he local currency has experienced a 47% depreciation against the US dollar since its introduction, as reported by the Reserve Bank of Zimbabwe (RBZ). The Zimbabwe Gold (ZiG) is now trading at a rate o

Global gold demand reached unprecedented levels in 2024, with total demand (including over-the-counter investment) rising by 1% year-on-year in the fourth quarter to achieve a new quarterly high.  Thi

Meikles Limited showcased a notable recovery in its third quarter ended 30 November 2024, reversing the underperformance seen in the first half of FY2025. This turnaround was driven primarily by impr

TSL Limited, a diversified Zimbabwe Stock Exchange-listed company, experienced a sharp 55% decline in profit after tax from continuing operations, falling to US$3.62 million for the fiscal year ended

The surge in global copper prices, while often interpreted as a positive indicator for mining-heavy economies, presents a significant cost burden for manufacturers like CAFCA, which rely heavily on co

Gold breached the critical $3 000 per ounce resistance level on 14 March 2025 as investors flocked to the safe - haven asset amid escalating trade hostilities and geopolitical volatility.  Spot price

he central banking authority, Reserve Bank of Zimbabwe has held interest rate firm at 35% as it continues its gamble to fight inflation head-on. In its latest Monetary Policy Statement (MPS) followin

OK Zimbabwe Limited, the country’s largest retail operator by store count, is seeking to raise up to US$30 million to stabilize its finances amid a brutal operating environment that has pushed it to c

The Zimbabwe Gold (ZiG) has entered a volatile phase on the parallel market, shelving the stability the currency enjoyed from the first quarter into April. On the formal market, the ZiG maintained its

As we entered 2025, expectations for the US economy soared to their highest levels in over two years, fuelled by widespread belief that strong growth and significant asset-price increases would persi

Axia Corporation Limited's Distribution Group Africa (DGA) segment has sustained a sluggish performance in the third quarter of FY2025, ended March 31, 2025, compared to the same period last year, whi

Less than two years after its ambitious acquisition of Food Lover’s Market franchises, OK Zimbabwe Limited, the country’s largest retailer by store count with over 70 branches, is set to close its pre

Zimplow Holdings, Zimbabwe’s leading manufacturer and distributor of agricultural and industrial equipment, has shown early signs of resilience in its flagship Mealie-Brand unit, which is recovering f

People’s Own Savings Bank (POSB), Zimbabwe’s state-owned financial institution, has ventured into real estate as part of a hedging strategy against the country’s volatile economy, according to its lat

The Zimbabwe Gold (ZiG) has reached an exchange rate of 26.7724 today, continuing a period of relative calm that began in early June 2025. This stability in both the official and parallel markets is

TSL Limited, a Zimbabwean conglomerate with interests in logistics, agrochemicals, and packaging, has terminated its US$25 million bid for a 51.43% stake in Nampak Zimbabwe, the country’s leading pack