Articles
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1 week ago |
bloomberg.com | Godfrey Marawanyika
A farmer checks his tobacco crop in Zimbabwe. (Bloomberg) -- Zimbabwe’s tobacco sales surged to a record as improved rainfall helped boost output in Africa’s top producer of the crop. Sales jumped 45% to a record 299.2 million kilograms in the period from March to mid-June, the Tobacco Industry and Marketing Board said in a statement. The auctions generated slightly more than $1 billion in revenue, it said, up from $715 million the year before.
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1 week ago |
infobae.com | Godfrey Marawanyika
El Fondo Monetario Internacional (FMI) afirmó que los avances económicos de Zimbabue representan un “cambio de régimen”, pero se negó a declarar si, o cuándo, el organismo con sede en Washington le otorgaría un programa supervisado por el personal técnico.
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1 week ago |
bloomberg.com | Godfrey Marawanyika |Ray Ndlovu
Shoppers browse grocery stores in the central business district of Harare, Zimbabwe. (Bloomberg) -- The International Monetary Fund said Zimbabwe’s economic reforms have made “significant progress,” but the nation still has more work to do before earning an IMF staff-monitored program.
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2 weeks ago |
bloomberg.com | Godfrey Marawanyika
Lithium bearing rock at a mine in Bikita, Zimbabwe. (Bloomberg) -- Zimbabwe will ban exports of lithium concentrates in 2027 as part of a push to make foreign mining companies develop refining operations in the country, a cabinet minister said. “With effect from January 2027, the export of lithium concentrates will no longer be allowed,” Information Minister Jenfan Muswere told reporters in the capital Harare.
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2 weeks ago |
flipboard.com | Godfrey Marawanyika
NowCNN — Call it a “chip shortage on steroids.” That’s how one expert told CNN the auto industry is describing a possible shortage of rare-earth elements — minerals that are now center stage in the global trade war. Running low on those minerals could recall the pandemic-era chip shortage that jacked up …
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