Search results for 'gold'
Companies
Caledonia’s Q1 Profit Surges 69% to US$19Mn, Gold Price Masks Blanket Grade Pressure
Caledonia Mining Corporation has reported a 69.4% surge in profit after tax to US$18.91 million for the first quarter of 2026, its strongest quarterly earnings performance driven almost entirely by a
May 11, 2026
Zimbabwe
Zimbabwe Holds Africa’s Highest Gold Reserve Shares as RBZ Builds ZiG Confidence Case
Harare- Zimbabwe held 4.48 tonnes of gold reserves as of 11 May 2026, according to data published by the Reserve Bank of Zimbabwe drawing on International Monetary Fund International Financial Statist
May 12, 2026
Zimbabwe
Gold Sector Rebounds in April: ASM Weakness, a Botched Policy Call Cast Shadow Over 50-Tonne Target
Zimbabwe’s gold sector delivered 3,324.6 kilograms in April 2026, a 16.5% recovery from the 2,854.0 kilograms recorded in March, driven by a sharp rebound in artisanal and small-scale mining output th
May 21, 2026
Companies
Price Discovery Flight: TSL to Spend $66K to Delist from ZSE Over Undervaluation
TSL Limited, the diversified agriculture, logistics, and property group incorporated in Zimbabwe since 1957, has issued an Abridged Circular to shareholders seeking approval for the voluntary termina
Jun 01, 2026
Zimbabwe
Gold Revenue Slide: Why Zim’s Main Forex Earner Hit a 13-Month Low and What It Means for the Economy
Zimbabwe's gold export revenue recorded its fourth consecutive monthly decline in April 2026, falling to USD 394.2 million from USD 427.1 million in March, USD 461.4 million in February, USD 493.0 mil
Jun 05, 2026
Zimbabwe
What to Read From Latest Gold Data: Deliveries Hit 2026 High as Zimbabwe’s 50-Tonne Target Faces Second-Half Test
Gold deliveries to Fidelity Gold Refinery have reached 3,951 kilograms in May 2026, the highest monthly figure recorded in Zimbabwe so far this year and an 18.8% advance from April's 3,325 kilograms.
Jun 16, 2026
World
Zimbabwe Still Outpaces Sub-Saharan Africa’s Average Despite World Bank Growth Downgrade
The World Bank's June 2026 Global Economic Prospects report has placed Zimbabwe's 2026 GDP growth at 4.6%, a downward revision from the 5% projected in its January 2026 edition, with a further easing
Jun 16, 2026
Companies
Operational Reactivation: RioZim’s Q1 Gold Output Eclipses Entire 2025 Production
Resuscitating mining giant, RioZim Limited has produced 92 kilograms of gold in the first quarter of 2026 from Renco Mine, an exponential increase from the 6 kilograms produced in the same quarter of
Jun 24, 2026
Zimbabwe
What May’s Trade Numbers Reveal: Gold Dominance Grows as Import Demand Widens the Deficit
Zimbabwe's goods trade balance for May 2026 was a deficit of USD 193.7 million, a 14% increase from April 2026's USD 169.9 million. Exports grew 11.6% month-on-month from USD 792.3 million to USD 884
Jul 01, 2026
Zimbabwe
Zimbabwe’s Trade Analysis: What It Means for Economy, Policymakers, Investors As Gold Retreats
Zimbabwe's goods exports reached USD 884 million in May 2026, the second highest monthly export figure on record and an 11.6% increase from April 2026's USD 792.3 million, driven by semi-manufactured
Jul 01, 2026
Companies
Star Africa Swings Back to Profit Despite Lower Turnover, Targets Stronger FY2027 Recovery
Star Africa Corporation Limited, Zimbabwe’s sugar producer and distributor’s turnover declined 9% to $58.1 million from $63.9 million in the prior year primarily driven by strategic price reductions
Jul 02, 2026
Top Stories
FBC Generates ZWG214 Million in Q3 Profit Before Tax, Retains Just ZWG10 Million as Tax Pressure Deepens
FBC Holdings has generated approximately ZWG214.5 million in profit before tax during the third quarter of 2026, but retained only ZWG9.8 million in profit after tax, according to Equity Axis calculat
3 hours agoBAT Loses 38 Million Cigarette Sales, 53% Profit Margin Conceals a Shrinking Revenue Base
British American Tobacco Zimbabwe has lost 38 million cigarette sales in the first nine months of 2026 as weaker consumer purchasing power continues eroding demand for its higher priced brands, exposi
4 hours agoAnother US$1 Billion Revenue Year Looms for Delta as Half Year Sales Rival its Strongest Pre-2019 Annual Performances
Delta Corporation is heading towards another US$1 billion revenue year after generating US$607.5 million during the six months ended 30 September 2026, an 18% increase from the corresponding period.
4 hours agoClinker Imports Surge 90% to US$48 Million as Dinson's US$15 Million Cement Plant Nears Commissioning
Zimbabwe's clinker imports surged 89.7% to US$48.24 million during the first eight months of 2026, exceeding the US$40.78 million spent throughout 2025, as the country prepares to commission another c
5 hours agoZimbabwe Clarifies Economic Mandates for Mthuli Ncube and Tagwirei Through New Statutory Instruments
The new economic development portfolio can be assessed through concrete administrative indicators. Competition case processing times, the publication of merger decisions and the consistency of regulat
14 hours agoTreasury Owes Road Contractors US$188 Million as New US$2 Million Contract Approval Rule Takes Effect
Treasury has also warned creditors against engaging third-party debt recovery consultants whose commissions it does not recognise. The directive places greater importance on formal verification and pa
15 hours agoBuilt with Billions, Left Uninsured: Africa's Unprotected Public Infrastructure Exposes Taxpayers to Mounting Disaster Liabilities
Zimbabwe's government is moving towards compulsory insurance for public assets after its insurance regulator established that most government buildings, schools and hospitals remain without adequate p
1 day agoCBZ Loans and Deposits Surge Over 50%: Profit Barely Moves as Nonfunded Income Dominates Earnings
CBZ Holdings, has recorded substantial balance sheet expansion during the first nine months of 2026, with loans and deposits increasing by more than 53%, although profit after tax advanced just 0.9% t
1 day ago
