Courtesy of The Africa Report, a look at how successful drilling for oil, gas and helium in northeast Zimbabwe shows that the country is open for business: The company said in May that light oil, gas condensate, and helium were confirmed at Mukuyu-1, which forms part of the 80% owned Cabora Bassa project in northeastern […]
Read more »Courtesy of The Africa Report, strong insight into Southern Africa’s energy poverty: To observers, it’s incomprehensible that countries with active perennial waterways – via Zambezi River – teeter on the verge of energy poverty. Electricity generation is meant to be a feat of simple engineering, though requiring substantial investment. Moreover, for countries that have eternally […]
Read more »Courtesy of The Africa Report, a look at China’s interest in Zimbabwe’s lithium: China and other eastern nations that enjoy cordial relations with Zimbabwe are rushing for lithium as the President Emmerson Mnangagwa-led government is hoping to make the most of the rising global demand for the white gold. As the global economy goes green, […]
Read more »Courtesy of Visual Capitalist, a very interesting graphical look at inflation forecasts for 2023 – with Venezuela, Argentina, and Zimbabwe showing the highest estimates: Mapped: 2023 Inflation Forecasts by Country This was originally posted on Advisor Channel. Sign up to the free mailing list to get beautiful visualizations on financial markets that help advisors and their clients. Inflation […]
Read more »Courtesy The Africa Report, an article on the decrepit nature of Zimbabwe’s national railway: For almost three decades Zimbabwe’s railway system has been in a comatose state. The effects of the demise of the National Railways of Zimbabwe (NRZ) are not only being felt by businesses that used rail transport for their raw materials, but by […]
Read more »Via Rane’s WorldView, a look at Zimbabwe’s mining sector: Despite recent government commitments to reform, Zimbabwe’s mining sector will likely remain crippled by patronage politics, outdated legislation and regulatory gaps, which will continue to constrain the country’s economic outlook and restrict the extraction of some of the world’s most valuable minerals. Zimbabwe, a small country of […]
Read more »