Search results for 'Commodity Markets'
Zimbabwe
Zimbabwe’s Gold Export Earnings Sink for 3 Consecutive Months Despite Soaring Price Records
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
Apr 01, 2025
Zimbabwe
Unki Output Dips 8% in Q3’ 2025, Higher PGM Basket Prices Offer Partial Relief
Unki Platinum Mine, Zimbabwe’s third-largest producer of platinum group metals (PGMs), recorded an 8% decline in third-quarter to September 2025 production to 57,500 ounces, down from 62,200 ounces du
Nov 07, 2025
South Africa
Venetia Mine Halted: De Beers Stops Mining at South Africa’s Largest Diamond Operation
De Beers is set to pause production for two years at Venetia, South Africa’s largest diamond mine, after prolonged weakness in rough diamond prices reduced the commercial value of extracting additiona
Jul 14, 2026
World
Glencore Joins Fight for Sherritt: Sanctions Crisis Puts Canadian Refinery at Centre of Control Battle
A consortium including Glencore has submitted a rival recapitalisation proposal for Sherritt International, opening a contest for control of a financially distressed Canadian nickel and cobalt company
Aug 11, 2026
Companies
Star Africa Price Cuts Lift Sugar Volumes 38%, Refinery Capacity Reopens Growth Path
Star Africa Corporation, Zimbabwe’s sugar producer and refiner has taken a decision to reduce sugar prices, producing the strongest evidence yet that the company can recover earnings through higher re
Aug 17, 2026
Top Stories
Padenga Controls a Fifth of Large Scale Gold, Mutapa Takes the Lead and Caledonia Slips
Padenga Holdings has consolidated its position among Zimbabwe's largest gold producers after selling 2.18 tonnes during the nine months ended September 2026, equivalent to approximately 21.6% of the c
3 hours agoFBC Generates ZWG214 Million in Q3 Profit Before Tax, Retains Just ZWG10 Million as Tax Pressure Deepens
FBC Holdings has generated approximately ZWG214.5 million in profit before tax during the third quarter of 2026, but retained only ZWG9.8 million in profit after tax, according to Equity Axis calculat
16 hours agoBAT Loses 38 Million Cigarette Sales, 53% Profit Margin Conceals a Shrinking Revenue Base
British American Tobacco Zimbabwe has lost 38 million cigarette sales in the first nine months of 2026 as weaker consumer purchasing power continues eroding demand for its higher priced brands, exposi
16 hours agoAnother US$1 Billion Revenue Year Looms for Delta as Half Year Sales Rival its Strongest Pre-2019 Annual Performances
Delta Corporation is heading towards another US$1 billion revenue year after generating US$607.5 million during the six months ended 30 September 2026, an 18% increase from the corresponding period.
17 hours agoClinker Imports Surge 90% to US$48 Million as Dinson's US$15 Million Cement Plant Nears Commissioning
Zimbabwe's clinker imports surged 89.7% to US$48.24 million during the first eight months of 2026, exceeding the US$40.78 million spent throughout 2025, as the country prepares to commission another c
17 hours agoZimbabwe Clarifies Economic Mandates for Mthuli Ncube and Tagwirei Through New Statutory Instruments
The new economic development portfolio can be assessed through concrete administrative indicators. Competition case processing times, the publication of merger decisions and the consistency of regulat
1 day agoTreasury Owes Road Contractors US$188 Million as New US$2 Million Contract Approval Rule Takes Effect
Treasury has also warned creditors against engaging third-party debt recovery consultants whose commissions it does not recognise. The directive places greater importance on formal verification and pa
1 day agoBuilt with Billions, Left Uninsured: Africa's Unprotected Public Infrastructure Exposes Taxpayers to Mounting Disaster Liabilities
Zimbabwe's government is moving towards compulsory insurance for public assets after its insurance regulator established that most government buildings, schools and hospitals remain without adequate p
2 days ago
