Nyasha Chingono

Jan 20, 2025 | uk.marketscreener.com | Nyasha Chingono

HARARE (Reuters) - Zimbabwe's state-owned Kuvimba Mining House expects to finalise this month a deal agreed with two Chinese companies as it sticks with its $270 million lithium project on the basis lithium prices will recover, its CEO said on Monday. Analysts expect robust sales of electric vehicles (EV) in China and the mothballing of some mines will this year stabilise lithium prices.

Jan 16, 2025 | msn.com | Nyasha Chingono

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Jan 16, 2025 | marketscreener.com | Nyasha Chingono

HARARE (Reuters) - Sugar producer Tongaat Hulett Zimbabwe plans to lay off 1,000 employees by August this year, a company official said, as it seeks to cut costs and survive the country's currency turmoil and inflationary pressures. The company, one of Zimbabwe's biggest employers with a workforce of 16,000, has complained of soaring labour and fertilizer costs and currency losses due to the country's unstable currency.

Jan 15, 2025 | sowetanlive.co.za | Nyasha Chingono |Philimon Bulawayo

Zimbabwe President Emmerson Mnangagwa's tenure as president could be extended. File photo Zimbabwe's ruling Zanu-PF party wants to extend President Emmerson Mnangagwa's term in office by two years until 2030, a party spokesman said on Tuesday. He gave no details of how this could be achieved or whether constitutional changes would be sought to enable the 82-year-old Zanu-PF leader to stay on.

Jan 15, 2025 | timeslive.co.za | Nyasha Chingono

Zimbabwe President Emmerson Mnangagwa's tenure as president could be extended. File photo Zimbabwe's ruling Zanu-PF party wants to extend President Emmerson Mnangagwa's term in office by two years until 2030, a party spokesman said on Tuesday. He gave no details of how this could be achieved or whether constitutional changes would be sought to enable the 82-year-old Zanu-PF leader to stay on.