Business Articles

Global Lithium Prices Surge After Zimbabwe Export Ban Tightens Supply Outlook

Johnson Progress Lithium prices and mining shares rallied across global markets after Zimbabwe, one of the world’s leading producers of the critical battery mineral, suspended all exports of lithium concentrate. The immediate ban, which aims to curb illegal shipments...

OK Zimbabwe Enters Corporate Rescue, Appoints Practitioner to Oversee Restructuring

Johnson Progress OK Zimbabwe Limited, a cornerstone of the nation’s retail sector for decades, has been placed under formal corporate rescue proceedings, the company announced this week. The board’s decision, formalised on 23 February 2026, triggers a statutory...

Zimbabwe Sets Sight on Sustained Gold Output as Government and Miners Chart Path to 2026 Target

Johnson Progress Gold producers are in active discussions with the Government of Zimbabwe to establish and strategize around the country’s gold production targets for 2026, following a robust performance in 2024 where output surpassed 46 tonnes. These high-level...

ZiG Currency Gains Momentum as Zimbabwe’s Gold Production Hits Record High

Johnson Progress Zimbabwe's new gold-backed currency, ZiG, is projected to maintain its stability through the year, bolstered by the nation's record-breaking gold production in 2025, which has substantially fortified the reserves underpinning the monetary unit,...