Zimbabwe's 2026 budget proposes lifting gold royalties from 5% to 10% above US$2,500/oz and altering capex tax relief, which may weigh on Blanket Mine.
Zimbabwe will introduce a new royalty structure for gold miners as the mineral-rich southern African nation seeks to cash in on a surge in the price of the metal.
Zimbabwe expects to build a sufficient foreign-exchange buffer to enable it to transition to a single currency and phase out the use of US dollars in everyday transactions within the next three years, the deputy central bank governor said.
Kane Williamson has been selected in New Zealand's 14-man squad for a three-test series against the West Indies next month after missing the Black Caps' last test series in Zimbabwe and most of their white ball matches so far this season.