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Russia stake in biggest Zimbabwe platinum project deters backers

Russia stake in Zimbabwe s biggest platinum project deters backers

NewZimbabwe.com – The Zimbabwe News You Trust is Zimbabwe’s leading online newspaper and published by New Zimbabwe Media Ltd. The platform brings you the latest breaking News, Business, Showbiz, Sports, Diaspora and gives you everything you’ve come to expect and love.

Impala Stalls Zimbabwe Platinum Approach Over Ownership Concern

Impala Stalls Zimbabwe Platinum Approach Over Ownership Concern
thezimbabwemail.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thezimbabwemail.com Daily Mail and Mail on Sunday newspapers.

Impala Stalls Platinum Approach Over Ownership Concern

NewZimbabwe.com – The Zimbabwe News You Trust is Zimbabwe’s leading online newspaper and published by New Zimbabwe Media Ltd. The platform brings you the latest breaking News, Business, Showbiz, Sports, Diaspora and gives you everything you’ve come to expect and love.

Zimbabwe Miners Say Foreign-Exchange Rule Could Trigger Crisis

Zimbabwe Miners Say Foreign-Exchange Rule Could Trigger Crisis Bloomberg 1/28/2021 Godfrey Marawanyika and Ray Ndlovu © Bloomberg Workers survey the Portal One area of the Great Dyke Investments Ltd. Darwendale platinum mine project, near Harare, Zimbabwe, on Wednesday, Sept. 16, 2020. The so-called Darwendale project, which lies 65 kilometers (40 miles) from the capital Harare, is central to the Zimbabwean government’s plans to revive its stagnant economy. (Bloomberg) Mining companies in Zimbabwe said a central-bank requirement compelling them to surrender more foreign exchange earned from mineral exports will push their operations to the brink. Popular Searches The Reserve Bank of Zimbabwe on Jan. 8 announced that exporters must now hand over 40% of their foreign currency earnings, up from 30%, which is then paid out in the local currency.

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