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Kuvimba Mining House (KMH) has turned down a request by villagers in Mberengwa District to cede some lithium claims held by its subsidiary, Sandawanna, and would instead empower them through a Community Share Ownership Scheme.

BETA Holdings (BETA), the diversified producer of construction inputs, has admitted that it is in severe distress partly due to prevailing liquidity challenges at a time when its budgets are under pressure from ongoing expansion projects

Despite US threats that it should be moved to another country, South Africa will continue to host a summit between the US and beneficiaries of the African Growth and Opportunity Act (AGOA) in November.

Fed Chair Jerome Powell reaffirmed Wednesday that the central bank is still chasing an elusive soft landing, even as he acknowledged that executing a tightening campaign without triggering a widespread downturn is not the baseline expectation but rather a “plausible outcome.”

London-listed Premier African Minerals Ltd will start producing spodumene concentrates at its Zulu Lithium and Tantalum project in southern Zimbabwe following the completion of its milling plant, the company said in a statement yesterday.

Chinese sovereign lending to Africa fell below US$1 billion last year - the lowest level in nearly two decades - underscoring Beijing’s shift away from a decades-long big ticket infrastructure spree on the continent, latest data has showed.

Global debt hit a record US$307 trillion in the second quarter of the year despite rising interest rates curbing bank credit, with markets such as the United States and Japan driving the rise, the Institute of International Finance (IIF) said on Tuesday.

THE Zimbabwe Revenue Authority (ZIMRA) is set to introduce a new tax system next month in a bid to revolutionise the tax administration terrain in the country through an efficient, effective, and easy-to-navigate system based on a digital platform.

Access Finance Group, whose strategic network of operations includes Zimbabwe, has appointed Mr Salim Eceolaza as the new chief executive.

ZIMBABWE’S gold production fell 15 percent to 19,3 tonnes in the first eight months of the year partly due to lack of funding by the small-scale miners to modernize operations.

THE newly appointed Minister of Industry and Commerce Dr Sithembiso Nyoni has pledged to work with the local private sector to come up with sound policies in a bid to resuscitate the industry while sustaining the gains made during the last five years.

As efforts to transition to a clean energy future intensify, so does the demand for critical minerals.

PRESIDENT Mnangagwa last night left Harare for the 78th Ordinary Session of the United Nations General Assembly, where he will join other global leaders at the New York conference set to start today.

THREE new deputy ministers took their oath of office at State House in Harare yesterday and immediately pledged to work hard for the achievement of goals set in the National Development Strategy 1 (NDS1).

TOURISM industry players have up to October 31 to regularise their operations in terms of foreign agreements and offshore foreign accounts or face penalties by the Reserve Bank of Zimbabwe (RBZ), as nearly half of the operators are said to be flouting the law.