The Markets Ledger

Fidelity targets 50-tonne gold output in 2026

Fidelity Gold Refinery (Fidelity) says it is confident Zimbabwe will meet its ambitious 50-tonne gold production target this year, building on the record 46.7 tonnes delivered in 2025.

PPC engages Sinoma in Zim expansion

PPC Limited has signed a memorandum of agreement with Sinoma Overseas Development Co – a leading international specialist in cement production facilities construction – to build a new integrated cement plant at PPC Zimbabwe.

HSBC calls it quits after three decades in South Africa

The Reserve Bank’s Financial Surveillance Department has cancelled HSBC Bank’s Johannesburg branch’s appointment as an authorised dealer in foreign exchange, marking the end of one of the bank’s last ties to South Africa as it exits the local market.