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Top banks agree to lend US$130m for Karo Platinum mine expansion

Tharisa, the JSE-listed miner currently building the Karo Platinum mine in Zimbabwe, says it has raised US$130 million in a debt facility secured by production. The company, which began work on the US$391 million platinum project at Selous last year, said the facility from France’s Société Générale and South Africa’s Absa Bank has a 42-month…

Investing in gold

Absa Bank to replenish its gold units as investors exhaust supply

South Africa’s Absa Bank Limited will list new units of the gold-backed exchange-traded fund (ETF).

Absa New Gold ETF records an all time high turnover of Shs 91 7mn

NAIROBI Kenya, March 3- The Absa New Gold Exchange Traded Fund (ETF) has recorded an all-time high turnover of Shs 91.7 million on a volume of 44,000 Kenya breaking news | Kenya news today |

Mugabe clamps down on corruption but……

First it was Philip Chiyangwa. Then came James Makamba. Followed by Jane Mutasa. Some might say these are small fry in ZANU-PF. The big fish are getting away. But the amounts involved are not small. Chiyangwa, Makamba and Mutasa are not small either, unless one says only those in Mugabe’s cabinet are the big fish..

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