Mutapa Investment Fund's acquisition of a 37.1% stake in Cottco reflects a strategic decision by the government to transfer its shareholding from the Ministry of Finance and Economic Development. This
Feb 08, 2024
On the third of April 2025, the United States, led by a re-energised Donald Trump, dropped a trade bombshell on Zimbabwe, an 18% “reciprocal tariff” slapped on its goods, part of a broader strategy t
Apr 04, 2025
Botswana, often celebrated as a model of economic stability and prudent governance in Africa, is confronting a severe economic crisis precipitated by a sharp decline in global diamond prices. The Af
May 21, 2025
While global diamond prices are crashing from US$3,400 in 2020 to a mere $900 in 2024, a 74% decline, Zimbabwe’s diamond industry shows respite, defying global trends. Though made of the hardest mate
Jun 02, 2025
Debswana Diamond Company, a 50-50 joint venture between the Botswana government and De Beers, has temporarily halted production at its Jwaneng Cut 9 and Orapa mines, following earlier suspensions at t
Jun 09, 2025
The Zimbabwe Stock Exchange Holdings Limited (ZSE Holdings) has joined the Society for Worldwide Interbank Financial Telecommunication (SWIFT) network a globally recognised platform for secure financi
Jul 09, 2025
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
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
Zimbabwe’s gold sector continued its upward trajectory into 2025, building on the record highs achieved in 2024. In June 2025, revenues hit a peak of $393.87 million, surpassing the May 2025 record of
Aug 18, 2025
Zimbabwe has secured a significant opportunity to export blueberries to China following the signing of a phytosanitary protocol during President Emmerson Mnangagwa’s recent visit to China, according t
Sep 05, 2025
Zimbabwe’s sharp surge in tobacco exports at the start of 2026 the latest chapter in a four-decade arc of expansion, collapse, and recovery that now appears to be approaching another historic peak, wi
Jan 22, 2026
The Zimbabwe Gold (ZiG), the local currency unit, traded at approximately 25.57 against the US dollar on February 20, 2026, reflecting a marginal depreciation from 25.56 the previous week but maintai
Zimbabwe Stock Exchange listed cable manufacturer CAFCA Limited has recorded a 3% year-on-year increase in sales volumes for the first quarter ended 31 December 2025, signalling a gradual strengthenin
Tanganda Tea Company Limited has secured shareholder approval to raise US$8 million through a renounceable rights offer, a capital injection expected to stabilise the Zimbabwe Stock Exchange-listed d
For nearly eight decades, the American dollar has reigned as the undisputed monarch of global finance, a currency so entrenched that it seems woven into the fabric of international commerce. Born from
Zimbabwe’s tobacco industry is poised for another historic season, with production projections pointing to output surpassing 360 million kilograms in 2026, eclipsing the 355 million kilograms record
Chinese electric vehicle (EV) giant BYD has overtaken Ford in annual car sales for the first time in 2025, marking a pivotal moment in the transition toward electrified mobility. BYD delivered approxi
Hippo Valley Estates, Zimbabwe's dominant sugar refiner, has dispatched 36,000 tonnes of refined sugar to the European Union in a post-period transaction, availing itself of duty-free, quota-free acce
Zimbabwe is poised to embark on a transformative trajectory in its bilateral relations with the European Union following the latter's decision to lift targeted travel bans and asset freezes on Zimbabw
