The Indonesian island of Bali is smaller than my home district of Buhera. It has an airport to match any international hub. Planes are taking off and landing every minute or so. Citizens of 140 countries including Zimbabwe and 26 other African states do not need a visa. You get…
Executives of the Zimbabwe Diaspora Investment Group (ZIDIG), an equity investment company of diasporans in the UK, are in Denmark engaging private and institutional investors ahead of their scheduled 10-day Diaspora Trade and Investment Mission to Zimbabwe starting on Monday 15 January. ZIDIG Chief Executive Officer Taffi Nyawanza and Investments…
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…
Caledonia Mining Corporation (LON:CMCL) doubled profits as production from the Blanket mine in Zimbabwe rose by 18% in the three months to March. Output totalled almost 12,800oz, up from 10,800oz, with costs US$30 per oz lower at US$659 and sustaining costs down US$99 at US$857. Steve Curtis, chief executive said: “As the Blanket Mine has demonstrated […]
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…
THE National Railways of Zimbabwe (NRZ) wants government to prescribe that certain bulk commodities be transported by rail, among a raft of measures to revive the ailing parastatal, writes NewsDay The move would come after NRZ has been recapitalised, board chairperson Larry Mavhima told NewsDay. The rail parastatal is seeking…
Agriculture is taking a huge leap in Africa and investors want a piece of the action too. Projections by the UN are citing that FDI in African agri-business is projected to reach $45 billion in 2020 and industry will be worth 1 trillion by 2030. How wealthy are those investing…
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…
