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MinRes Secures Bald Hill Lithium Mine Acquisition for $260 Million

Mineral Resources (MinRes) has finalized a deal to acquire the Bald Hill lithium mine for $260 million, stirring queries among some investors. Situated in Western...

Indonesia Ban Palm Oil Exporting

Indonesia the world's biggest palm oil exporter imposed a ban on palm oil exports to avert potential domestic shortages due to the ongoing Russian...

Zimbabwe’s Biggest Oil Mogul Pounces on Bindura Nickel Corporation

HARARE – Zimbabwe’s biggest oil mogul and top advisor to President Emmerson Mnangagwa, Kuda Tagwirei has snatched 74 % shareholding in the country’s largest nickel operation,...

Fastjet wins ‘Africa’s Leading Low-Cost Airline-2020’ title for the 5th consecutive year

FASTJET  for the fifth consecutive year has been awarded by the World Travel Awards the title of “Africa’s Leading Low-Cost Airline– 2020”. The organizers announced...

AfDB Allocates Grant to Help African Nations Boost Mining Revenues

HARARE - The African Development Bank (AfDB) has allocated a €1.2-million grant to provide training to help resource-rich countries improve their mining revenues. The bank’s Regional Development,...