Lithium prices and stocks jumped after Zimbabwe, a leading global producer, suspended exports of lithium concentrate, sparking concerns about tightening global supplies of the critical battery material. Lithium prices and stocks surged after Zimbabwe suspended all exports of lithium concentrate. China’s lithium prices soared amid concerns about tighter global supplies following the ban. Lithium is…
Africa’s digital landscape is rapidly evolving as countries implement policies to expand internet access and improve connectivity. Africa is rapidly enhancing its digital landscape through policies and investments in broadband, 4G, and 5G networks. Governments are prioritizing digital adoption and partnering with tech companies to expand coverage and reduce costs. Challenges like regulatory inconsistencies, rural…
South African miner Valterra Platinum says it is owed about $100 million in export proceeds by Zimbabwe’s government, highlighting persistent foreign exchange pressures facing mining companies operating in the country. Valterra Platinum says Zimbabwe owes it $100 million under the country’s forex retention policy. The miner is receiving partial payments but warns that the backlog…
