Chimata starts work on Kamativi Lithium Project

HARARE – Chimata Gold Corporation has begun drilling at the Kamativi Lithium Tailings Project to define the scope of the lithium deposit on the property.

Copper price bears are out as first surplus in six years predicted

By Frik Els On Tuesday copper for delivery in May advanced to a two-week high on the Comex market in New York at $3.065 per pound or $6,755 a tonne after…

China vows countermeasures as U.S. issues extensive tariff list

WASHINGTON/BEIJING – China condemned the United States on Wednesday as the Trump administration pushed ahead with plans to slap tariffs on about $50 billion of Chinese industrial and hi-tech products, and vowed…

South African rand weakens as global trade tensions sap risk appetite

JOHANNESBURG – South Africa’s rand weakened against the dollar early on Wednesday as U.S.-China trade tensions sparked market fears that the standoff between the world’s two largest economies could spiral into a…

Lafarge posts FY loss

BH24 Reporter HARARE – Lafarge Cement Zimbabwe posted a loss after tax of $0, 6 million for the year to December 31, 2017, down 119 percent from a $3, 1…

Ecobank mobile app reaches 4 million users

BH24 Reporter HARARE – Ecobank’s upgraded mobile app has attracted 3 million new customers in just six months, taking the total number of users to 4 million.

Zim firm secures multi-million dollar deals in China

BEIJING – A local agricultural equipment  supply firm, Platinum Agriculture, has signed agreements with various  Chinese companies for the provision of farming and mining equipment and  agro-chemicals to famers and…

Chinese construction giant puts Zim on its radar

BEIJING  – Chinese conglomerate, China  Communications Construction Company (CCCC) on Tuesday said it had put  together a comprehensive package plan for infrastructure projects in  Zimbabwe.

NSSA’s bank stuck in the red, delivers housing units

HARARE – The National Building Society (NBS) posted a loss for the second year running since its establishment  in 2016 but is optimistic of turning around its fortunes by the…

Bonds stable as investor focus turns offshore

South African government bonds were little changed on Tuesday morning, stable after the Easter long weekend, and with few major catalysts driving the market.

×