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Kuvimba sinks US$1bn into mining projects – Zimbabwe Situation

Kuvimba sinks US$1bn into mining projects – Zimbabwe Situation
zimbabwesituation.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from zimbabwesituation.com Daily Mail and Mail on Sunday newspapers.

Zimbabwe General , United States , Mashonaland Central , Matabeleland North , Phoenix Mine , Great Dyke , Freda Rebecca , Bindura Nickel Corporation , Russia Vi Holdings , Sunday Mail , Great Dyke Investments , Zimbabwe Alloys , Freda Rebecca Gold Mine , Gold Mine , President Mnangagwa , Nickel Mine , Club Mine , Eastern Europe ,

Kuvimba to raise US$50m for capex – Zimbabwe Situation

Kuvimba to raise US$50m for capex – Zimbabwe Situation
zimbabwesituation.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from zimbabwesituation.com Daily Mail and Mail on Sunday newspapers.

Matabeleland North , United States , Mashonaland East , Mashonaland Central , Great Dyke , Zimbabwe General , Mashonaland West Province , Mashonaland West , Oliver Kazunga , Russia Vi Holdings , Victoria Falls Stock Bindura Nickel Corporation , Business News , Great Dyke Investments , Zimbabwe Alloys , Second Republic ,

Zimbabwe company stories that made headlines in 2022

In 2022, inflation remained high, the exchange rate was on steroids for long periods, lights went out often and Zimbabwe’s long tradition of policy shifts kept businesses on edge. There was, still, some business to be done, for better or for worse. Here, we look back at some of the top company news we covered… ....

Free State , South Africa , United Kingdom , Mashonaland West , Leningradskaya Oblast , Kwazulu Natal , Great Dyke , Zimbabwe General , Arkhangel Skaya Oblast , Mashonaland East , Eastern Cape , Fort Rixon , Matabeleland South , Milton Park , Motapa Mine , Red Rock , Eilean Siar , Nico Muller , Tongaat Hullet , Delta Chibuku , Hamish Rudland , Cabora Bassa , Kuda Tagwirei , Mashonaland Holdings , Russia Vi Holdings , Baker Hughes ,

Foreign entities can now fully own mines in Zimbabwe following outcry


iStock/ Juan Jose Napuri
Foreign entities can now fully own mines in Zimbabwe, including diamond and platinum mines, following Zimbabwe s withdrawal of its indigenisation amendment.
This after the Zimbabwean government deleted an amendment to the Finance Act which had given it the power to control at least 51% ownership in mining entities. 
The amendment was seen by many as a way of reintroducing the country s controversial indigenisation laws on the mining sector.
The Zimbabwe government has deleted an amendment to the Finance Act which had given it the power to control at least 51% ownership in mining entities.
As reported by Fin24 last week, the Zimbabwe government had enacted under its laws a section that gave the minister of mines, in consultation with the minister of finance, powers to secure 51% in any chosen mine house through an appropriate designated entity (local shareholders). ....

Great Dyke , Zimbabwe General , Mthuli Ncube , Great Dyke Investments Private , Russia Vi Holdings , Economic Development , Finance Act , Great Dyke Investments , Government Gazette Extraordinary , Income Tax Act , Special Mining Lease Agreement , நன்று டைக் , ஸிஂபாப்வே ஜநரல் , நன்று டைக் முதலீடுகள் ப்ரைவேட் , ரஷ்யா வி ஹோல்டிங்ஸ் , பொருளாதார வளர்ச்சி , நிதி நாடகம் , நன்று டைக் முதலீடுகள் , அரசு கஸெட் அசாதாரண , வருமானம் வரி நாடகம் ,