Search results for 'Safe-haven assets'
Companies
The US Dollar Triumph: Tigere’s Revenue Collections Rise to 91% in USD in HY24

igere Property Fund has reported a notable shift in its financial landscape for the half-year ended June 30, 2024, marked by a significant increase in USD revenue collections. According to its latest

Sep 02, 2024
World
Age of Bullion: Gold Prices Reach Historic Highs

Gold prices have continued their upward trajectory, reaching a new record high of US$2,750 per ounce on October 23, 2024. This surge is driven by gold's status as a safe-haven asset amid escalating ge

Oct 23, 2024
World
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
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
Gold Prices Retreat to $3,310 as Trump Signals Tariff Truce with China

Gold prices retreated to $3,310 per ounce on Wednesday 23rd of April, falling from a record high of $3,500 in the previous session, as optimism over easing U.S.-China trade tensions, a strengthening

Apr 23, 2025
World
Gold Weekly Round-Up: Why Gold in 2025, A Cross-Asset Perspective

As we entered 2025, expectations for the US economy soared to their highest levels in over two years, fuelled by widespread belief that strong growth and significant asset-price increases would persi

May 19, 2025
World
Gold Falls in Biggest Slump Since 2019 as Trade Tensions Ease

Gold bullion prices plummeted by 6.3% on October 22, 2025, dropping from $4,381 to $4,082 per ounce, marking the steepest single-day decline since 2019 and halting a torrid rally that had driven the m

Oct 22, 2025

Top Stories

Zimbabwe's Mineral Processing Rules Face COMESA Regional Integration Test

Zimbabwe’s ambition to develop regional mineral-processing industries faces a significant policy test after President Emmerson Mnangagwa committed the country’s COMESA chairmanship to accelerating ben

Oct 22, 2026

Zambia's Izwe Loans Profits Rise 26% on Fee Income, Zim's Banks Face Tighter Charges

Zambia's Izwe Loans Zambia has recorded a 26% increase in profit after tax to K112.2 million (approximately US$6.23 million) for the six months ended 30 June 2026, supported by a near doubling of fee

Oct 22, 2026

Zimplow’s Implement Export Volumes Overtake Local Sales Amid 2027 Drought Risks

VFEX-listed Zimplow Holdings has recorded a US$1.54 million turnaround in pre-tax earnings for the nine months ended September 2026, supported by stronger margins, improved stock availability and a sh

Oct 22, 2026

Zambia Re Profits Nearly Triple as Underwriting Improves, Outpacing Zimbabwean Insurers

Zambia Reinsurance, formerly Prima Reinsurance, has recorded a 198% increase in profit after tax to K6.09 million (approximately US$338,000) for the six months ended 30 June 2026, despite reinsurance

Oct 22, 2026

Zimbabwe Hosts COMESA Heads of State Summit, Mnangagwa to Lead Regional Economic Bloc

Zimbabwe is hosting the 25th Common Market for Eastern and Southern Africa (COMESA) Heads of State and Government Summit today, 22 October 2026, at the New Parliament Building in Mt Hampden, with Pres

Oct 22, 2026

IMF Research Exposes Cost of Broad Subsidies Ahead of Zimbabwe's 2027 Budget

Zimbabwe’s preparation of the 2027 National Budget faces a difficult fiscal calculation as new International Monetary Fund research finds that broad food subsidies can cost approximately six times as

Oct 21, 2026

Cassava Enters World Bank Plan for Affordable African AI

The World Bank Group launched its first digital strategy on 20 October, setting out a financing and policy framework for developing countries to expand affordable connectivity, digital services, skill

Oct 21, 2026

Zanaco's 13% Revenue Growth Fails to Lift Profits as Costs Rise, Echoing CBZ's Earnings Pressure

Zambia National Commercial Bank (Zanaco) has recorded a 13% increase in operating income to K3.30 billion (approximately US$183.2 million) for the six months ended 30 June 2026, but the improvement fa

Oct 21, 2026