Zimbabwe’s central bank has resumed the sale of gold coins, nearly a year after suspending the program, as part of efforts to stabilize the local currency and rebuild market confidence. The move comes amid ongoing pressure on the recently introduced ZiG currency, which has struggled due to economic mismanagement, accordingContinue Reading
Zimbabwe’s latest attempt at monetary reform—the ZiG currency—is facing a slow but steady decline, not through hyperinflation as in past cases, but through growing public indifference and policy shortcomings, according to Imara Asset Management, the country’s oldest independent brokerage firm. Launched in 2024, the ZiG represents Zimbabwe’s sixth currency reformContinue Reading
Sustainable farming is underpinned by minimised input costs and maximised yields, which can be achieved through adopting simple practices, such as regular cleaning of agricultural equipment. Atlas Copco’s rugged, compact and versatile U190 PACE diesel compressor is an essential equipment maintenance tool for crop farmers. The machine optimises the cleaningContinue Reading
At the close of the National Dialogue on Mining Governance and Conflict in the DRC and Great Lakes Region, Patient Bashombe, Chief Moderator of the Crisis Committee for Peace and Security in the DRC (CCPS-RDC), welcomed the government’s recent move to negotiate directly with the United States on responsible miningContinue Reading
Erik Prince, the controversial founder of Blackwater and a well-known ally of former U.S. President Donald Trump, has struck a deal with the Democratic Republic of Congo (DRC) to help the country clamp down on rampant mineral smuggling and reclaim lost revenue. The agreement, signed with Congo’s Ministry of FinanceContinue Reading
Alphamin Resources has resumed tin production at its Bisie mine in eastern Democratic Republic of Congo after M23 rebels withdrew from the nearby town of Walikale. The company announced that it is currently processing stockpiled tin ore, with full underground mining operations expected to restart later this month as employeesContinue Reading
Zimbabwe’s deepening liquidity crisis is exacerbating the economy’s reliance on the US dollar, undermining the effectiveness of the gold-backed Zimbabwe Gold (ZiG) currency, introduced nearly a year ago. Launched on April 8, the ZiG was Zimbabwe’s sixth attempt since 2009 to establish a functional local currency, aiming to replace theContinue Reading
DRC Gold Trading SA, a partnership between the Democratic Republic of Congo and the United Arab Emirates, has been forced to halt its operations due to increasing insecurity in the region, exacerbated by the occupation of parts of South Kivu by M23 rebels backed by Rwanda. Founded in January 2023,Continue Reading
Zambia has launched The Zambezi Minute, an ambitious initiative aimed at capitalizing on global demand for critical minerals while ensuring jobs, revenue, and sustainability for its citizens. A New Approach to Investment & Growth With a streamlined regulatory system, every policy will be assessed by a single guiding question: “DoesContinue Reading
China is ramping up its imports of off-exchange refined copper, fueled by a production boom in the Democratic Republic of Congo (DRC) and growing concerns over potential disruptions from U.S. scrap restrictions, according to analysts and traders. This surge underscores China’s increasing reliance on Congolese copper, which now dominates aContinue Reading
