Search results for 'gold'
Zimbabwe
Can Zimbabwe's Gold Output Hit 50 Tonnes and Export Earnings Top US$6 Billion After September's Sharp Decline?
Zimbabwe remains within reach of its 50-tonne gold target despite a 7.9% decline in September deliveries, with the industry's stronger production run-rate and elevated export earnings providing a foun
Oct 29, 2026
Zimbabwe
Pension Arrears Reach US$182 Million, Employer Defaults Erode Retirement Savings
Zimbabwe's occupational pension funds were owed US$181.78 million in outstanding contributions at the end of June 2026, an increase of US$55.52 million in six months that has exposed persistent weakne
Nov 06, 2026
Companies
Afdis Pays $1.8M to ZIMRA Under 'Pay Now, Argue Later' Principle Amid Wider $97M Delta Dispute
African Distillers Limited (Afdis) has completed payment of approximately US$1.8 million in disputed income tax assessments issued by the Zimbabwe Revenue Authority (ZIMRA), while continuing legal and
Nov 06, 2026
Zimbabwe
Zimbabwe's Gold Mining Policy Forces Early Redwing Restart Ahead of Feasibility Study
Zimbabwe's new limits on foreign participation in small-scale gold mining have pushed Nasdaq-listed Namib Minerals to accelerate the reopening of Redwing Mine in Penhalonga, Manicaland, before comple
Nov 07, 2026
Companies
Ariana Resources Targets US$5 Million VFEX Raise Ahead of US$164 Million Dokwe Mine Build
Ariana Resources is seeking up to US$5 million from Zimbabwean investors through the Victoria Falls Stock Exchange to finance additional exploration at its Dokwe Gold Project, as the company advances
Nov 09, 2026
Zimbabwe
Over Half of Zimbabwe's Commercial Banks Back Caledonia's US$150 Million Bilboes Financing
Seven of Zimbabwe's 13 commercial banks have joined a US$150 million financing arrangement for Caledonia Mining Corporation's Bilboes gold project, placing approximately 54% of the country's commerci
Nov 10, 2026
Zimbabwe
50 Tonne Gold Target 83% Complete after Over 9 Year Monthly Record: Who Controls Industry's Future?
Zimbabwe's gold industry has delivered its strongest monthly performance in at least nine years in October 2026, pushing annual deliveries towards a historic 50 tonne milestone and reinforcing the min
1 day ago
Companies
Caledonia's Gold Price Jumps 20%, Shareholder Profits Collapse 81%: Who Captured the Upside?
Caledonia Mining Corporation's shareholders experienced an 81% decline in attributable profits during the third quarter of 2026, despite the company benefiting from a 20% increase in realised gold pri
1 day ago
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
2 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
3 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.
3 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
4 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
14 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
