Search results for 'Safe-Haven Assets'
Companies
The US Dollar Triumph: Tigere’s Revenue Collections Rise to 91% in USD in HY24

igere Property Fund has reported a notable shift in its financial landscape for the half-year ended June 30, 2024, marked by a significant increase in USD revenue collections. According to its latest

Sep 02, 2024
World
Age of Bullion: Gold Prices Reach Historic Highs

Gold prices have continued their upward trajectory, reaching a new record high of US$2,750 per ounce on October 23, 2024. This surge is driven by gold's status as a safe-haven asset amid escalating ge

Oct 23, 2024
World
US New Tariffs on Steel, Aluminium Send Gold Prices Soaring Above US$2,900/oz

Gold prices reached a new record high of 2,917.90 per ounce on the 10th of February 2025, driven by the U.S. President’s trade war, which is targeting both allies and adversaries. This surge followed

Feb 10, 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 Prices Retreat to $3,310 as Trump Signals Tariff Truce with China

Gold prices retreated to $3,310 per ounce on Wednesday 23rd of April, falling from a record high of $3,500 in the previous session, as optimism over easing U.S.-China trade tensions, a strengthening

Apr 23, 2025
World
Gold Weekly Round-Up: Why Gold in 2025, A Cross-Asset Perspective

As we entered 2025, expectations for the US economy soared to their highest levels in over two years, fuelled by widespread belief that strong growth and significant asset-price increases would persi

May 19, 2025
World
Gold Falls in Biggest Slump Since 2019 as Trade Tensions Ease

Gold bullion prices plummeted by 6.3% on October 22, 2025, dropping from $4,381 to $4,082 per ounce, marking the steepest single-day decline since 2019 and halting a torrid rally that had driven the m

Oct 22, 2025

Top Stories

Mozambique, South Africa Drive Zimbabwe’s Q1 Growth: America’s Slump Weakens March Arrivals

Zimbabwe's tourism sector has recorded 384,561 international arrivals in the first quarter of 2026, an 11% increase year-on-year, generating USD 251 million in tourism receipts, a 14% improvement from

24 minutes ago

South Africa Sees Steep Fuel Price Hike in Years: What’s Next for Zimbabwe?

South Africa is set to implement a steep fuel price increase effective Wednesday 6 May 2026, with diesel rising by R6.19 per litre (USD 0.37) and petrol increasing by R3.27 per litre (USD 0.20), as co

1 hour ago

Gold Sets New Q1 Price Record: Lifts Zimbabwe Even as Production Underwhelms

The LBMA gold price has set a new quarterly average record of USD 4,873 per ounce in the first quarter of 2026, having hit an all-time historical high of USD 5,405 per ounce in January before a notabl

2 hours ago

Funny Facts About Zim-Regional Fuel Prices: Zambia’s Cheaper Fuel Passes Through Zimbabwe First

Zambia imports a substantial portion of its refined petroleum products through Zimbabwe, transiting Beit Bridge and travelling north along the Harare-Chirundu highway corridor before crossing into Lus

5 hours ago

Dangote Refinery to Supply Fuel to Ethiopian Airlines Directly

The global aviation industry is entering a period of adjustment driven by energy market dynamics. Rising fuel costs, supply uncertainties, and shifting demand patterns are forcing airlines to rethink

20 hours ago

Mutapa Gold Arm Gets New CEO as Commodity Financing Ambition Builds

Patrick Maseva-Shayawabaya has been appointed Chief Executive Officer of Mutapa Investment Fund's gold subsidiary, replacing Trevor Barnard, who has held the role since 2024. Maseva-Shayawabaya joins

1 day ago

Kingdom Hotel Set for Rebrand as Dubai Investor Expands Zimbabwe Footprint

ASB Hospitality LLC, the Dubai-based subsidiary of Albwardy Investment, has completed the acquisition of Makasa Sun (Private) Limited, owner of the 294-room Kingdom Hotel in Victoria Falls, for USD 30

1 day ago

Zimbabwe Spends Nearly US$1bn on Electricity Imports, Mutapa Lines Up US$500m Energy Investment

Zimbabwe has spent USD 881.7 million importing electricity between January 2021 and March 2026, according to a monthly import series derived from ZimStat External Trade Statistics. The cumulative fig

1 day ago