Zimbabwe
Anglo American's Sustainability Progress Sets the Course for Sustainable Mining: Lessons for Zimbabwean Miners
As global awareness of the importance of sustainability continues to grow, large organizations like Anglo American plc are paving the way for responsible and sustainable mining practices. In their rec
Oct 25, 2023
Botswana
Anglo American Names Matt Walker as CEO of Marketing Business, Peter Whitcutt Steps Down after 33 Years with Company
Anglo American, a global mining company, has announced the appointment of Matt Walker as the new CEO of its Marketing business. This decision comes after Peter Whitcutt, who has been with the company
Oct 13, 2023
Markets
De Beers' Cycle 8 Rough Diamond Sales Reflect Industry Rebalancing and Increased Marketing Investment
De Beers, a subsidiary of global mining company Anglo American, has reported a provisional figure of $200 million for the rough diamond sales value in its eighth sales cycle of 2023. This figure repre
Oct 06, 2023
Markets
Turnstar Holdings Limited Reports Strong Growth in Rental Revenues for H1 2023
Turnstar Holdings Limited's trading statement for the half-year period ended July 31, 2023, reveals a significant increase in rental revenues and operational profitability. Despite challenges, the com
Oct 06, 2023
Zimbabwe
Global Nickel Market Faces Widening Surplus in 2024, Putting Pressure on Prices
The decline in nickel prices on the LME, which have fallen by 38% this year, underscores the challenging environment faced by nickel producers. Several factors have contributed to this situation, incl
Oct 04, 2023
Zimbabwe
Alfred Chaavure's Remarkable Journey: From Bank Financial Accountant to Deposit Protection Corporation Director
With over 20 years of experience in Strategic Management, Banking, Finance, and Accounting, Alfred Chaavure brings a wealth of expertise and knowledge to his new role. He holds a Bachelor of Business
Sep 20, 2023
Zimbabwe
Platinum Deficit Forecast for 2023 Reaches Record High, Signalling Opportunities for Zimbabwe
This presents a unique opportunity for countries like Zimbabwe, which has seen a slight increase in platinum supply amid challenges faced by other major producers. Zimbabwe exports nickel mattes large
Sep 06, 2023
Zimbabwe
Matias Cardarelli Appointed as PPC CEO: Charting a Course for Growth Amidst Challenging Times
With a deep understanding of the cement industry and a proven leadership skillset, Mr. Cardarelli is well-positioned to steer PPC towards sustainable profitability. His appointment follows a comprehen
Sep 04, 2023
South Africa
Sibanye-Stillwater Faces Challenges Amidst Turbulent Economic Environment
The company's US PGM operations faced challenges due to a shaft incident and critical skills shortages, which affected productivity and unit costs. The global autocatalyst recycling industry also expe
Aug 29, 2023
Technology
Letshego's Digital Transformation Drives Revenue Growth and Product Diversification
Letshego's digital transformation journey has yielded impressive results, with 60% of its core customers migrating to the Digital Mall platform. This represents a remarkable 38% year-on-year increase
Aug 28, 2023
Botswana
Letshego Holdings Limited Reports Resilient Performance Amidst Sub-Saharan Africa's Economic Recovery
Letshego's business demonstrated resilience in the face of these challenging conditions. The company's Transformation Strategy is well underway, supported by a strong balance sheet driven by a 5% incr
Aug 28, 2023
Climate
CEC Reports Strong Half-Year Results, Resolves Historic Issues, and Focuses on Clean Energy Integration
For the six-month period ending June 30th, 2023, CEC reported revenues of USD 186.6 million, a 2% increase from the previous year, primarily attributed to regional and local power sales growth. The co
Aug 25, 2023
Botswana
Lucara Diamond's Latest 1,080-Carat Discovery Boosts Botswana's Diamond Revenue Prospects
The 1,080.1 carat diamond, measuring an impressive 82.2 x 42.8 x 34.2mm, is a Type IIa top white gem of exceptional quality. Discovered in the Coarse XRT unit at Karowe, the diamond was obtained throu
Aug 09, 2023
Botswana
Botswana's Diamond Model: A Blueprint for African Countries Eyeing Gem Success
The multi-year deal between Botswana and De Beers will significantly increase the supply of precious stones to the country. As other African nations, such as Zimbabwe, explore their diamond resources,
Aug 07, 2023
Botswana
Shumba Energy's Ambitious Energy Projects to Revolutionize Southern Africa's Power Deficit
With these various energy projects in the advanced stage of development, Shumba Energy is poised to have a significant impact on the energy sector in Southern Africa. As the region grapples with a gro
Aug 02, 2023
Top Stories
ZIDA's Investment Approvals Hit US$1.59 Billion With Mining and Manufacturing at 79.6%
Zimbabwe Investment Development Agency approved 86 mining licences worth US$768.5 million in the second quarter of 2026, an average approved ticket of US$8.9 million and the largest sectoral allocatio
Aug 06, 2026Gold Exports Reach Historic High: Biggest Monthly Windfall in History Tests Sustainability of the Boom
Zimbabwe has exported US$583.4 million of semi manufactured gold in June 2026, the highest monthly value recorded in Zimbabwe’s trade history, latest data from Zimstat shows. The figure exceeded the p
Aug 06, 2026
