Zimbabwe's October gold deliveries surged 22% from September and 12% above October 2023, reaching 4,168 kgs. Small-scale miners produced 3,143 kgs, up from 2,404 kgs in September, while large-scale m

Delta Corporation, a blue-chip entity listed on the Zimbabwe Stock Exchange (ZSE), has encountered significant headwinds in its sorghum beer segment, resulting in diminished sales volumes domestically

Caledonia Mining Corporation, a leading gold producer, has reported a third-quarter gold production of 18,992 ounces from 21,772 ounces produced in the comparable quarter due to lower grade and reduce

Caledonia Mining Corporation and Padenga Holdings released their third-quarter performance reports this week, with both companies edging closer to their annual targets. Padenga, currently the third-l

African Sun, the largest hotel group in the region, reported occupancy rates exceeding 50% reaching 55%, a 7-percentage point increase from the same period last year. This achievement played a crucia

Largest foods processor, Innscor Africa Limited has posted a solid Q1 performance for the period to 30 September 2024. This performance which saw over 90% of its units on the upward trend, sustain gro

Proplastics, a premier plastics products manufacturer and distributor, reported subdued year-to-date (YTD) results for the nine months ended September 30, 2024. The company experienced a 5% contractio

The year 2024 proved to be exceptionally challenging for both developed and developing nations. Zimbabwe experienced its most severe drought in over four decades, exacerbated by the ongoing geopolitic

The World Platinum Investment Council (WPIC) has projected that automotive platinum demand will soar to an eight-year high in 2025, reflecting a transformative shift in the automotive industry toward

Reduction of Sugar Tax: Has cut the sugar tax from 0.001% to 0.0005% per gram Revenue Allocation Concerns: Despite generating significant revenue from the sugar tax, no cancer treatment equipment has

he mining industry has made significant strides in gold production, already exceeding last year's total.  As of November, miners have sold 32 tonnes of gold, surpassing the 30.1 tonnes recorded for a

Zimbabwe's gold sector is struggling to reach its full potential, with the country experiencing a loss of US$270 million in gold earnings year-to-date (January to October). This significant shortfall

Nampak Zimbabwe, the country's largest packaging company, is nearing completion of its $25 million merger with TSL Limited. According to the latest circular released by the group, the bidder has acce

Zimbabwe’s industrial sugar sales have experienced a substantial growth trajectory, increasing by 21% to 183,729 tonnes for the half-year period ended 30 September 2024, as reported by Hippo Valley, t

Last week, in an interview with global media outlet Bloomberg, the government hinted at plans to introduce a 26% shareholding in all future mining projects and also negotiate with the already settled

In the half-year period ended September 30, 2024, National Tyre Services (NTS) reported a substantial decline in both volume and sales figures, attributed to a myriad of factors such as supply chain d

Caledonia Mining Corporation's FY2024 output of 76,656 ounces has fallen within analyst expectations, amidst a significant capital expenditure program of approximately $41.8 million earmarked for 2025

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

The Minerals Marketing Corporation of Zimbabwe (MMCZ) has announced Dr. Nomusa Jane Moyo as its new General Manager, effective immediately. Dr. Moyo, who has been the Acting General Manager since July

Delta Corporation, Zimbabwe's largest beverages maker, has paid US$31.2 million in sugar taxes during the period from February 2024 to December 2024, which has had a ripple effect on the market. The