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
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 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
