Search results for 'CENTRAL BANK'
Zimbabwe
RBZ Raises Policy Rate, Reserve Requirements: Implications for Banks, Businesses, Consumers
The Reserve Bank of Zimbabwe has raised the bank policy rate from 20% in April this year to 35%, according to the latest Monetary Policy Statement released last Friday. Standard and statutory reserve
Sep 30, 2024
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 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 Quarterly Snap: China Leads Demand, Jewellery Consumption Hits 35 Billion in Just 3 Months
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.
May 07, 2025
Top Stories
Seed Co Reports 93% Revenue Growth in FY25, but Government Debt, Currency Shift Weaken Profits
Seed Co, Zimbabwe’s leading seed company with a robust regional footprint, reported a 52% surge in sales volume for the fiscal year ended March 31, 2025 (FY2025), driven by strong demand in both domes
1 day agoGold, Nickel Pushes Zimbabwe’s Exports to 6-Month Peak: But Import Bill Overshadow Gains
Zimbabwe’s merchandise exports reached a six-month high of USD 727.3 million in May 2025, reflecting a 9.6% month-on-month increase from USD 663.8 million in April 2025, according to Zimstat data. T
Jul 08, 2025