Padenga Holdings Limited, a gold mining titan listed on the US-Dollar denominated bourse Victoria Falls Stock Exchange (VFEX) has cemented its place as a giant in Zimbabwe’s gold mining sector, deliv

Zimbabwe’s gold export earnings have inexplicably plunged for three consecutive months slipping from a record high of US$361.1 million in November 2024 to US$291.8 million in December, US$291.4 milli

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

Zimbabwe’s gold production in March 2025 achieved a historic milestone, with artisanal and small-scale miners (ASM) recording their highest monthly output ever. The month also marked the highest combi

Blanket Mine, flagship asset of Caledonia Mining Corporation, delivered a stellar Q1 2025, achieving a record first-quarter gold production of 18,671 ounces, surpassing the previous high of 18,515 oun

South Africa’s inflation rate plummeted to 2.7% in March 2025, down from 3.2% in February and below analysts’ expectations of 2.9%, marking the lowest level since June 2020 and falling below the Sout

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

Zimbabwe’s trade deficit widened to US$228 million in March 2025, a 4.7% increase from February’s US$217.9 million, as soaring imports overwhelmed modest export growth. Despite new highs in exports o

Gold export earnings have resumed an upward trajectory in March 2025, climbing to $246.87 million, a 14% increase from February’s $216.86 million, marking the first rise since November 2024 when a rec

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.

Zimbabwe’s fuel prices have remained static for both petrol and diesel in May, according to  energy regulator,  Zimbabwe Energy Regulatory Authority (ZERA). Petrol continues to retail at US$1.53 per

Zimbabwe’s gold deliveries in April 2025 reached 3.86 tonnes, a robust 38.3% increase from March’s 2.79 tonnes, according to Fidelity Gold Refiners. Small-scale miners led the charge with  2.93 tonne

Zimbabwe’s platinum production experienced a significant decline in the first quarter of 2025 with the World Platinum Investment Council (WPIC) reporting a 13% drop to 115,000 ounces, attributed to lo

Padenga Holdings Limited, Zimbabwe’s largest listed gold producer, has begun FY2025 with a robust performance, demonstrating resilience and growth in both its gold mining and agricultural divisions.

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 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

The Zimbabwe Energy Regulatory Authority (ZERA) has decreased diesel prices for June from May prices in US dollar terms. Diesel prices went down by 1% from US$1.52 in May to US$1.50 per litre in June

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

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

Oil prices have skyrocketed to a five-month high, with Brent crude surging 5.7% to US$81.40 a barrel before settling at US$78.39, with U.S. West Texas Intermediate rising 2.6% to US$75.76. The spike