Golden Aspirations for Zimbabwe

Golden Aspirations for Zimbabwe

Zim aims to be among top five gold producers in Africa Harare – Zimbabwe is aiming to become one of the top five gold producing countries in Africa within the next three years, says Finance and Economic Development Minister Patrick Chinamasa. Zimbabwe’s gold...

SA to diversify reserves

South Africa’s Reserve Bank is set to invest in currencies such as the Korean Won, Australian Dollar and the New Zealand Dollar. “The bank has also taken steps to invest in new currencies. [It] will be diversifying into currencies such as the Korean Won, Australian...

Transnet credit rating upgraded

Transnet’s credit rating has been upgraded to ‘BBB’, with the upgrade affirming the state utility’s ability to raise funds without a government guarantee. The state owned ports and rail operator’s credit rating was upgraded by two notches from a previous...

Scrap metal decision welcomed

Economic Development Minister Ebrahim Patel has welcomed the judgement of the North Gauteng High Court to dismiss an application to interdict the implementation of government’s new scrap metal export regulations. The new regulations came into effect on 16 September....