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Zimbabwe Gazettes New Mining Fees

HARARE - Zimbabwe has gazetted new mining fees that take into account the inflation rate since the last review of the fees. The Mining (General)...

Inflation to Reach 450 Percent as Zimbabwe Abandons Multicurrency System

HARARE - Zimbabwe’s year on year inflation rate could reach 450 percent by the end of this year in line with this week’s new measures...

AfDB Loans Morocco USD195 Million to Boost Cereal Production

The Board of Directors of the African Development Bank approved on Wednesday, 28 September 2022, in Abidjan a €199 million loan to finance Morocco’s...

DRD consulting with govt, labour to restart Far West Rand gold recoveries

JOHANNESBURG – Surface gold mining company DRDGold is considering re-starting operations at its Far West Gold Recoveries surface retreatment operation at Carletonville, south-west of...

Zimbabwe Mines Stuck with Tough Retentions

HARARE - Zimbabwe’s struggling mines will be stuck with tough foreign currency retention policies introduced by the Reserve Bank of Zimbabwe (RBZ) about three...