Companies
WestProp Wraps Glass and Aluminium, Brick Plants: Key Developments on Track for 2025 Completion
est Properties (West Prop), a leading real estate development company specialising in residential estates, commercial properties, and innovative construction solutions, has commissioned its state-of-t
15 hours ago
Companies
Caledonia’s Q1 Net Profit Surges by 500%, Taxes to Government Triples to 12 Million
aledonia Mining Corporation, Zimbabwe’s third-largest gold producer, has delivered a remarkable financial performance in the first quarter of 2025, with net profit soaring by 493% to US$8.9 million fr
18 hours ago
World
USA Proposes to Cut $555 Million to the African Development Fund: Implications for AfDB, Africa’s Development
The Trump administration has proposed to eliminate $555 million in funding for the African Development Fund (ADF), the concessional financing arm of the African Development Bank (AfDB), marks a signif
May 07, 2025
World
Gold Quarterly Snap: China Leads Demand, Jewellery Consumption Hits 35 Billion in Just 3 Months
Global gold demand soared to a record 1,206 tonnes in the first quarter of 2025, the highest Q1 figure since 2016, driven by a 1% year-on-year increase that included over-the-counter (OTC) investment.
May 07, 2025
Zimbabwe
Zimbabwe's Inflation Soars in April, Both M-o-M, Year-on-Year: A Comparative Analysis with SADC Neighbours
Zimbabwe’s 2025 April inflation increased both in USD and ZiG terms, with ZiG annual inflation skyrocketing according to the lates data from Zimstat. The Zimbabwe Gold (ZiG) launched in April 2024, r
Apr 25, 2025
World
Zimbabwe Courts Western Creditors for $2.6 Billion Bridge Financing, But Policy Gaps Stall Progress
Zimbabwe is pursuing $2.6 billion in bridge financing to clear $6.7 billion in arrears, a critical component of its $21 billion public debt, equivalent to 96.6% of its 2023 GDP (World Bank, 2024). Fi
Apr 25, 2025
Zimbabwe
RBZ Repeal Penalties on Pricing Above Official Rate Under SI 34 of 2025: Analysing ZiG and Exchange Rate Policy Shift
Government has repealed Statutory Instrument 81A of 2024, which penalised businesses for charging goods and services above the official exchange rate set by the Reserve Bank of Zimbabwe (RBZ). This p
Apr 17, 2025
Zimbabwe
VFEX Achieves Record Turnover in Q1 2025, Driven by Local Investor Confidence
The Victoria Falls Stock Exchange (VFEX) posted a remarkable Q1 2025, driven by local investors who powered a record-breaking turnover of $58.5 million and a historic daily high of $40.1 million on Fe
Apr 15, 2025
Top Stories
WestProp Wraps Glass and Aluminium, Brick Plants: Key Developments on Track for 2025 Completion
est Properties (West Prop), a leading real estate development company specialising in residential estates, commercial properties, and innovative construction solutions, has commissioned its state-of-t
15 hours agoUSA Proposes to Cut $555 Million to the African Development Fund: Implications for AfDB, Africa’s Development
The Trump administration has proposed to eliminate $555 million in funding for the African Development Fund (ADF), the concessional financing arm of the African Development Bank (AfDB), marks a signif
May 07, 2025Gold Quarterly Snap: China Leads Demand, Jewellery Consumption Hits 35 Billion in Just 3 Months
Global gold demand soared to a record 1,206 tonnes in the first quarter of 2025, the highest Q1 figure since 2016, driven by a 1% year-on-year increase that included over-the-counter (OTC) investment.
May 07, 2025