Stanbic avails US$100 million to mining sector
The bank last year revealed that it commands between 40% and 45% market share in the mining sector.
By Mthandazo Nyoni
Jun. 2, 2024
Mineral revenues seen falling 4% to US$5 billion
Despite this decline in performance, the sector accounted for approximately 78% of national exports in 2023, maintaining its position as the largest foreign currency earner in the country.
By Mthandazo Nyoni
May. 30, 2024
Gold production down 11%
Zimbabwe experienced a severe power crisis in the first four months of 2023, resulting in mining houses incurring heavy losses.
By Freeman Makopa
Jul. 23, 2023
Zim platinum output drops
Zimbabwe is the world’s third biggest platinum producer behind Russia and its southern neighbour, South Africa.
By Tatira Zwinoira
Mar. 10, 2023
‘Power cuts choke mines, industry’
The Chamber of Mines Zimbabwe (CoMZ) said the severe load-shedding would result in failure by the country to achieve the US$12 billion mining economy by 2030.
