With its rich lithium reserves, Zimbabwe depends on the extraction and refinement of this key component for electric car batteries in order to bolster its economy. Zimbabwe is the sixth-largest producer and supplier of lithium in the world, and it possesses the largest lithium reserves in Africa.
The Zimbabwean dollar took a nosedive and was trading at more than 6000 against the dollar on Monday, up from about 2600 on the black market, showing that efforts by the central bank of Zimbabwe to arrest the sharp depreciation of the country’s currency are failing.
President Emmerson Mnangagwa said that the economy of Zimbabwe was improving as the country celebrated its independence on Tuesday. Although Zimbabwe’s poverty levels are declining, according to a World Bank report published this month, they are still very high.
The United Nations Food and Agriculture Organization has praised Zimbabwe’s initiatives to switch to climate-resistant grains like millet to improve food security. In Zimbabwe, an FAO team is promoting the grains and celebrating the International Year of Millets
Zimbabwe plans to build “Zim Cyber City,” a modern capital that will likely cost up to $60 billion in raised funds and feature brand-new government structures and a presidential palace.
More than 100 people have been killed this year alone as a result of illegal mining in Zimbabwe, according to the country’s authorities, more than twice more than double that of died in 2020. The government has started a safety campaign to target illegal miners
A growing population is taxing the water supplày in Zimbabwe’s capital region . An ageing infrastructure that is vulnerable to contamination and political squabbling that blocks improvements further constrain this supply.It often falls on women to find clean water
At a cost of nearly $200 million, the Chinese government has completed building Zimbabwe’s new parliament building outside the country’s capital, Harare. However, detractors claim there are worries about security and China’s expanding influence. It replaces a colonial-era building
Teachers’ unions in Zimbabwe have joined the country’s health workers in a strike to demand that they be paid in US dollars rather than the local currency, which has drastically declined in value. The majority of government employees in Zimbabwe now make only $55 equivalent per month, or one-tenth of what they did previously
Villagers in Zimbabwe claim they’ve been told they’ll have to abandon their homes to make room for a plant by a Chinese mining company. The corporation denies plans to forcefully relocate the people, but a lack of openness has many concerned that they may be evicted from their ancestral property.
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