Zimbabwe’s manufacturing sector is quietly staging one of the country’s most significant economic recoveries. After years in which factory closures, obsolete machinery and underutilised industrial capacity symbolised the decline of …
Zimbabwe economy
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BusinessBuyzim 24
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For years, Bikita Minerals has been synonymous with lithium, one of the world’s most sought-after minerals powering the global transition to electric vehicles and renewable energy. But beneath the same …
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The closure of one of Zimbabwe’s most important mining companies was not merely the consequence of weak commodity prices or corporate mismanagement, according to Buy Zimbabwe Chairman Munyaradzi Hwengwere. It …
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By Munyaradzi Hwengwere – Buy Zimbabwe Chairman Just after Nelson Mandela was released from prison and became the first democratically elected president of post-apartheid South Africa, he slapped Zimbabwe’s textile …
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For much of the past three years, the global platinum industry has been forced to answer the same question: what happens when the world no longer needs internal combustion engines? …
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For years, former employees of SMM Holdings carried court papers, pension records and retrenchment notices as symbols of a promise that never came due. Some died waiting. Others watched their …
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BusinessMining
Zimbabwe Miners Cite Costly Capital as Biggest Threat to Growth Despite Commodity Boom
Zimbabwe’s mining industry says high financing costs and limited access to long-term capital remain among the biggest obstacles to growth, even as strong global commodity prices continue to boost export …
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HARARE — Zimbabwe’s central bank has delivered its strongest signal yet that it believes the economy is entering a new phase of stability, cutting its benchmark interest rate while maintaining …
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As global competition for critical minerals intensifies and governments seek greater returns from natural resources, Zimbabwe’s mining industry will gather next week to tackle a question that could define the …
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By Jeoffrey Ncube Mutapa Gold Resources, one of the mineral entities under the Mutapa Investment Fund, has declared a US$35 million dividend to its shareholders. Addressing stakeholders in the capital …