Zimbabwe's lithium export quotas granted to Chinese firms after ban
via NewsDay Zimbabwe1 min read
Zimbabwe has granted lithium export quotas to Chinese firms following a ban. This development comes amidst various local news, including reports of demolitions in Mabelreign exposing council rifts, allegations of power struggles, corruption, and divisions. Other news highlights include Japan pledging US$2 million for food security and health systems, Zimra tightening screws on imports, and the Harare mayor defending the rollout of prepaid water meters. The healthcare sector faces a shake-up threatening 10,000 jobs, while 300,000 Zimbabwean farmers are set to benefit from chili production. Tobacco sales have reached US$74 million as deliveries surge. The Zimbabwean police force is reportedly stretched to breaking point. Afreximbank has selected St Kitts and Nevis for ACTIF2026, with a focus on identifying priority projects for shared economic development. A Zimbabwean rising star has shone at the ITF Gaborone tourney. Political tensions at grasslands plots have led to violent attacks and forced evictions. The VFEX stability masks underlying value, and Zanu PF is anticipated to ambush Zimbabwe towards a referendum. A new constitutional bill is testing the balance between perceived stability and accountability. Assets of a suspected Singaporean fraudster have been frozen in Zimbabwe, and 10,000 people have been reached in Bulawayo's HIV prevention drive. Afreximbank's US$11 billion investment in South Africa signals a new trade order. Concerns are rising among Zimbabwean farmers
Free daily or weekly digest of the most important stories from across 18 African countries. No spam, unsubscribe any time.
This summary was AI-generated from a story originally published by NewsDay Zimbabwe.
Zimbabwe's hospitality sector is facing a significant funding deficit of US$30 million in preparation for the IATF 2029. In related news, Stanbic Bank has committed US$30,000 towards clean-up initiatives in Victoria Falls. Other developments include Fidelity unveiling Zimbabwe's first large-scale residential piped gas project and the ZMX reporting rising confidence with trades reaching US$1.28 million. Zimbabwe also commissioned a specialized honey testing laboratory to enhance export competitiveness and delivered a historic milestone by hosting world-class Table Tennis regional championships. Political tensions at grasslands plots have led to violent attacks and forced evictions, while squatters continue to struggle with trauma from Gukurahundi and state-sponsored violence. The VFEX shows stability, though underlying value is masked, and there are concerns that Zanu PF may ambush Zimbabwe towards a referendum. Despite outdated equipment, Zimbabwe's para-athletes are achieving success, and junior water polo teams are poised for global recognition.
Must ReadZimbabwe has commissioned a specialized honey testing laboratory, a move aimed at enhancing the country's export competitiveness in the honey market. This initiative is expected to support local honey producers in meeting international quality standards and accessing global markets.
Must ReadStanbic Bank has committed US$30,000 to support clean-up initiatives in Victoria Falls. Separately, former legislator Dubeko has filed a challenge with the Constitutional Court regarding President Mnangagwa's term extension. Other news includes government efforts to revive the cotton industry, rising confidence in the Zimbabwe Mercantile Exchange ZMX with trades reaching US$1.28 million, and a report on ART operations being affected by power outages and raw material shortages, leading to a 6% decline in exports and a 26% decline in paper division volumes in the third quarter to June 2022. Additionally, Zimbabwe has commissioned a specialized honey testing laboratory to enhance export competitiveness.