Gold prices retreated to $3,310 per ounce on Wednesday 23rd of April, falling from a record high of $3,500 in the previous session, as optimism over easing U.S.-China trade tensions, a strengthening

Padenga Holdings Limited,  Zimbabwe’s second largest gold producer  has allocated a US$30 million investment plan for 2025 to ramp up gold production and streamline operations according to the latest

Government has repealed Statutory Instrument 81A of 2024, which penalised businesses for charging goods and services above the official exchange rate set by the Reserve Bank of Zimbabwe (RBZ). This p

Zimbabwe’s mining sector has achieved a 16% increase in mineral export volumes in the first quarter of 2025 reaching 1 million metric tonnes compared to 883,301 tonnes in Q1 2024, according to the Min

he Southern African Development Community (SADC) is grappling with a severe energy crisis that threatens its economic stability and growth prospects. Frequent power outages across the region result in

NMB Bank Zimbabwe has leveraged foreign lines of credit to fuel its growth in 2024, a critical strategy in a nation where Western sanctions limit traditional financing. The bank raised over USD 65 mil

Gold remained a key asset for central banks in February 2025, with a reported 24 tonnes of net purchases marking another month of robust activity in the global gold market. Leading the charge was the

Zimbabwe’s fuel prices in April 2025, set at $1.53 per litre for petrol and $1.52 per litre for diesel in USD by the Zimbabwe Energy Regulatory Authority (ZERA), eased from March’s $1.54 and $1.55. Y

On the third of April 2025, the United States, led by a re-energised Donald Trump, dropped a trade bombshell on Zimbabwe, an 18% “reciprocal tariff” slapped on its goods, part of a broader strategy t

Zimbabwe’s listed companies are grappling with a wave of delays in releasing their audited financial statements for the year ended 31 December 2024, as First Capital Bank Limited, African Sun Limited,

CBZ Holdings, a diversified blue-chip company listed on the Zimbabwe Stock Exchange, has reported a 14% increase in net interest income, reaching ZWG1.39 billion for the full year ended 31 December 20

ZB Bank Limited, the flagship of ZB Financial Holdings (ZBFH), saw income from lending activities net of recoveries climb 27% to ZWG370 million in 2024 from ZWG292 million in 2023, despite sluggish lo