Middle East conflict: Zim raw material supply chains shaken
Zimbabwean manufacturers are increasingly struggling to secure key raw materials on time, as escalating tensions in the Iran–Israel–USA conflict ripple through global supply chains, a new survey by the Confederation of Zimbabwe Industries (CZI) shows.
Premier secures £500k funding
Premier African Minerals (Premier) has raised approximately £500 000 through a share subscription as it moves to stabilise operations at its flagship Zulu Lithium and Tantalum Project in Zimbabwe. The emerging producer of spodumene – a lithium aluminum inosilicate mineral widely used in the electric vehicle battery production – issued new ordinary shares priced at […]
Ariana advances Dokwe Gold Project
AIM and ASX-listed Ariana Resources Plc (Ariana) is preparing to launch a second phase of diamond drilling at its wholly-owned Dokwe Gold Project in Zimbabwe, following encouraging results from recent exploration work that have strengthened confidence in the asset’s potential. The upcoming drilling campaign, expected to begin later this month, follows a successful reverse circulation […]
World in energy crisis worse than 1970s’ oil shocks combined
The world is facing a worse energy crisis than the twin oil shocks of the 1970s and the fallout of the Ukraine war combined, the head of the International Energy Agency (IEA) has warned.
Innscor posts $636m revenue, up 19pc
Innscor Africa Limited (Innscor) posted a revenue of $635.784 million for the six months ended 31 December 2025, up 18.7 percent from $535.787 million posted in prior comparable period.
The South African billionaire who said no to Warren Buffett
When the Oracle of Omaha, Warren Buffett, is interested in acquiring a stake in a company, not many business leaders would dare to disagree on terms or walk away from the deal.
Fifa cancels thousands of hotel rooms in World Cup host cities
FIFA canceled 2,000 of their 10,000 hotel room reservations in Philadelphia last week, and that similar moves have also taken place in at least two additional U.S. host cities.
First Mutual Properties pursues ZSE delisting
The group, which announced plans to leave the trading platform in February this year, said it “remains engaged in negotiations and continues to evaluate a potential transaction to delist from the ZSE”.
Tanganda raises $8m fresh capital
The company said the “proceeds…will be applied towards supporting…working capital and capital expenditure requirements”.
A $3.7bn loss is pushing Botswana to look beyond diamonds
By the end of 2025, reserves had fallen to $3.8 billion, a significant $3.7 billion decrease from 2017 levels.