The multi-year deal between Botswana and De Beers will significantly increase the supply of precious stones to the country. As other African nations, such as Zimbabwe, explore their diamond resources,

On the RBZ-governed Auction Market, the Zimbabwean dollar experienced a negative performance, marked by a 0.4% depreciation on August 8th, taking it to two straight sessions of depreciation. The curre

In the realm of platinum group metals (PGMs), Zimplats Holding Limited, a distinguished industry frontrunner has reaped benefits involving the commissioning of the third concentrator during the first

As the elections period draws closer, the Zimbabwe dollar has encountered its third consecutive session of losses against the US dollar. On the latest wholesale RBZ-governed auction market, the curre

Willdale Limited, a brick maker in Zimbabwe, has reported robust revenue growth of 83% to ZWL 20 billion during the nine months leading up to June 2023, despite the challenges posed by exchange rate d

Zimbabwe experienced negative month-on-month inflation for the second consecutive month in August, although there was an increase of 9.1 percentage points. According to the latest data from the count

In its ongoing efforts to bolster liquidity, facilitate price discovery, and align with international best practices, the Zimbabwe Stock Exchange Limited (ZSE) has announced operational changes effect

With a deep understanding of the cement industry and a proven leadership skillset, Mr. Cardarelli is well-positioned to steer PPC towards sustainable profitability. His appointment follows a comprehen

Zimplats Holdings Limited, a key player in the platinum group metals (PGMs) industry, has witnessed a notable 7% increase in mined volumes, despite experiencing a decline in profitability caused by vo

The South African rand has undergone a substantial decline, breaking the 19 mark and reaching its lowest level in almost three months, at US$19.2. This decline in the South African rand occurs concurr

The Zimbabwe dollar experienced a depreciation today, marking the second consecutive week of decline against the US dollar. This follows the contentious election, which has heightened concerns about i

This presents a unique opportunity for countries like Zimbabwe, which has seen a slight increase in platinum supply amid challenges faced by other major producers. Zimbabwe exports nickel mattes large

Star Africa Corporation, a sugar producer listed on the Zimbabwe Stock Exchange (ZSE), has reported a loss after tax of ZWL2 billion for the full year ended 31 March 31 2023. This represents a signifi

Nampak Zimbabwe, a leading manufacturer of plastic packaging products, is aiming to increase its capacity with the acquisition of an eight-colour printer for self-opening paper bags from Bullpak. This

During the second week of the highly contested elections in Zimbabwe, the Zimbabwe dollar experienced a depreciation of 1% on the willing buyer willing seller interbank market. Although this depreciat

As a businessman invested in milk production, let's envision you as the owner of a company similar to Dairibord Zimbabwe Limited, the largest milk processor in the country. In this scenario, your most

The Zimbabwe dollar weakened on the latest RBZ-governed liberalised auction market system, falling to ZWL4712.1675 from ZWL4647.9681 last week, representing a 1% decline. This marks the third consecut

Tongaat Hulett’s Botswana, Mozambique and Zimbabwe sugar operations are not financially distressed and therefore continue trading in the ordinary course. These three businesses are funded independentl

In the latest report from the World Platinum Investment Council, Zimbabwe's platinum output for Q2 2023 experienced a significant 2% increase (+2 koz) compared to the same period last year, reaching 1

The European Union has discontinued its financial assistance of US$5 million to the Zimbabwe Electoral Commission (ZEC), the electoral body of the country, in the aftermath of the contested 2023 gener