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BNC; US$500 Million Withheld Over Country Risk

HARARE - Zimbabwe’s high-country risk has militated against Bindura Nickel Corporation (BNC)’s efforts to find US$500 million for major capital projects, according to BNC chairman,...

Spain and Brazil Rally for Swift Conclusion of Mercosur-EU Trade Agreement

Brazil's President Luiz Inacio Lula da Silva engaged in a crucial conversation with Spanish Acting Prime Minister Pedro Sanchez on Friday, emphasizing the urgency...

Barrick CEO Says Zambia Mine Worth More Than $735m

LUSAKA – Barrick Gold believes its Zambian copper mine is worth more than the $735-million carrying value listed in its latest annual report. CEO Mark Bristow said he’s received interest from...

Zimbabwe Requires US$34 Billion to Fix Infrastructure – AfDB

HARARE - Zimbabwe needs at least USD34 billion to fix its aged infrastructure within the next ten years, the 2019 AFDB infrastructure report on Zimbabwe...

Kenyan Police Intensify Operations in the Hunt for Al-Shabab

Kenyan police said Sunday they have intensified security operations across Mandera town in the northeast region to pursue al-Shabab militants who raided two mosques...