Kuvimba Mining House (KMH), a State-owned enterprise, may cut the budget for its Darwendale platinum project…
Category: BUSINESS NEWS
The latest ZiMetro Business News: breaking personal finance, company, financial and economic news, plus insight and analysis into Zimbabwe and global markets.
Reserve Bank of Zimbabwe Infuses US$64 Million to Stabilize Currency Market
The Reserve Bank of Zimbabwe (RBZ) has injected US$64 million into the foreign exchange market to…
Zim Blueberries Take Center Stage at Malaysia International Halal Showcase
The Malaysia International Halal Showcase (MIHAS) is currently taking place, providing Zimbabwean companies like Eden Chase…
South African Rand Up as Investors Prepare for Rate Changes
The South African rand strengthened, buoyed by expectations of a busy week ahead with several key…
Zimbabwe Seeks to Leverage High Gold Prices for Economic Growth
Zimbabwe’s MINES and Mining Development Minister, Winston Chitando, has urged gold miners to boost production by…
China Imposes Six-Month Ban and $56.4 Million Fine on PwC Over Evergrande Audit Failures
Chinese authorities have imposed a six-month ban on PwC and levied fines totaling over 400 million…
Ugandan Government in Legal Battle Over Land Disputes Along EACOP Pipeline Route
Uganda’s government is embroiled in a legal battle with 112 landowners set to be displaced by…
Zambia’s Mines Turn to South Africa’s Eskom for Power Amid Worst Energy Crisis
Zambia’s largest mining companies are turning to an unexpected energy source amid the country’s severe power…
Tight Liquidity Hinders IDBZ Infrastructure Funding Efforts
The Infrastructure Development Bank of Zimbabwe (IDBZ) reports that tight liquidity conditions are hindering the disbursement…
Fitch Warns Mpox Outbreak Could Worsen Fiscal Pressures in Sub-Saharan Africa
Fitch Ratings recently cautioned that the rapid spread of the mpox virus in sub-Saharan Africa could…