The Organisation of Petroleum Exporting Countries (OPEC) insists that the use of fossil fuels is the best option to address the forecast of a 13% increase in demand, despite the fact that they have po

The Zambian unit of Pan African group Liquid Intelligent Technologies has reported a sharp growth in revenue for the financial year 2023. The subsidiary reported a double-digit growth of 18% in total

Gold prices have declined to below $1,910 per ounce today, reaching their lowest point in approximately three weeks. This drop comes as investors exercise caution while awaiting a crucial US inflatio

Zimbabwe's trade deficit for April widened to $256.9 million, a 37.9% increase from the $186.3 million deficit recorded in March 2024. This marked the fourth consecutive month of Zimbabwe trading in t

Econet Wireless Zimbabwe, the country's largest telecom operator, contributed a staggering ZWL3.8 trillion to the government and statutory bodies in the fiscal year ended February 29, 2024. This figur

Steward Bank, the lone remaining financial services entity within the EcoCash Holdings group, is poised to drive a digital banking expansion through strategic investments in transformative technologie

Econet Wireless Zimbabwe, the largest telecoms operator in the country, has made significant strides in enhancing its service provision during the first quarter ended 31 May 2024. The company has com

Africa's financial landscape is undergoing a remarkable transformation, fueled by the swift rise of financial technologies (fintech) and the burgeoning role of artificial intelligence (AI). The latest

Zimbabwe's gold exports in July 2024 contributed 34.2% to the total exports, according to the latest Zimstat's trade report. This output increased from 30.5% in June exports. However, it was still lo

The government has implemented stringent penalties for network service providers, imposing fines of up to US$5,000 for poor-quality services. The country boasts a competitive telecommunications indus

On 10 September 2024, Zimbabwe's telecommunications regulator, the Postal and Telecommunications Regulatory Authority of Zimbabwe (POTRAZ), announced the licensing of Starlink within the country. In

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%

Econet Wireless Zimbabwe, the pre-eminent telecommunications operator in the region, has strategically deployed an additional 32 5G base stations in Harare over the six-month period concluding on Augu

Econet Wireless Zimbabwe, the largest telecommunications company with a regional footprint, has reported a significant surge in voice and data usage during the third quarter ended 30 November 2024. T

The mining sector has become a cornerstone of numerous African economies, particularly as the continent, despite being the poorest globally, possesses vast untapped resources. Africa contributes less

The Tobacco Industry and Marketing Board (TIMB) has announced new deadlines for license applications for both contractors buying and ‘A’ class buying licences. The dates have been moved to 31 March 2

After U.S. President Donald Trump hit Zimbabwe with 18% tariffs on April 3, 2025, as part of his reciprocal tariffs war, Zimbabwe responded dayslater, on April 6, 2025, by removing all tariffs on U.S.

Cassava Technologies, a global technology leader with African roots, has signed a Memorandum of Understanding with Zindi, Africa’s largest professional network for data scientists, to deliver transfor

While global diamond prices are crashing from US$3,400 in 2020 to a mere $900 in 2024, a 74% decline, Zimbabwe’s diamond industry shows respite, defying global trends. Though made of the hardest mate

Global markets, Tariff developments, Gold prices, Economic data, Federal Reserve, Trade tensions, Eurozone economy, China's export growth, UK economic contraction, Reserve Bank of Australia.