FIDELITY Gold Refinery (Fidelity) says it is optimistic about reaching the targeted 50 tonnes of gold this year, up from 46,7 tonnes achieved in 2025. Fidelity general manager Peter Magaramombe told the Public Accounts Committee this week that the target will be buoyed by supportive government policies and expanding mining operations. “Last year…we achieved 46,7…
By Mbongeni Mguni, Bloomberg Botswana became the first African central bank to raise interest rates after the Iran war triggered a global energy shock, with inflation seen more than doubling this…
PREMIER African Minerals (Premier) has raised approximately £1 million through a new share subscription as it pushes ahead with commissioning works at its flagship Zulu Lithium and Tantalum Project in Zimbabwe. The AIM-listed miner issued 5 405 405 405 new ordinary shares at 0,0185 pence each in a subscription aimed at supporting commissioning activities, operating…
LOCAL technology firm, Avantis Technologies (Avantis) is targeting a listing on the Victoria Falls Stock Exchange (VFEX) in October as the company seeks to raise capital, strengthen corporate governance and expand its footprint across Africa. The Harare-based hardware and software manufacturer, founded in 2016 by entrepreneur Ari Goldstein, said the planned listing forms part of…
AUTHORITIES approved a sweeping package of regulatory reforms in manufacturing, health, financial services, and real estate, a move intended to slash business costs and stimulate broad-based economic growth. In a move meant to “modernise the regulatory environment,” the minister of Finance, Mthuli Ncube, announced on Tuesday night that Cabinet had sanctioned a “comprehensive package of…
By Taonga Mitimingi, Bloomberg Zambia’s central bank extended its easing cycle as inflation is projected to cool further, even as most policymakers globally adopt a wait-and-see approach to gauge the Iran…
By Bonolo Mokonoto and Ntando Thukwanam, Bloomberg South Africa’s unemployment rate rose more than expected in the first quarter as job losses in sectors including construction and community services weakened the…
THE Zimbabwe women’s national cricket team will be hoping for a fresh start when they take on Pakistan Women in the opening Twenty20 International at the National Bank Stadium today.…
US President Donald Trump and Chinese counterpart Xi Jinping will meet Thursday morning in Beijing, according to the White House, for a high-stakes summit that will be dominated by discussions…
PRESIDENT Emmerson Mnangagwa says Zimbabwe’s gold reserves held at the Reserve Bank of Zimbabwe (RBZ) have increased to 4,48 tonnes, strengthening the country’s efforts to underpin monetary sovereignty through the ZiG currency. The ZiG, introduced by the RBZ in 2024, is backed by gold and other precious minerals as Zimbabwe moves towards a mono-currency system…
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