Zimbabwe’s largest corporate, Zimbabwe Platinum (Zimplats), has defied the poor global metal prices that have shocked the company’s profitability, primarily due to a decline in PGMs global metal pric

he Zimbabwe Energy Regulatory Authority (ZERA) has announced an increase in fuel prices for November, impacting both petrol and diesel. Petrol prices have risen from US$1.49 per litre in October to U

Zimbabwe's October gold deliveries surged 22% from September and 12% above October 2023, reaching 4,168 kgs. Small-scale miners produced 3,143 kgs, up from 2,404 kgs in September, while large-scale m

Caledonia Mining Corporation, a leading gold producer, has reported a third-quarter gold production of 18,992 ounces from 21,772 ounces produced in the comparable quarter due to lower grade and reduce

Caledonia Mining Corporation, the second-largest gold producer reported quarterly revenue of US$46.9 million, bringing its year-to-date revenue for the first nine months of 2024 to US$135.5 million.

The global platinum supply experienced a 7% year-over-year (YoY) increase to 1,479 koz in Q3 2024, primarily driven by augmented stock releases in South Africa. This uptick in supply was a welcome dev

Zambia's annual inflation rate has soared for the 17th consecutive month, reaching 16.5% in November 2024, up from 15.7% in October. This escalation marks the highest inflation rate since November 20

Zimbabwe's gold sector is struggling to reach its full potential, with the country experiencing a loss of US$270 million in gold earnings year-to-date (January to October). This significant shortfall

Zimbabwe Energy Regulatory Authority (ZERA)has increased the diesel prices for the month of December, from November in US dollar terms. Diesel prices added with 1% to   $1.54 per litre from $1.52.

Zimbabwe's trade deficit narrowed by 66% to US$46.9 million in November 2024 from m US$698.1 million in October , attributed  to better exports of gold and tobacco according to the latest Zimstat data

The Zimbabwe Energy Regulatory Authority (ZERA) has announced an increase in fuel prices for January 2025. Diesel prices have risen slightly from US$1.53 per litre to US$1.54, while petrol prices hav

The International Monetary Fund (IMF) has revised its global economic growth forecast upward to 3.3% for 2025, driven primarily by an upward revision in the US economy, which offset downgrades in othe

The United States President, Donald Trump, has withdrawn the United States from the Paris Agreement, citing national interests. Under the international climate accord, first negotiated in 2015, countr

The Ministry of Finance, Economic Development, and Investment Promotion has reiterated its call for Liquefied Petroleum Gas (LPG) operators to lower prices following the removal of Value Added Tax (VA

In 2024, Zimbabwe not only achieved but exceeded its gold production target, reaching an impressive 36.48 tonnes, surpassing the initial goal of 35 tonnes. This milestone marks a historic high for the

The platinum group metals (PGM) sector continues to face significant headwinds, with declining prices and operational challenges weighing heavily on producers. Anglo American Platinum, the world’s lea

imbabwe Energy Regulatory Authority (ZERA) has increased  fuel prices for the month of February, from January in US dollar terms effective 5 February 2025. Petrol prices increased by 3% to  $1.53 per

Zimbabwe's foreign currency inflows surged to a record high of US$13.3 billion in FY2024, representing a 21% year-over-year (YoY) growth from US$11 billion in FY2023. The robust performance was prima

Gold prices reached a new record high of 2,917.90 per ounce on the 10th of February 2025, driven by the U.S. President’s trade war, which is targeting both allies and adversaries. This surge followed

Gold deliveries in January 2025 saw a significant uptick, rising by 29.2% to 3.1 tonnes compared to 2.4 tonnes in the same period last year, according to the latest data from Fidelity. However, this i