Gold prices have concluded the month of November 2023 above the notable threshold of US$2040 per ounce, buoyed by the geoeconomic fragmentation and the Federal Reserve's easing of interest rates. Sin

ioZim's gold production for the cumulative nine months leading up to the full year of 2023 has surged to 724 kilograms, surpassing the previous year's performance. This nine-month achievement follows

Zimbabwe's gold exports decreased from 23.6 kilograms in March to 20.8 kilograms in April according to the latest data released by ZIMSTAT. This marks a continued decline in gold's dominance as the co

Zimbabwe's trade deficit for April widened to $256.9 million, a 37.9% increase from the $186.3 million deficit recorded in March 2024. This marked the fourth consecutive month of Zimbabwe trading in t

Caledonia Mining Corporation has announced that it will revive the Bilboes Mine operations in Zimbabwe through a single-phase development approach, a decision expected to provide improved cash generat

Amid a foreign currency crunch and the instability of the ZiG currency exchange rate which requires immense gold backing, Zimbabwe's gold deliveries have continued to plummet according to the latest d

Global gold prices have started the week on a firmer note, stabilizing around $2,305 per ounce yesterday, following a 3.5% drop on Friday - the largest daily decline since November 2020. Investor sen

The government has implemented a zero-rating policy for gold deliveries to Fidelity, the state-owned gold buying entity. This policy change comes after gold deliveries have been sustaining a downward

The ZiG has experienced its inaugural depreciation in the formal forex market since its inception, as per the data reported by the Central Bank. On a week-over-week basis, the ZiG was quoted at 13.581

The Reserve Bank of Zimbabwe, the nation's central banking authority, has elected to maintain the benchmark interest rate at its current level for the third consecutive period, as evidenced by the lat

The local unit, the Zimbabwe Gold (ZiG), has exhibited a week-over-week depreciation of 0.9% against the United States Dollar (USD), opening the new month of July at a spot rate of ZiG13.7026, as per

In a remarkable turn of events, the precious mineral, gold, has reclaimed its coveted position as Zimbabwe's primary export commodity, accounting for 42.5% of the nation's overall exports as of May 2

Star Africa Corporation, the second-largest sugar producer in Zimbabwe, which is also the largest independent sugar producer is seeking to redeem its operational and commercial performance in the 2025

Caledonia Mining Corporation, the second-largest gold producer in the country, has reported a 19% increase in gold output during the second quarter of 2024, reaching 588.9 kilograms. This performance

Since attaining independence, one of the major problems Zimbabwe has been facing is corruption. The issue dates back to the Willowgate Car scandal in 1988, which implicated top government officials. T

International gold prices have risen to US$2 473 per ounce on the 16th of July 2024, setting a new record high for the bullion price. Previously, a record high was observed on 20 May 2024 when the pr

The embattled ZiG, a currency embroiled in a fierce battle for survival, has found itself in a perilous state, trading at an alarming rate of 13.7689 against the mighty U.S. dollar on July 24th, 2024

Zimbabwe's gold exports for June 2024 remained the top export, but fell to 30.5% according to data released by the country's statistics agency, ZIMSTAT. This is down from a higher of 42.8% in May, a

Zimbabwe's trade deficit surged in June 2024, reaching over $200 million. The latest data from Zimstat shows the deficit rose by 39.6% to $218.9 million, up from $156.8 million in May 2024. A trade d

he Zimbabwe Gold (ZiG) has recorded a poor performance in July 2024. It started trading in April 2024 at a high of 13.56 ZiG per US dollar, but by the end of July 2024 had fallen to 13.79 per dollar.