Tawanda Karombo is an Africa ICT/telecom Correspondent, focusing on national news in South Africa. His work has been featured in various publications such as Business Report, Global Finance Magazine, Quartz, ITWeb, and News24 Business. Tawanda covers a wide range of topics including business, finance, technology, and market trends in the African telecommunications and ICT sectors.
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Tawanda Karombo's coverage heavily revolves around finance, business and industry within South Africa. His focus on citing data and government announcements suggests that he is likely to respond well to pitches offering in-depth analysis backed by solid data or exclusive insights into financial trends, stock market movements, and economic developments specifically related to South Africa.
Given the prominence of topics like mining, stocks, earnings as well as the heavy reliance on press releases for his articles' sources, Tawanda may also be interested in receiving information regarding corporate announcements from major companies operating within South Africa or any significant changes in the financial sector specific to the region.
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By: Tawanda Karombo
“Many other miners in our view have underspend on capital and development over last 10 years and they have to play catch up now. Its not the case with Pan African as we have invested a lot in our portfolio and we are poised to start reaping those benefits in the years ahead,” explained Loots.
In South Africa, where BAT operates, the firm has recently faced significant challenges linked to the rise in illicit trade. The company revealed that its direct retail product distribution and delivery operations have been scaled down, leading to concerns over local employment.
By: Tawanda Karombo
BHP, in addition to demands for settlement in Brazil, is facing litigation over the collapse of the dam in London, which is complicating its attempts to finalise these agreements.
By: Tawanda Karombo
The company is strategically positioning itself to leverage robust market conditions, as gold prices have surged to their highest levels in recent years.
By: Tawanda Karombo
However, the diamond producer sought to respond to weaker market conditions through deferment of the sale of the majority of its South African produce. This was in support of steps taken by other major producers to manage supply.
By: Tawanda Karombo
“So for me, as sort of the primary and why manufacturing is important, it is for us a creator of jobs, of income, of exports and taxes. Manufacturing could be for us as South Africa a bedrock of long-term economic development,” said Viljoen.
By: Karombo
Kumba Iron Ore has reported a commendable increase in production and sales volumes in the third quarter of 2024, even as the company grapples with
By: Karombo
Yesterday, Southern Palladium said pre-feasibility studies for Bengwenyama “indicate very attractive economics justifying development” of the project.
By: Tawanda Karombo
The transaction enables Gold Fields to consolidate its interests in Windfall to a 100% ownership. It will also have control of the extensive surrounding exploration district in Québec, Canada. Gold Fields paid about $1. 39bn, net of cash received as settlement for the transaction.
By: Tawanda Karombo
Zimbabwean companies, including big miners and manufacturers as well as large scale agricultural firms, are enduring power outages of up to 18 hours a day. A similar situation is also happening in neighbouring Zambia, which also relies on Kariba Dam for most of its power generation.
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