CABS deepens lending to key sectors
CABS is increasing financial support to Zimbabwe’s productive industries through enhanced lending facilities and specialised funding programmes, in line with government initiatives aimed at widening access to capital.
Zim sets strict conditions to resume lithium exports, including domestic processing
Zimbabwe has imposed strict conditions on lithium exports, requiring companies to set up domestic processing facilities before exports can resume.
Padenga plans $17 million investment in mining operations
“The mining business has budgeted a total of US$17 million to fund exploration activities with the key objective of increasing both the quantum of and confidence in our mineral resource inventory,” Padenga chairman Thembalami Sibanda said
RBZ moves to plug gold sector loopholes
“We were beginning to see arbitrage activities where large-scale gold miners were now marketing their gold via the small-scale channel, as if they were small-scale. We want to bridge that,” he said.
Kavango pursues Nara acquisition
Southern Africa focused metals exploration and gold production company Kavango Resources plc (Kavango) says it remains committed to the acquisition of Nara Gold Project in Zimbabwe (Nara) after extending the deal conclusion for a third time.
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 […]
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.
Zisco moved under Mutapa Fund
The decision effectively aligns Zisco with a broader restructuring of public assets, including those previously associated with Kuvimba Mining House (KMH). In 2022, Cabinet had identified Kuvimba as the preferred bidder for Zisco, but recent developments have seen Kuvimba itself folded into the Mutapa Investment Fund, tightening government control over strategic resources.
Zim gold sector improving, despite constraints
The country’s gold sector has…benefited from several meaningful reforms in recent years, with changes to foreign exchange retention and greater flexibility in gold export and settlement mechanisms serving to improve capital planning and investor confidence.
Iran escalation an opportunity to buy more stocks: JP Morgan
“…current geopolitical escalation should ultimately be an opportunity to add, as fundamentals are positive,” even as markets brace for volatility.