Search results for 'Commodities'
World
The Rise of China's Influence in the Global Metals Market: How the Loss of Benchmark Status by the LME may impact Zimbabwe
In a major shake-up for the global metals market, the London Metal Exchange (LME) has lost its benchmark status for a part of the nickel market. According to a report by Bloomberg News, the Shanghai M
Jun 05, 2023
Zimbabwe
September Trade Review: Gold Exports Increases but Value Declines Despite Rallying Prices
Gold exports in September 2024 surged to 40.2%, up from 37.9% in August and 34.2% in July while tobacco exports, partly or wholly stemmed, followed closely at 19.3%, marking a notable growth from 13%
Oct 25, 2024
World
Platinum's Q3 Update: Deficit Persists, Extends into 2025 as Prices Continue to Slide
The global platinum supply experienced a 7% year-over-year (YoY) increase to 1,479 koz in Q3 2024, primarily driven by augmented stock releases in South Africa. This uptick in supply was a welcome dev
5 hours ago
Zimbabwe
Zim’s 10-Month Gold Exports Value Surpasses FY23 Total, Hits Record US$1.87 Billion
Gold has recorded a historical high of US$296.85 million in exports value in October according to the latest data released by Zimstat in terms of value. Of all the exports, gold accounted for 42.4% s
3 hours ago
Top Stories
BOARDROOM BETRAYAL: Moxon Accuses Meikles Directors of 'Deceitful' Power Play, Calls EGM to Remove Them
Meikles Limited's largest shareholder, John Moxon, has convened an Extraordinary General Meeting (EGM) to effect a strategic restructuring of the company's Board of Directors. The EGM is slated for De
1 day agoGovernment Amends Sovereign Wealth Fund Act: Will It Revive Struggling State-Owned Enterprises?
The government has implemented a strategic amendment to the Sovereign Wealth Fund Act, effectively enabling the Mutapa Investment Fund to leverage state-controlled assets as collateral for debt financ
1 day ago