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UK Diaspora trade and investment mission set for January visit

UK Diaspora trade and investment mission set for January visit

The Zimbabwe Diaspora Investment Group Limited (ZiDIG), a private equity investment consortium launched by Zimbabweans based in the UK at the beginning of the year, will lead an investment mission of diaspora investors to Zimbabwe in January 2018. The Zimbabwe Diaspora Trade and Investment Mission, which will include at least…

Zimbabwe mines output threatened by foreign payment delays

Zimbabwe mines output threatened by foreign payment delays

Zimbabwe’s mining output is under threat because banks are delaying processing foreign payments by up to three months due to a shortage of dollars, the southern African country’s mining chamber warned on Monday. Mining generates more than half of Zimbabwe’s foreign exchange and should be given priority by the central…

Acacia Mining and Endeavour merger could be “compelling” – analyst

Acacia Mining and Endeavour merger could be “compelling” – analyst

The proposed combination of Acacia Mining Plc (LON:ACA) and Endeavour Mining Corp (TSE:EDV) is a “compelling opportunity”, according to analysts at Deutsche Bank. Discussions were confirmed on Friday 13 January 2017 afternoon after the market in London had closed. In a brief regulatory statement, Acacia said that it was in…

Condé Nast names Zimbabwe best place to visit in 2017

Condé Nast names Zimbabwe best place to visit in 2017

Condé Nast Traveler has named Zimbabwe its best destination for travellers to Africa in 2017. The American luxury and lifestyle travel magazine has ranked Zimbabwe 13th in the world and highest placed in Africa on its “Best Places to Travel in 2017” ahead of 14th-placed Rwanda, the only other African…

Vast Resources set for increased gold production in Zimbabwe

Vast Resources set for increased gold production in Zimbabwe

Aim-listed mining company Vast Resources has seen gold production at its Pickstone-Peerless mine, in Zimbabwe, increase 75% in the six months ended September 30, to 9 452 oz. CEO Roy Pitchford on Tuesday said that production at the mine consistently surpassed expectations, having reliably exceeded 20 000 t/m of ore.…

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