Premier in Zulu project financing dilemma

PREMIER Africa Minerals is weighing various funding options for its local operation — Zulu lithium project including partnerships with investors and sale of assets.The fund raising will support the final commissioning and optimisation of the primary spodumene flotation plant and purchase of the secondary spodumene flotation plant to commence operations at Zulu.The group said it…

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Contango buoyed by new royalty business model

CONTANGO Holdings operating a two billion tonne Muchesu coal project in Binga is optimistic that the transition to a cash-generative royalty company will support its growth.The London headquartered firm partnered investor- Huo Investments to drive significant progress at the Muchesu Mine.“We are well positioned to transition from being a mining operation to a profitable royalty…

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Protecting Zimbabwe’s digital economy

BY GODFREY NYONI IN today’s rapidly evolving digital landscape, cybersecurity has become a paramount concern for nations worldwide. Zimbabwe, recognising the critical importance of safeguarding its digital economy, is increasingly turning to Artificial Intelligence (AI) to bolster its cybersecurity measures.This article explores the integration of AI in Zimbabwe’s cybersecurity efforts, highlighting verified examples and the…

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Shot in arm for honey exports

THE recently launched Zimbee project, backed by a €1,5 million (US$1,63) investment, is set to transform honey production in Zimbabwe by increasing output to meet domestic demand while positioning the country as a competitive player in the global export market.With a strong emphasis on sustainability and quality enhancement, the Zimbee project, a partnership between Expertise…

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Smuggling a security threat — Nyathi

POLICE say the scourge of counterfeit products has become a security threat, amid concerns that those who smuggle them into the country make a lot of money, but do not bank it, thereby attracting armed robbers. This comes as authorities are struggling to curb the smuggling of goods into the country, amid concerns that the…

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Board of directors role in corporate rescue

By John J Mkushi THE number of corporate rescue cases in Zimbabwe seems to be on the increase. Various reasons for this development have been advanced, and these are largely to do with a worsening operating environment for business. Some of the challenges businesses are grappling with include the prevailing hyperinflation environment, ever fluctuating exchange…

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Why most strategies fail: Lessons for leaders

IT’S a staggering statistic: 90 percent of strategies are never executed. Put differently, 90 percent of organisations fail to implement their strategies. Companies invest time, money, and effort in crafting ambitious strategies, yet most of them never translate into real results. Why? Because too many organisations treat strategy as a one-time event rather than an…

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Ariston looks inward as exports surrender bites

ARISTON Holdings (Ariston) recently took a strategic decision to focus on growing local sales in order to protect thinning margins from export proceeds surrendered to the Reserve Bank of Zimbabwe, a company executive has said.The agro-industrial firm, in its trading update for the first quarter ended December 31, 2024 said the 25 percent surrender of…

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Cashflow glitch delays Tanganda plant project

TANGANDA Tea Company (Tanganda) says it has encountered a “slight” delay to the completion of the first phase of the US$500 000 macadamia nuts processing plant project due to cashflow problems.The agro-industrial concern intends to value-add its macadamia nuts before exporting in order to hedge against volatile global prices and reduce reliance on raw commodity…

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