Search results for 'gold'
Companies
Grade Recovery Drives Caledonia’s Q2 Gold Output Higher: H2 Must Deliver 38% More to Hit FY Target
Caledonia Mining Corporation has produced 17,360 ounces of gold at Blanket Mine during the second quarter ended 30 June 2026, an 18% improvement on the 14,767 ounces produced in Q1 2026, with the comp
Jul 20, 2026
Zimbabwe
Zimbabwe’s Gold Windfall Narrows as Fidelity Price Falls 25% From January Peak
Zimbabwe’s official Fire Assay cash buying price decreased 25.3% to US$3,764.15 per ounce on 21 July 2026 from a 2026 peak of US$5,041.57 per ounce on 29 January, reducing the revenue generated from e
Jul 21, 2026
Zimbabwe
ZiG, USD Inflation Converge: ZiG Drops Sharpest Fall of 2026, Validates RBZ’s Mid-Year Turning Point
imbabwe Gold’s (ZiG) annual inflation has fell to 3.2% in July 2026 from 4.7% in June, a drop of 1.5 percentage points that reverses three months of gradual increase and marks the sharpest single-mont
Jul 27, 2026
Zimbabwe
Zimbabwe Posts Strongest Export Month on Record: Export Concentration Reaches 87%
Zimbabwe has recorded its highest monthly export value on record at least six years in June 2026, with merchandise exports rising 63.1% from May to US$1.442 billion. Imports increased 11.5% to a reco
Aug 05, 2026
Zimbabwe
Gold Exports Reach Historic High: Biggest Monthly Windfall in History Tests Sustainability of the Boom
Zimbabwe has exported US$583.4 million of semi manufactured gold in June 2026, the highest monthly value recorded in Zimbabwe’s trade history, latest data from Zimstat shows. The figure exceeded the p
Aug 06, 2026
Zimbabwe
Weekly Currency Update:ZiG Holds the Line as Foreign Currency Inflows Carry the Load
The RBZ mid-rate closed the review period at ZiG26.5673/USD on 14 August 2026, appreciating marginally from ZiG26.59/USD on 13 August and by approximately 0.20% from ZiG26.62/USD a week earlier. Again
Aug 15, 2026
World
Gold Market Deepens to US$373bn Daily Liquidity: Harare Flirts with Another Record Year
Gold's position inside investment portfolios is increasingly difficult to reconcile with the way commodity indices still treat it. 20 years of returns, US$373 billion in daily liquidity and a dispropo
Aug 16, 2026
Companies
Star Africa Price Cuts Lift Sugar Volumes 38%, Refinery Capacity Reopens Growth Path
Star Africa Corporation, Zimbabwe’s sugar producer and refiner has taken a decision to reduce sugar prices, producing the strongest evidence yet that the company can recover earnings through higher re
Aug 17, 2026
Zimbabwe
Weekly Currency Update: ZiG Enters September Stable as Tight Money, FX Buffers Contain Pressure
The Zimbabwe Gold opened on 31 August 2026, the last day of the month at ZiG26.6640 per US dollar, giving back part of the appreciation recorded during the previous week after closing Friday at ZiG26.
Aug 31, 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
