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Mozambique: Gas Exploration Starts in Centre of Country ? -------------------------------------- Mozambique is due to begin drilling for natural gas in central Mozambique ? ------------------------------------- This is still a relatively unexplored area where records of possible gas deposits...

Mozambique’s foreign reserves break record at 3.9 billion ? ------------------------- Economic Studies indicate that Mozambique’s foreign currency reserves had risen to US$3.9 billion, its highest ever ? ------------------------ “The recent cash inflow of US$880 million in capital gains, has...

Zimbabwe may have the largest onshore deposits of petroleum oil and gas of any place on the African continent ? If the findings from the research on the Muzarabani prospect in the Cahora Bassa Basin materialise ? Geo-chemical tests on rock samples, have further affirmed possible existence of...

Mozambique features strongly at 2019 Africa Investment Forum with $24.6 billion project, the largest deal to feature at the 2019 Africa Investment Forum? ( 10:33 CAT | 14 Nov 2019 ) -----------------------------...

Zimbabwe Diamond royalty slashed by 33pc, output poised massive for boom? ------------------------- Zimbabwe’s diamond output is poised for a massive boom after Treasury cut the royalty for diamond mining to 10 percent from 15 percent of gross revenue to reduce the cost of extracting deep-seated...

Mozambique and Namibia Central Banks cuts interest rates 14 Aug 2019 --------------------------- The Monetary Policy Committee of the Bank of Mozambique on Wednesday announced a cut in the bank’s key interest rates by 50 base points with immediate effect. ------------------------ The Standing...

Zimbabwe may get lithium dividend 14 Aug, 2019 ? -------------------------- Zimbabwe may draw significant benefits from one of its lithium assets after an independent market report certified the mineral as premium price category export ? ------------------------- Global demand for lithium metal...

Mozambique: Economic Studies Unit says the FID is also having an impact on the local currency, whose appreciation is, according to the bank, expected to continue in 2020 ? ------------------------------ The Currency of Mozambique is the Metical. Symbol MZN ? --------------------------- “As...

Zimbabwe may become a mining giant in the Southern African region on the back of its vast mineral deposits ? Zimbabwe has mineral deposits ranging from gold, platinum, diamonds, nickel and chrome ? --------------------------- Global investors in the mining sector may soon head for Zimbabwe to...

Mozambique: Foreign investment of $25 billion in landmark petrol development – photos 8:22 CAT | 19 Jun 2019 ? --------------------------------- The $25 billion investment is after gigantic gas reserves were discovered off the northern Cabo Delgado province ? ------------------------------...

Zimbabwe: Inaugural AU-UN wildlife summit set for Victoria Falls 17 Jun, 2019 ? --------------------------------- The First ever inaugural African Union (AU) and United Nations (UN) Wildlife Economy Summit is to be held from 23-25 June ? -------------------------------- Close to 500 delegates...

Miners back Zimbabwe 07 Jun, 2019 ? -------------------------------------- Zimbabwe’s gold and platinum producers have committed themselves towards meeting production targets of 100 tonnes of gold per year by 2023 and 50 tonnes of platinum per year by 2030 ? -------------------------------------...

Annual SA manufacturing production surprises by growing 4.6% in April Jun 11 2019 13:10 Fin24 ? -------------------------- South Africa's annual manufacturing production increased by 4.6% in April, according to data released on Tuesday by Stats SA ? --------------------------- This is the...

Zimbabwe Annual Mining Conference in Victoria Falls 01 Jun, 2019 - 00:06 ? ------------------------------ Zimbabwe has created a ONE -STOP AGENCY for INVESTORS ? The Zimbabwe Investment and Development Agency ( ZIDA ) ? ----------------------------- Zimbabwe challenged institutions of higher...

Global super major oil and gas company acquires rights in three new exploration licenses in Mozambique 9:48 CAT | 29 May 2019 ? ------------------------------- The company has acquired rights to develop blocks A5-B, Z5-C and Z5-D, located in the waters of Angoche and Zambezi Basins ...

South Africa's Neighbour, Mozambique may receive about US$95 billion investments in natural gas exploration ? Date 22nd May. ---------------------------------------- Last week, the Mozambican government approved the Rovuma LNG Development Plan to exploit natural gas in the Mamba zone of Area 4...

Delegation eyes Tourism in Zimbabwe ? Date 17 May, 2019 - Time 13:05 ------------------------------------ Zimbabwe received a 350 Member Delegation who are in the Country to visit Tourism Facilities ? ----------------------------------- Tourist arrivals from the Delegation Country were around...

Anglo American opens Zimbabwe's first platinum smelter ? Date 2019-05-16... Time 19:04 -------------------------------------------- Mining giant Anglo American on Thursday opened a $62-million platinum smelter in Zimbabwe, the country's first such refinery ...

ZIMBABWE has liberalised mining investments including the diamond and platinum sectors after it scrapped previous regulations ? ---------------------------------------- “We have liberalised investment and there are no restrictions on shareholding in the mining sector by foreign investors.”...

Professor Ncube, PhD in Mathematical Finance : Zimbabwe is OPEN for business...I think we are back in the game again ? --------------------------- https://www.chronicle.co.zw/government-to-scrap-5149-percent-policy-indigenisation-removal-to-allow-investors-to-own-100pc-in-mining/