy Ltd., an energy development company based in Botswana, has provided an in-depth look into its ongoing projects an
Jul 29, 2024
Zimbabwe
Water Levels at Critical Point: Kariba Dam on ‘Brink of Collapse’, Leave Millions in Darkness
imbabwe is teetering on the precipice of a catastrophic power crisis, with the situation at the Kariba Dam reaching a terrifying nadir. As of August 19th, 2024, water levels have plummeted to a criti
Aug 19, 2024
Companies
Zimplats to Commission 35MW Solar Plant, First Phase of Ambitious 185MW Renewable Energy Project
In a significant stride towards energy security and sustainability, Zimplats, the largest corporate entity in Zimbabwe, is set to commission its groundbreaking 35MW solar power plant in the first quar
Aug 26, 2024
Companies
First Mutual's Flagship Arundel Project Nears Completion: Occupancy Hits 89% Despite US$60.5 Million HY Loss
First Mutual Properties (FMP) is set to complete its flagship project, Arundel Office Park extension, whose scope involves building a double-storey office block with a basement, providing a lettable a
Sep 25, 2024
Top Stories
ZiG Weekly Commentary: Gradual Erosion Hits New April Peak, RBZ Holds Rates High But Demand Action Lags
The Zimbabwe Gold (ZiG) persists in its slow decline, with March’s gradual erosion spilling into April 2025. The ZiG closed at 26.77 on 31st of March 2025 from 26.72 in the previous week against the
22 hours agoZimbabwe’s Gold Export Earnings Sink for 3 Consecutive Months Despite Soaring Price Records
Zimbabwe’s gold export earnings have inexplicably plunged for three consecutive months slipping from a record high of US$361.1 million in November 2024 to US$291.8 million in December, US$291.4 milli
2 days agoPadenga’s Golden Leap: Runner-Up Gold Producer Cashes in +US$200 Million As Gold Output Jumps 17%
Padenga Holdings Limited, a gold mining titan listed on the US-Dollar denominated bourse Victoria Falls Stock Exchange (VFEX) has cemented its place as a giant in Zimbabwe’s gold mining sector, deliv
Mar 31, 2025