Government has given ferrochrome producers until December 2025 to establish their own power plants, a development expected to relieve pressure on the national grid.
The Government of Zimbabwe has announced that it will discontinue offering tax relief to mining companies starting in January 2025, Bloomberg reported.
Mantengu Mining has reported a R102.8-million year-on-year increase in revenue from R13.1-million for the six months ended August 2023 to R115.9-million for the equivalent period this year.
The temporary closing of the Lebombo border crossing into Mozambique from South Africa, triggered by escalating protests over last month’s disputed election, is a fresh setback to South African chrome producers and other miners.