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
5 hours ago
Zimbabwe had projected a GDP growth of 6% in 2025, the Southern Africa region’s fastest and a record high in recent years. The growth was largely premised on a rebound in Agriculture anchored on maize
Zimbabwe’s fuel prices have seen a minor adjustment, with petrol prices dropping by one cent from $1.56 in August to $1.55 in September, while diesel prices have remained unchanged at $1.55, according
Gold experienced a robust rally at the end of August, reaching US$3,429 per ounce, a 4% increase for the month, bringing its year-to-date gain to an impressive 31%. Despite a weaker US dollar, gold a
Impala Platinum Holdings Limited (Implats) a leading South African platinum group metals (PGM) producer plans to redefine its volumes from improved processing availability at Impala Rustenburg and Zi
Zimbabwe has achieved a historic milestone by recording its lowest trade deficit ever in July 2025, with the deficit plummeting by 94.5% to USD 8.7 million from USD 158.6 million in June 2025. This pe
NMBZ Holdings Limited has expanded its loan book by 18% to ZWG 3.42 billion in the half year to 30 June 2025, up from ZWG 2.91 billion in December 2024 according to the latest half year financial resu
Zimbabwe’s inflation, measured in both ZiG (Zimbabwe Gold) and US dollar terms, experienced a significant decline in August 2025, signaling improved macroeconomic stability. According to Zimstat, an