Tag: Zimbabwe Gold

Zimbabwe sets $300 million gold support plan to boost local mining

Zimbabwe’s gold support plan caps government spending at $300 million through 2026 as production rises and fiscal risks grow.

Timilehin Adejumobi Timilehin Adejumobi

Zimbabwe’s Mutapa Investment Fund eyes $250 million to boost gold production

Zimbabwe’s Mutapa Fund seeks $250 million to expand gold mining as output targets rise through 2028.

Timilehin Adejumobi Timilehin Adejumobi

Zimbabwe launches new banknotes to restore trust in local currency

Zimbabwe has launched a new series of banknotes, part of a fresh effort to rebuild confidence in its local currency after years of economic instability. Authorities say the move is aimed at encouraging wider use of the Zimbabwe Gold (ZiG) and easing the country’s heavy reliance on the U.S. dollar.  The rollout, announced Tuesday, marks another step in a broader…

Oluwatosin Alao Oluwatosin Alao

Kavango Resources lands $8.4 million to advance Zimbabwe gold exploration

Kavango Resources strengthens Zimbabwe gold strategy with $8.4 million investor-backed funding.

Timilehin Adejumobi Timilehin Adejumobi