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

Zimbabwe's Exports Surpass $1 Billion for First Time, Imports Steal the Show at $1.03 Billion

Zimbabwe has achieved a historic milestone in October 2025, with monthly exports surpassing the US$1 billion threshold for the first time, reaching US$1.02 billion. This represented a strong 20.2% mo

13 hours ago

Econet Flags “Gross Undervaluation” as Board Eyes Possible "ZSE Delisting"

Zimbabwe’s largest telecommunications company, Econet Wireless Zimbabwe, has issued a cautionary statement to shareholders announcing that its board is evaluating strategic corporate actions that cou

16 hours ago

ZiG Defies Gravity: On Track for Best Annual Performance in 25 Years

Zimbabwe is experiencing one of the most remarkable gold production surges in its history, achieving a record 36.48 tonnes in 2024 after a dip to 30.1 tonnes in 2023, with 2025 now firmly on track to

Dec 05, 2025

Fiscal Fiasco to Gold Reckoning: Zimbabwe’s Boom Finally Pays the Treasury

Zimbabwe is experiencing one of the most remarkable gold production surges in its history, achieving a record 36.48 tonnes in 2024 after a dip to 30.1 tonnes in 2023, with 2025 now firmly on track to

Dec 04, 2025

Seed Co International Narrows Half-Year Losses by 93% in HY 2026

Seed Co International Limited (SCIL) has delivered its strongest interim performance in years after narrowing its loss for the six months to 30 September 2025 to  US$0.2 million, an improvement  from

Dec 04, 2025

You Win, We Take: Govt Doubles Down With 25% Betting Tax

Finance Minister Mthuli Ncube has proposed to raise the tax on betting winnings to 25% from the current 10%, according to the 2026 National Budget, marking a significant escalation of government’s eff

Dec 04, 2025

Mthuli’s 2026 Budget : Drops Tax Hammer on Miners, Hands Citizens the Keys to Gold

Finance, Economic Development and Investor Promotion Minister, Professor Mthuli Ncube has tabled the most aggressive mining tax reforms since dollarisation, aimed at lifting the sector’s effective con

Dec 03, 2025

Hidden Potential: Zimbabwe’s 100-Tonne Gold Horizon Within Reach

Zimbabwe's gold sector continues its meteoric ascent, a testament to resilient operators navigating macroeconomic headwinds and structural reforms amid a global bull market for the yellow metal. In Oc

Dec 02, 2025