Mimosa half-year PGM output level still impressive
Platinum group metals (PGM) production at Mimosa at 57,342 4 Eoz during the half year to June 2023 was in line with H1 2022 level, parent company Sibanye-Stillwater said.
Business
Mozambique urges urgent financing for TotalEnergies’ Gas Project
Mozambique's Minister of Economy and Finance, Max Tonela, has emphasized the urgent need to facilitate the resumption of TotalEnergies' natural gas production project in Cabo Delgado province later this year.
World Bank appoints Eneida Fernandes as new Country Manager for Zimbabwe
The World Bank Group has announced the appointment of Ms. Eneida Fernandes as the new Country Manager for Zimbabwe, effective October 2023.
EU pledges €113m for Kariba Dam rehab to increase Zimbabwe’s electricity
The European Union (EU) has announced a significant financial contribution of €113 million (approximately US$120 million) to support the rehabilitation of the Kariba Dam in Zimbabwe.
Border Timbers reports 23% turnover growth for 2023
Border Timbers, a leading timber company, has announced significant growth in its turnover for the fiscal year ending June 2023, reporting a 23 percent increase to US$15.8 million compared to US$12.9 million in the previous year.
Zimbabwe to embark on massive rural agricultural transformation drive
The Zimbabwean government is implementing a series of empowerment initiatives aimed at transforming the agricultural system in rural areas.
Biti criticizes Mutapa Investment Fund as unconstitutional
Zimbabwe's former Finance minister Tendai Biti has strongly criticized the Mutapa Investment Fund, characterizing it as an unconstitutional takeover of the country's funds.
Diet coke sweetener aspartame considered cancerous
Aspartame, a widely used artificial sweetener found in numerous beverage products, is expected to be declared a possible carcinogen by the International Agency for Research on Cancer (IARC) next month.
Parliament turns heat on Mthuli Ncube over economic crisis
Members of parliament in Zimbabwe have expressed their dissatisfaction with Finance minister Mthuli Ncube, blaming him for the skyrocketing inflation and the devaluation of the local currency.
Mnangagwa blames currency crisis on western nations
MASVINGO – President Emmerson Mnangagwa defiantly addressed a Zanu PF rally in Masvingo on Friday, blaming opponents, western countries, and business operators for the current price surge in Zimbabwe. Mnangagwa further threatened to withdraw licenses from those he accuses of…
