Search results for 'liquidity'
Zimbabwe
Zimbabwe Limits Forex Withdrawals Abroad to US$2k: What it Means, Implications
The Reserve Bank has taken decisive action to curb capital flight and stabilize the formal economy by reducing the amount of foreign currency individuals can take out of the country from US$10,000 to
Sep 30, 2024
Zimbabwe
Smoke and Mirrors? ZiG Strengthens for Third Consecutive Day, Takes in 9% Gains
The Zimbabwe Gold (ZWG) currency has exhibited an appreciation on the formal market, recording its third consecutive gain on November 6, 2024. The currency surged 3% from 26.99 to 26.01, translating
Nov 06, 2024
World
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
Companies
ART Holdings Reports Depressed Q1 Performance with Volumes, Revenue Declining: Explores Opportunities in Hygiene Segment
ART Holdings has reported a challenging first quarter for the three months ended December 31, 2024, with both sales volumes and revenue experiencing significant declines. Sales volumes decreased by 13
Feb 18, 2025
World
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
Zimbabwe
Government Approves $311 Million Compensation for 740 Farms Under Global Compensation Deed
Zimbabwe’s recent initiation of compensation payments to former farm owners under the Global Compensation Deed (GCD), signed in 2020, marks a significant step toward resolving historical grievances st
Apr 10, 2025
Companies
Caledonia Nets $22.35M from Solar Plant Sale, Bolsters Liquidity for Gold Expansion
aledonia Mining Corporation has sold its 12.2 MW solar plant to CrossBoundary Energy Holdings (CBE) for $22.35 million in cash according to the latest circular by the company. This move is to allow
Apr 15, 2025
Zimbabwe
VFEX Achieves Record Turnover in Q1 2025, Driven by Local Investor Confidence
The Victoria Falls Stock Exchange (VFEX) posted a remarkable Q1 2025, driven by local investors who powered a record-breaking turnover of $58.5 million and a historic daily high of $40.1 million on Fe
Apr 15, 2025
Top Stories
Gold Revenue Slide: Why Zim’s Main Forex Earner Hit a 13-Month Low and What It Means for the Economy
Zimbabwe's gold export revenue recorded its fourth consecutive monthly decline in April 2026, falling to USD 394.2 million from USD 427.1 million in March, USD 461.4 million in February, USD 493.0 mil
4 hours agoSelling More, Earning Less: What the Numbers Reveal from Nampak Zimbabwe’s 1HY2026 Results
Nampak Zimbabwe Limited, the country’s largest packaging firm has reported revenue of USD 41.7 million for the six months ended 31 March 2026, a 10% increase from USD 38 million in the comparable peri
Jun 03, 2026
