Search results for 'economic resilience'
Companies
FBC Holdings' Income Exceeds ZWG2 Billion Despite Currency Carnage

FBC Holdings’ total income has surpassed ZWG2 billion in the half-year to June 2024 despite experiencing a currency carnage in the first quarter. The group reported ZWG2.1 billion during the period u

Sep 19, 2024
Zimbabwe
Can Zim's Gold Output Hit 35 Tonnes, Earnings Cross $2 Billion for the First Time?

he gold sector has achieved remarkable advancements in gold sales, having already surpassed last year's figures. November’s gold deliveries experienced a significant uptick, reaching 3,766 kg more tha

Dec 10, 2024
Zimbabwe
ZiG Weekly Review: ZiG Maintains Steady Course with Slight Declines Under 1%

The Zimbabwe Gold (ZiG) has exhibited a consistent downward trajectory, recording a decline for three consecutive weeks, settling at 26.4565 during the week ended 14 February 2024. However, these are

Feb 17, 2025
Zimbabwe
ZiG Weekly Review: Gradual Erosion Continues, What’s the Key to Sustainable Stability?

The Zimbabwe Gold (ZiG) has faced persistent bearish pressure against the US dollar (USD), settling at an exchange rate of 26.7069 as of March 21, 2025, marginally weaker than its 26.7116 close on Jan

Mar 21, 2025
Companies
NMB Bank Harnesses DFI Partnerships to Drive 27% Loan Surge in Export-Critical Sectors

NMB Bank Zimbabwe has leveraged foreign lines of credit to fuel its growth in 2024, a critical strategy in a nation where Western sanctions limit traditional financing. The bank raised over USD 65 mil

Apr 08, 2025
Zimbabwe
Zimbabwe’s March Imports Top US$809 Million, Offset Gold Gains

Zimbabwe’s trade deficit widened to US$228 million in March 2025, a 4.7% increase from February’s US$217.9 million, as soaring imports overwhelmed modest export growth. Despite new highs in exports o

Apr 25, 2025
Companies
CBZ's Q1 Performance: A Robust Start Amid Economic Uncertainty

CBZ Holdings kicked off 2025 with a stellar first-quarter performance, highlighting its resilience and strategic focus in a challenging economic environment. The Group reported a profit after tax of

Apr 29, 2025

Top Stories

Artificial Intelligence Drives Econet’s Strong Q1 25 Performance

Econet Wireless ,the country’s largest telecommunications operator leveraged AI‑powered analytics to deepen customer insight and tailor services in real time, a strategy that helped propel data traffi

3 hours ago

CFI Bounces Back With ZWG493 Million Profit in HY 25 , Driven by Monetary Gains

CFI Holdings Limited has staged a strong comeback in the first half of 2025, swinging from a loss of ZWG348.96 million in the prior comparable period to a ZWG493.64 million profit, according to the co

1 day ago

Caledonia Raises FY Gold Production Guidance After Blanket’s Q2 Record Production

Caledonia Mining Corporation, Zimbabwe's third largest gold producer, has seen a record-breaking second quarter for gold production in 2025, with output reaching 21,070 ounces (597.32 kg), surpassing

Jul 16, 2025

Weekly Markets Watch: Global Trade Tensions, Mixed Equities, Gold’s Resilience

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.

Jul 16, 2025

ZCDC Cuts 400 Jobs as Global Diamond Industry Faces Major Crisis

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 Gold Deliveries Hit Historic Peak Since 2021

Zimbabwe’s gold deliveries to Fidelity Printers and Refiners (FPR) in June 2025 reached 4.27 tonnes, marking a significant increase from May’s 3.49 tonnes, driven primarily by contributions from Artis

Jul 15, 2025

ZSE Lifts Suspension on Meikles Limited, Trading Resumes

The Zimbabwe Stock Exchange (ZSE) has officially lifted the suspension of trading in Meikles Limited shares, effective July 14, 2025, following the successful resolution of corporate governance concer

Jul 15, 2025

Gold Weekly Wrap: Africa Investors Lag as Global Gold ETFs Surge to $400 Bn with Record H1 2025 Inflows

In the first half of 2025, global gold exchange-traded funds (ETFs) saw a remarkable resurgence, with inflows reaching US$38 billion, the highest semi-annual performance since H1 2020, driven by geopo

Jul 14, 2025