World

World

ZiG Deflation Hits -0.1% in March as USD Inflation Holds Steady at 15%: Contrasts Southern Africa’s Varied Trends

Inflation dynamics in Southern Africa as of March 2025 reveal a region of contrasts, with Zimbabwe’s dual-currency system standing out as a focal point of economic complexity. Zimbabwe’s ZiG month-on

Mar 28, 2025
World
Gold Breaches Psychological Threshold: What's Next After $3,000?

Gold has breached the $3,000 per ounce barrier last week, marking a significant milestone in the precious metal's upward trajectory. Since crossing the threshold on March 14, gold has consistently tra

 Mar 26, 2025
World
No Winners in Trade Wars: Global Economic Growth Downgraded

The global economy stands at a crossroads, with trade tensions casting a long shadow over its prospects. The Organisation for Economic Co-operation and Development (OECD) released its latest economic

 Mar 25, 2025
World
Trump Sends South African Ambassador Packing, as Rwanda Severs Ties with Belgium

In an expected escalation of diplomatic hostilities, 45th  President of USA Donald Trump, now back in the White House as the 47th, has ordered the expulsion of South Africa’s ambassador to the United

 Mar 18, 2025
World
Zimbabwe Tops SADC in Fuel Prices , Fourth in Africa

Fuel prices play a pivotal role in shaping economic growth or decline, acting as a lifeline for trade and mobility. Globally, the average price of gasoline stands at 1.26 USD per liter, but significan

 Mar 18, 2025
World
Weekly Gold Commentary: Tariffs, Geo-Wars Propel Gold to $3 000 Amid Risk-Off Frenzy

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

 Mar 17, 2025
World
Platinum Market Faces Worst Imbalance Since 2013: 2024-25 Deficit Projections Highlight Structural Risks

The platinum market is grappling with its most severe supply-demand imbalance since 2013, with deficits projected at 995 koz in 2024 and 848 koz in 2025, driven by structural supply constraints and v

 Mar 13, 2025
Elon Musk muddied with Tesla as sales slump & boycotts escalates

As of March 12, 2025, reports indicate that Tesla shares have dropped sharply, with a notable single-day decline of over 13% on March 10, wiping out more than $700 billion in market value from its mid

Mar 12, 2025
Gold Weekly Commentary: Zimbabwe's Mining Industry Hits New High

Zimbabwe has recorded its highest gold output in two months, marking a new record high as the country progresses toward its year-end production target. After achieving a record 36.48 tonnes in 2024, Z

Mar 10, 2025
Electoral Integrity in SADC: A Review of Recent Polls and Challenges Ahead

Africa's electoral landscape has been historically beset by undue influences and authoritarian tendencies, compromising the legitimacy of democratic processes. This has resulted in the continent's per

Mar 03, 2025
Weekly Gold Wrap: Tariffs Spark Global Gold Rush, COMEX Inventories Hit Pandemic Highs

With increasing US tariffs across the world from America to Europe, Asia to Africa, gold has emerged as a critical barometer of market uncertainty. As trade tensions escalate, investors and instituti

Mar 03, 2025

Global Gold Weekly Round-Up: Gold Prices Surge Dents Jewellery Demand, Fuels Investment Boom

he gold market has experienced a remarkable rally since the beginning of the year, with prices repeatedly hitting new all-time highs. While this surge has been a boon for investors, it has cast a shad

Feb 24, 2025

Unemployment Trends in Southern Africa: Over 7 Million Jobless in South Africa

South Africa’s unemployment rate has shown a slight improvement, declining for the second consecutive quarter to 31.9% in the fourth quarter of 2024, down from 32.1% in the previous quarter. This mar

Feb 19, 2025

Zimbabwe Ranks Highest Corrupt Country in SADC for 2024, Among Top 10 in Africa

Zimbabwe has come out as the worst corrupt country in SADC in 2024, according to the latest data from Transparency International coming only ahead of a war-torn DRC. It was also the worst performance

Feb 18, 2025

Global Gold at Glance: 2024’s Record Production, Record Prices Analysis, What Were Key Drivers

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

Feb 17, 2025

Gold Weekly Round-Up: 2025 Projections Appears Even More Bullish

In 2025, gold's outlook is projected to remain strong due to continued central bank accumulation, robust demand from gold ETF investors, and increasing geopolitical uncertainties. Central banks are e

Feb 17, 2025

US Resumes Critical Food Assistance to World Food Programme

The United States has rescinded its pause on in-kind food assistance to the World Food Programme (WFP), allowing for the resumption of food purchases and deliveries under existing USAID agreements. W

Feb 11, 2025

US New Tariffs on Steel, Aluminium Send Gold Prices Soaring Above US$2,900/oz

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

Feb 10, 2025

Why Gold is a Strategic Asset That Outperforms Traditional Assets During Economic Downturns

Gold has long been recognized as a strategic asset, playing a pivotal role in the construction of well-diversified investment portfolios. According to World Gold Council, Its unique characteristics m

Feb 03, 2025