Kavango to start commercial production at Zim gold project in Q2 2026
Kavango Resources Plc plans to commission a 50 tons-per-day carbon-in-pulp plant in the second quarter of 2026, as it moves to start commercial production at its Hillside gold project in Zimbabwe.
German firm eyes PPC acquisition
German building materials giant Heidelberg Materials is in early talks with banks to appoint financial advisers as it weighs a potential bid for cement group PPC Ltd, a deal that could affect majority-owned PPC Zimbabwe, according to people familiar with the matter.
Standard Chartered trims Africa presence, moves to sell East African headquarters
Standard Chartered Plc is selling its East African head office in Nairobi, as the lender continues to streamline its physical footprint across the continent.
Zim mobile network operators face mounting costs squeeze
Zimbabwe’s mobile network operators (MNOs) are expected to come under increasing pressure on profitability as operating expenses continue to rise faster than revenue, according to recent industry figures.
World’s largest asset manager sheds Caledonia stake
Global asset management giant BlackRock, Inc. has reduced its holding in Zimbabwe-focused gold producer Caledonia Mining Corporation Plc (Caledonia), according to a regulatory filing released Tuesday.
South Africa hikes fuel prices sharply as Middle East tensions disrupt global supply
Petrol prices will rise by $0.19 (R3.27) per litre, while diesel will jump more sharply by $0.37 (R6.19) per litre.
Zimbabwe sees strong tourism growth in Q1 2026
Zimbabwe recorded strong growth in its tourism industry in the first quarter of 2026, with international tourism arrivals rising by 11 percent to 384,561 and receipts surging 14 percent to US$251 million during the period compared to 2025.
World Bank appoints new Zim division director
The World Bank Group has appointed Firas Raad as new division director for Zimbabwe, Zambia, Malawi and Tanzania.
UK govt permits flight cancellations to conserve fuel
British airlines have been granted government authorization to cancel or merge flights this summer season to save aviation fuel.
The obvious solution to the global oil shock finally makes sense
If oil is in such short supply, why can’t we simply drill more of it?