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

Caledonia Mining Corporation has reported promising high-grade results from its ongoing resource expansion drill programme at its owned Blanket Mine. This will improve gold production at Blanket, whi

The Zimbabwe Gold (ZiG) has appreciated for the first time since May 21, rising from 26.9965 to 26.9543 against the U.S. dollar on the formal market today, marking its first gain in June following the

The ZiG maintained relative stability in the willing buyer-willing seller auction market. On June 20, 2025, it depreciated slightly to 26.9918 from 26.9768 the previous week, before recovering margina

Zimbabwe’s tobacco industry has achieved a historic milestone in 2025, surpassing 300 million kilograms of production, generating over US$1 billion in revenue by June 19, 2025 according to TIMB.  Thi

The World Bank’s latest Global Economic Prospects report has painted a sobering picture of the global economy, projecting global growth to decelerate to 2.3% in 2025, the slowest pace since the 2008 f

The Zimbabwe Gold (ZiG), has sustained marginal erosion as it struggles to find course. Week on week,  the ZiG closed at 26.9768 per USD on the 1th of June 2025, a marginal decline from 26.9401 the pr

Gold prices ended May 2025 nearly unchanged, dipping just 0.7% to US$3,278 per ounce. Despite this flat finish, prices bounced around during the month due to mixed economic signals. Gold has had a st

Zimbabwe’s year-to-date gold deliveries have risen to 15.8 tonnes, the highest on record according to the latest data from Fidelity Gold Refinery (FGR). This was despite May deliveries decreasing by

RioZim, once Zimbabwe’s preeminent gold producer, has faced a precipitous decline, with 2024 financial losses escalating to ZWG 628.5 million, a sixfold increase from ZWG 107.7 million in 2023. Gold

Zimbabwe has faced persistent challenges with its currency, from hyperinflation to repeated monetary reforms. The introduction of the Zimbabwe Gold (ZiG) currency represents the latest attempt to stab

Nampak Zimbabwe, the country’s largest packaging firm, reported a challenging first half of 2025, with revenue declining by 17% to US$38 million from US$45.78 million in the prior year, as detailed in

While global diamond prices are crashing from US$3,400 in 2020 to a mere $900 in 2024, a 74% decline, Zimbabwe’s diamond industry shows respite, defying global trends. Though made of the hardest mate

Zimbabwe’s gold exports achieved a remarkable milestone in April 2025, surpassing the $300 million mark in a single month. This record-breaking performance was propelled by a surge in production and e

Zimbabwe's annual inflation rate in local currency (ZiG) skyrocketed to 92.1%, driven by food and beverage prices, while the US dollar (USD) saw a month-on-month decline of 0.3%. The repeal of Statut

Zimbabwe’s banking sector has demonstrated resilience and adaptability in the first quarter of 2025, overcoming a complex economic environment shaped by the ZiG currency’s introduction, inflationary p

Zimbabwe has achieved a historic milestone in its energy sector, recording its highest electricity generation output to date at 1,619 MW, according to the latest data from the Zimbabwe Power Company (

The Zimbabwe Gold (ZiG) appreciated for the first time on May 21, 2025, strengthening to 26.8853 from 26.9786 per dollar the previous day, breaking a chain of loss-making streaks since April 25, when

First Capital Bank, Zimbabwe’s renowned financial services outfit, has achieved a remarkable feat in the first quarter of 2025, with non-performing loans (NPLs) plummeting from 7% in Q1 2024 to 3.66%

Botswana, often celebrated as a model of economic stability and prudent governance in Africa, is confronting a severe economic crisis precipitated by a sharp decline in global diamond prices. The Af