OK Zimbabwe has sold shareholders on a US$10.5 million property-disposal plan following a pivotal vote at an Extraordinary General Meeting (EGM), marking the country’s largest grocery retailer’s lates
Jul 22, 2025
Gold has continued its record-setting pace, rising 26% in US dollar terms in the first half of 2025, and reaching double-digit returns across currencies. A combination of a weaker US dollar, rangeboun
Jul 23, 2025
Gold experienced a robust rally at the end of August, reaching US$3,429 per ounce, a 4% increase for the month, bringing its year-to-date gain to an impressive 31%. Despite a weaker US dollar, gold a
Sep 04, 2025
Gold prices have seen an escalation of its already historic bull run, surging past the $5,500 per ounce level on January 29, 2026, and reaching $5,550 in spot trading. This marks a fresh all-time high
Jan 29, 2026
The Pfuma Fund Real Estate Investment Trust (REIT) has achieved full subscription of its US$25 million private placement, a result that comes at a time when foreign direct investment into Zimbabwe rem
The Pfuma Fund Real Estate Investment Trust (REIT) has delayed its listing on the Victoria Falls Stock Exchange (VFEX), pushing the expected debut from 4 February to 13 February 2026, as fund manager
Feb 05, 2026
For nearly eight decades, the American dollar has reigned as the undisputed monarch of global finance, a currency so entrenched that it seems woven into the fabric of international commerce. Born from
Feb 19, 2026
Gold prices have continued their relentless climb, reaching US$5,222 per ounce by late February 2026, marking a 5% gain for the month and a remarkable 20% year-to-date increase, according to W
1 day ago
BAT Zambia, the country's only listed tobacco manufacturer and the dominant player in Zambia's formal cigarette market, has reported a year in which profit grew but the business shrank, a paradox that
When Invictus Energy, an Australian-listed junior explorer, first announced it had struck a discovery of gas-condensate and light oil in the Cabora Bassa Basin of Zimbabwe, it felt like the birth of a
First Quantum Minerals, one of the world’s leading copper producers and Zambia’s single largest taxpayer in the mining sector has entered into a binding agreement to sell its Çayeli copper-zinc mine i
The Competition and Tariff Commission (CTC) has greenlit the acquisition of Dendairy (Private) Limited by Vamara Group Limited, a subsidiary of the Mauritius-registered Export Trading Group (ETG), in
CEC Renewables Limited, a wholly owned subsidiary of CEC PLC and a pivotal player in Zambia's burgeoning green energy sector, has reported a robust 63% surge in profit after tax for the year ended Dec
Long-term capital formation remains the decisive variable. Large-scale mining requires stable exchange rate policy, predictable foreign currency retention thresholds and enforceable contract framework
