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Zimbabwe Sees First Single-Digit Inflation in Over Two Decades 1 International Economy 

Zimbabwe Sees First Single-Digit Inflation in Over Two Decades

Constance
Zimbabwe’s Inflation Falls to Single Digits as ZiG Currency Gains Stability Zimbabwe’s economy is showing early signs of stabilization, marked by a sharp slowdown in inflation and renewed confidence in its gold-backed local currency. The development represents a significant milestone for a country that has grappled with currency instability and hyperinflation for more than two decades. In November last year, the Confederation of Zimbabwe Industries (CZI) projected a substantial decline in annual inflation by the end of 2025, forecasting a 50% reduction as tighter monetary controls took effect. At the… Read More Here
Mining Indaba 2026: Stronger together, Progress through partnerships 21 Events & Expos 

Mining Indaba 2026: Stronger together, Progress through partnerships

Constance
Mining Indaba 2026 Returns to Cape Town, Driving Partnerships, Investment and Africa’s Mining Future Mining Indaba 2026 returns to Cape Town from 9–12 February, bringing together the full African and global mining ecosystem at a pivotal moment for the industry. With governments, investors, mining companies, communities, and downstream buyers under one roof, the event aims to accelerate collaboration and unlock practical solutions for Africa’s long-term growth. According to Laura Nicholson, Product Director for Mining Indaba, momentum for the 2026 edition is already unprecedented. More than 70% of exhibition space sold… Read More Here
South African Rand Strengthens Near 16-per-Dollar as Gold Hits Record Highs 22 International Economy Gold 

South African Rand Strengthens Near 16-per-Dollar as Gold Hits Record Highs

Constance
South African Rand Approaches 16 per Dollar Amid Record Gold Prices Ahead of SARB Rate Meeting The South African rand edged closer to the 16-per-dollar mark on Monday, supported by record gold prices, ahead of the South African Reserve Bank’s (SARB) first interest rate meeting of 2026. At 07:03 GMT, the rand traded at 16.0475 against the dollar, up approximately 0.4% from its previous close and near its strongest level since June 2022. The U.S. dollar weakened slightly against a basket of currencies, while gold surged past $5,000 per ounce,… Read More Here
Zahid Group Completes $1.3bn Acquisition of Barloworld in Landmark Middle East–Africa Deal 23 Mining Equipment International Mergers & Acquisitions 

Zahid Group Completes $1.3bn Acquisition of Barloworld in Landmark Middle East–Africa Deal

Constance
Saudi Arabia’s Zahid Group Finalises $1.3bn Barloworld Acquisition in Major Middle East–Africa Deal Saudi Arabia’s Zahid Group has formally completed the acquisition of South African industrial conglomerate Barloworld, concluding a R23 billion ($1.3 billion) transaction that takes the 123-year-old company private and ranks among the most significant Middle East–Africa corporate takeovers in recent years. The acquisition, led by a consortium anchored by Zahid Group through its subsidiary Gulf Falcon Holding, was finalised in January 2026 after the buyers secured the remaining outstanding shares via a compulsory squeeze-out. Barloworld’s ordinary shares… Read More Here
GIA Explores Certification Partnership for Angolan Diamonds 24 International Angola Diamond 

GIA Explores Certification Partnership for Angolan Diamonds

Constance
GIA Eyes Certification of Angolan Diamonds as U.S. Interest in Angola’s Diamond Sector Grows Angola’s diamond industry is attracting growing interest from the United States, with the Gemological Institute of America (GIA) signalling its intention to collaborate on the certification of diamonds produced in the country. The initiative could strengthen Angola’s position in the global diamond market while supporting local economic development. During a visit to diamond sector infrastructure in Lunda Sul Province, a GIA delegation expressed interest in working with Angolan authorities to certify “diamonds made in Angola.” The… Read More Here
Ghana Steps Up Electric Vehicle Manufacturing Push to Drive Industrialisation 25 International Battery Metals Transport and Logistics 

Ghana Steps Up Electric Vehicle Manufacturing Push to Drive Industrialisation

Constance
Ghana Advances EV Manufacturing Plans with Chinese Automakers to Boost Jobs and Clean Transport Ghana is accelerating its industrialisation agenda with a renewed focus on electric vehicle (EV) manufacturing, as the government seeks to create jobs, attract foreign investment, and enhance the country’s competitiveness in clean transport. The initiative builds on earlier engagements with Chinese automakers and has now entered a more advanced implementation phase. Speaking at the Government Accountability Series on January 21, 2026, Minister of Trade, Agribusiness and Industry Elizabeth Ofosu-Adjare said the government had signed a memorandum… Read More Here
Prospect Resources Uncovers Significant Gold Potential at Nyungu Central Copper Deposit 26 Gold Corporate News Mining in Zambia New Mining Projects 

Prospect Resources Uncovers Significant Gold Potential at Nyungu Central Copper Deposit

Constance
Prospect Resources Identifies Major Gold Upside at Nyungu Central in Zambia, Lifting Project Value Prospect Resources has identified significant gold mineralisation at its Nyungu Central copper deposit in Zambia, a development that could materially enhance the value of the Mumbezhi Project and strengthen its appeal to potential buyers, according to new equity research published by Argonaut Securities. The gold discovery follows a re-assaying programme of historical drill samples originally analysed only for copper. The new results reveal widespread gold anomalism within previously defined copper mineralisation at Nyungu Central, suggesting gold… Read More Here
Kagem Mining Agrees to 10% Pay Rise for Unionised Workers Under New Collective Agreement 27 Mining in Zambia Corporate News Gemstones 

Kagem Mining Agrees to 10% Pay Rise for Unionised Workers Under New Collective Agreement

Constance
Kagem Mining Secures 2026/27 Collective Agreement with 10% Salary Increases and 13th Cheque Emerald producer Kagem Mining, which is 75 percent owned by Gemfields and 25 percent by the Zambian government’s Industrial Development Corporation (IDC), has successfully concluded negotiations for its 2026/27 collective agreement covering unionised employees. Under the agreement, employees will receive a 10 percent salary increase in 2026 and a further 10 percent increase in 2027, applied uniformly across the workforce. Negotiations between Kagem management and the Mine Workers Union of Zambia (MUZ), together with the National Union… Read More Here
Jubilee Metals Announces Resignation of Non-Executive Director Nicholas Taylor 28 Corporate News Mining Personality 

Jubilee Metals Announces Resignation of Non-Executive Director Nicholas Taylor

Constance
ubilee Metals Board Update: Nicholas Taylor Resigns as Non-Executive Director Copper producer Jubilee Metals has announced that Nicholas Taylor has resigned from his position as a non-executive director with immediate effect. Taylor, who was appointed to the board in 2020, served as chair of the audit and risk committee and was also a member of the remuneration committee. During his tenure, he previously served on the safety and sustainability committee. Jubilee stated that new appointments to the affected committees will be made in due course, including the designation of a… Read More Here

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