Economy

Economy

economy

Iran War Strains African Airlines

Iran War Strains African Airlines

Africa-Press - Zimbabwe. The African Airlines Association has warned that the American-Israeli war on Iran has led to rising fuel prices and...
Zimbabwe Plans to Double Gold Output by 2029

Zimbabwe Plans to Double Gold Output by 2029

Africa-Press - Zimbabwe. The state-owned company Mutapa Gold Resources in Zimbabwe intends to double its annual gold production to 220,000 ounces by...
Govt Bans Mining, Blasting At Cultural Sites

Govt Bans Mining, Blasting At Cultural Sites

The Permanent Secretary for the Ministry of Home Affairs and Cultural Heritage, Raphael Faranisi, says no mining or blasting should take place at cultural...
China Turns to African Oil after Iran Ban

China Turns to African Oil after Iran Ban

Africa-Press - Zimbabwe. The petrochemical company Hengli, one of the largest independent refining companies in China, has begun shifting towards purchasing oil...
East Africa Budgets Face War and Debt Pressure

East Africa Budgets Face War and Debt Pressure

Africa-Press - Zimbabwe. The governments of Kenya, Uganda, and Tanzania have presented their budgets for the fiscal year 2026-2027 amid increasing economic...
Africa Growth Stays Resilient Amid Global Turmoil

Africa Growth Stays Resilient Amid Global Turmoil

Africa-Press - Zimbabwe. African economies are expected to grow by 4.2% in 2026, a slight decrease from the 4.4% recorded in 2025,...
Africa Growth Stays Resilient Amid Global Turmoil

Africa Growth Stays Resilient Amid Global Turmoil

Africa-Press - Zimbabwe. African economies are expected to grow by 4.2% in 2026, a slight decrease from the 4.4% recorded in 2025,...
Govt Moves To End The Use Of Mercury In Small-Scale Gold Mining

Govt Moves To End The Use Of Mercury In Small-Scale Gold Mining

The Government has stepped up efforts to end the use of mercury in artisanal and small-scale gold mining. Officials are collecting baseline data and carrying...
India Buys Oil from West Africa

India Buys Oil from West Africa

Africa-Press - Zimbabwe. India has purchased approximately 5 million barrels of crude oil from West Africa and the Middle East through a...
Iran War could Push Oil to $150 a Barrel

Iran War could Push Oil to $150 a Barrel

Africa-Press - Zimbabwe. Bilal Shaib, an economic expert, confirmed that the American war on Iran is exacerbating existing crises such as the...