MetalsGrove acquires two lithium mines for US$60 000

Business Writer MetalsGrove Mining (MGA) has entered into a strategic agreement to acquire six, contiguous and highly prospective lithium-tin-tantalum claims from two mines, in what the company considers a transformational…

Govt to invest in broadband extension

Business Writer Government says it will next year invest in the extension of broadband infrastructure and last mile connectivity as it moves to attain a digitally enabled economy and the…

African countries lost control to foreign mining companies

By Ben Radley Within a few years of independence, African governments asserted sovereignty over their metal and mineral resources. Prior to this, the resources were exploited by European mining corporations.…

‘Zim makes great strides in financial inclusion’

Business Reporter Zimbabwe has made notable strides in reducing the number of unbanked individuals in the country through various initiatives under the National Financial Inclusion Strategy (NFIS) and will continue…

Buy to let: How to lose 60pc of your investment

Imagine, if you will, you’re a South African living in London. It’s 2015. The mid-2000 buy-to-let boom is a distant memory. Some of your friends made a small fortune, but…

Seed Co Intl to leverage strong regional demand

Business Reporter Regional seed producer Seed Co International says it will leverage strong demand in its international markets to drive a solid performance for the financial year 2024. These include…

Puma Energy pumps US$30m into extending footprint

Tapiwanashe Mangwiro Senior Business Reporter Puma Energy Zimbabwe has reaffirmed its commitment to remain in Zimbabwe saying this is evidenced by the US$30 million set aside for new investments, as…

Dangote’s diesel and JetA1 to hit market early 2024

The Dangote refinery will start the production of diesel and JetA1 in January 2024. However, the production of petrol is being delayed by the supply of crude oil in instalments.…

Kenya Airways warns of holiday travel disruptions

Kenya Airways has issued a warning to its customers, advising them to anticipate possible disruptions to its flight schedule during the upcoming Christmas holiday season due to shortages of spare…

Rwanda gets US$250m from AfDB for water

The board of directors of the African Development Bank Group granted loans of nearly US$250 million to Rwanda in Abidjan to enhance the population’s access to water and sanitation services.…

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