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Zimbabwe’s currency ZiG, which is backed by a basket of foreign currencies, gold and other precious metals. Photographer: Cynthia R Matonhodze/Bloomberg via Getty Images

Valterra hits brick wall on Zimbabwe’s unpaid $100m

VALTERRA Platinum said it was making progress extracting current export proceeds from Zimbabwe, but an agreement on getting a historic amount of $100m paid was unresolved.…

Mthuli Ncube, finance minister, Zimbabwe

Zimbabwe to use minerals deals with China for infrastructure

ZIMBABWE is in talks with China Railway over resource-backed financing to fund road and rail construction, as the southern African nation seeks to address an estimated $34bn…

Mark Learmonth, CEO, Caledonia Mining

Caledonia weighs Zimbabwe tax hike on Bilboes project

ZIMBABWEAN gold miner Caledonia Mining Corp. said on Monday it was assessing the impact of proposed doubling in the royalty rate unveiled in the Southern Africa country’s…

A ‘Fine Gold” mark on a 500 gram gold bar. Photographer: Chris Ratcliffe/Bloomberg via Getty Images

Zimbabwe raises gold royalties amid price surge

ZIMBABWE will increase royalties on gold producers to capitalise on recent record bullion prices, said Reuters citing the country’s 2026 national budget speech which was…

Implats seeks meeting with Zimbabwe govt over forex rules

IMPALA Platinum (Implats) is seeking a meeting with Zimbabwe president Emmerson Mnangagwa to discuss foreign exchange retention rules that make it increasingly difficult for the…

Mthuli Ncube, finance minister, Zimbabwe

Zimbabwe says Kuvimba stake given to help compensate evicted white farmers

THE Zimbabwean government was handed a stake in Kuvimba Mining House in order to pay compensation to white farms, said Bloomberg News citing an announcement by the country’s…