Search results for 'Central Banks'
Zimbabwe
Zimbabwe Introduces Gold-Backed CBDC: Too Little, Too Late?

In this context, the new gold-backed CBDC may seem a promising initiative to restore stability. The RBZ claims Zimbabwe has enough gold reserves to fully back the new digital currency. By pegging its

Apr 25, 2023
World
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
World
Weekly Gold Wrap: Central Banks Maintain Gold Focus in February

Gold remained a key asset for central banks in February 2025, with a reported 24 tonnes of net purchases marking another month of robust activity in the global gold market. Leading the charge was the

Apr 07, 2025
World
Gold Mid-Year Outlook: Can the Rally Continue in H2 2025?

Gold has continued its record-setting pace, rising 26% in US dollar terms in the first half of 2025, and reaching double-digit returns across currencies. A combination of a weaker US dollar, rangeboun

Jul 23, 2025
World
Weekly Gold Wrap: Demand Soars to Record $132 Billion in Q2'25

The demand for gold grew significantly in the second quarter, reaching a record value of $132 billion, a 45% increase from the previous year according to the World Gold Council. The total amount of g

Aug 05, 2025
World
Gold's Performance in July: Balancing Gains and Challenges

Gold prices rose 0.3% in July 2025, closing at US$3,299 per ounce, driven by tariff-led inflation expectations and geopolitical risks, per the Gold Return Attribution Model (GRAM). A stronger US doll

Aug 14, 2025
World
Dollar's Hegemony: Is World Ready for Multipolar Currency Order?

For nearly eight decades, the American dollar has reigned as the undisputed monarch of global finance, a currency so entrenched that it seems woven into the fabric of international commerce. Born from

Feb 19, 2026
World
Gold Sets New Q1 Price Record: Lifts Zimbabwe Even as Production Underwhelms

The LBMA gold price has set a new quarterly average record of USD 4,873 per ounce in the first quarter of 2026, having hit an all-time historical high of USD 5,405 per ounce in January before a notabl

May 05, 2026

Top Stories

Zambia's Economy Accelerates to 7.7% , Agriculture Leads Broad-Based Recovery

Zambia's economy expanded by 7.7% during the first quarter of 2026, marking its fastest quarterly growth in several years as a strong agricultural recovery, improving domestic demand and expanding ser

3 hours ago

Zimbabwe’s Winter Wheat Planting Target Surpasses 125,000ha Benchmark, ARDA Achieves 92% Planting Goal

Zimbabwe’s wheat planting programme has reached 128,459 hectares, surpassing the national target of 125,000 hectares by approximately 3,459 hectares or 2.8%. The Agricultural and Rural Development Au

5 hours ago

Proplastics Exports Surge 139% in Five Months, Hits 97% USD Revenue

Proplastics Limited, Zimbabwe's only listed manufacturer of PVC piping and infrastructure systems, has seen a 139% surge in export sales in the first five months of 2026, rising from a 4% contribution

6 hours ago

Proplastics Exports Surge 139% in First Five Months of 2026, Volumes Up 26%

Proplastics Limited, the Zimbabwe Stock Exchange-listed manufacturer of plastic piping systems that underpin water infrastructure, sanitation, irrigation, and construction across Zimbabwe, has record

8 hours ago

Why Dairibord is Becoming the Latest Corporate Delisting from the ZSE

Dairibord Holdings is set to be the latest delisting form the Zimbabwe Stock Exchange according to the latest circular to shareholders. Dairibord Holdings led the ZSE's gainers on Wednesday 24 June 2

11 hours ago

Operational Reactivation: RioZim’s Q1 Gold Output Eclipses Entire 2025 Production

Resuscitating mining giant, RioZim Limited has produced 92 kilograms of gold in the first quarter of 2026 from Renco Mine, an exponential increase from the 6 kilograms produced in the same quarter of

1 day ago

RTG Lifts Q1 2026 Revenue to US$11.4m as Occupancy and Room Yields Rise

Rainbow Tourism Group Limited (RTG), Zimbabwe’s second-largest hotelier, has recorded a 32% increase in revenue to US$11.41 million for the first quarter ended 31 March 2026, from US$8.65 million in t

1 day ago

Zimbabwe's Economy Expands to US$59.7 Billion as GDP is Rebased to 2025

With GDP reaching approximately US$59.7 billion at current prices, the latest estimates provide an updated benchmark for policymakers, investors, businesses and development partners seeking to underst

Jun 23, 2026