CABLE manufacturer CAFCA plans to increase copper recovery this year following improved efficiency at its electrolysis plant. This comes as the company seeks to cut imports and strengthen operational resilience amid dwindling copper reserves. CAFCA manufactures cables using copper, aluminium, PVC and XLPE, with its electrolysis plant serving as a key driver of sustainability by…
PREMIER African Minerals says it has reached an agreement with Canmax Technologies to extend the long stop date under the existing offtake and prepayment agreement regarding its Zulu Lithium and Tantalum project. The long stop date is now set for or before June 30, 2026 from December 31, 2025. It seeks a reputable buyer to…
THARISA has committed an additional US$20 million into its Karo platinum project in Zimbabwe through a commodity-linked notes debt facility from Arxo Finance. The Cyprus-based integrated resources group has a 79 percent stake in Karo Mining Holdings (Karo), the project owners. As part of its funding strategy for the US$499 million platinum project, Tharisa has…
By Ephraim Chawoneka URBAN councils in Zimbabwe are under growing pressure to restore basic services, rebuild infrastructure, and meet the expectations of rapidly expanding urban populations. Roads, water supply systems, sanitation networks, housing developments, and waste management facilities all require long-term and predictable funding to work. However, limited fiscal space, weak balance sheets, and controlled…
PASSENGER numbers at the country’s airports climbed to 2,52 million in 2025, up 10 percent year-on-year, driven by a resurgence in international travel, latest data shows. In 2024, the country’s airports served 2,28 million passengers. According to the Civil Aviation Authority of Zimbabwe (CAAZ), international passenger traffic remains the dominant driver of growth, rising by…
By Eddie Cross IN 1980, when we gained our Independence, we had a thriving agricultural economy. Zimbabwe was a country of 49 million hectares – 16 million under commercial farmer…
By Godfrey Nyoni CYBERCRIME is no longer a distant problem limited to large international corporations. In Zimbabwe, cyber risks are increasing as businesses adopt digital tools such as email communication, online banking, mobile money platforms, cloud storage, and company websites. These technologies improve efficiency and convenience, but they also expose organisations to new types of…
By Jorgelina do Rosario, Bloomberg The World Bank raised its forecast for growth this year, saying the global economy has proved surprisingly shock-proof in the face of an “historic” escalation in…
Nigeria has stepped up its bid to attract Gulf capital after pitching $600 million lithium processing and gold mining projects to Saudi investors, as Africa’s largest economy accelerates efforts to…
Elon Musk said South Africa’s telecommunications ownership rules are preventing his satellite internet company, Starlink, from launching in the country, renewing debate over how Africa’s most industrialised economy balances transformation…
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