Zimbabwe Consolidated Diamond Company (ZCDC), the country’s largest state-owned diamond miner, has confirmed the retrenchment of 400 employees, a move that reflects the worsening crisis in the global
Jul 15, 2025
Zimbabwe’s diamond industry continues to exhibit resilience amid hardship, with October 2025 exports surging to $43.4 million from zero in September, lifting the first 10 months' cumulative revenue t
Dec 17, 2025
The diamond industry, long synonymous with luxury, rarity, and enduring value, is undergoing a profound transformation due to the rise of lab-grown diamonds. These synthetic gems, chemically identical
Jan 29, 2026
The Grain Marketing Board has settled 100% of its previously outstanding obligations in US dollars and 82.73% of its ZiG payment obligations as at 20 May 2026, Cabinet was advised by the Minister of A
Zimbabwe's Second Round of Crops, Livestock and Fisheries Assessment Report, presented to Cabinet by the Minister of Agriculture, Mechanisation and Water Resources Development, Dr. Anxious Jongwe Masu
Zimbabwe’s May 2026 inflation data, released by the Zimbabwe National Statistics Agency, confirmed a picture that is simultaneously encouraging and instructive. Annual blended inflation was 3.2%, whil
Zambia Sugar PLC, the Lusaka Securities Exchange-listed producer and the dominant supplier in Zambia's sugar market, reported profit after tax of K273.247 million (USD 15.350 million) for the six mont
Metal Fabricators of Zambia PLC, the Lusaka Securities Exchange-listed copper cable and wire manufacturer, reported a loss before income tax of ZMW 43.775 million (USD 2.459 million) for the six month
For the better part of a decade, Zimbabwe’s banking sector operated on a model that would be unrecognisable in most developed financial markets. Fees and commissions, not interest income from lending,
CBZ Holdings Limited, Zimbabwe’s largest financial services group by assets and deposits, reported profit after tax of ZWG 361.34 million for the first quarter ended 31 March 2026, a 32.8% decline fro
Zimbabwe gold, small-scale mining, foreign mining ban, citizen empowerment, gold smuggling, Fidelity Gold Refinery, mining policy, Polite Kambamura, US$15m threshold, resource nationalism
