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Statutory Instrument 127 Will Cripple the Economy

Industrialists have dismissed the effectiveness of statutory instrument 127 in addressing Zimbabwe’s foreign currency challenges, ENN reports. The Confederation of Zimbabwe Industries (CZI) has...

TerraCom takes major stake in Universal Coal

PERTH– ASX-listed TerraCom has taken a 19.9% stake in South Africa-focused coal miner Universal Coal, in a deal worth A$34.6-million. TerraCom on Wednesday said that it...

MTN Said to Earmark Stake in Botswana Venture for Sale

The MTN Group is considering the sale of its stake in Botswana’s largest wireless carrier, according to people familiar with the matter, as chief executive officer Rob...

Zimbabwe to enforce ‘use it or lose it’ policy for mining assets

HARARE - Zimbabwe will vigorously enforce a policy to force companies to develop their mining assets and not keep the land for speculative purposes, mines minister...

Zambia to Spare Quantum Minerals

LUSAKA - Zambia has no plans to seize the assets of Quantum Minerals Ltd and the copper producer intends to stay in the country despite...