finance

Premier advances Zulu project

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.Advertisements 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…

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Government slashes red tape, cut fees

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.Advertisements 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…

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Zimbabwe stocks hit US$8,6 billion market cap

ZIMBABWE’S publicly listed equities reached US$8,55 billion in market capitalisation as at March 31, 2026, double the US$3,8 billion recorded in the same period last year.Advertisements In its first quarter trading update, Zimbabwe Stock Exchange Holdings (ZSEH) said the ZiG exchange rate held steady at around 25,57 per US dollar, enhancing investor confidence and market…

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Gold reserves hit 4,48 tonnes 

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.Advertisements 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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