The Organisation of Petroleum Exporting Countries (OPEC) insists that the use of fossil fuels is the best option to address the forecast of a 13% increase in demand, despite the fact that they have po

Mining firm listed on the Victoria Falls Stock Exchange (VFEX) Bindura Nickel Corporation (BNC) is set to bounce back to profitmaking in FY2024 after incurring a net loss of US$18.5 million in FY2023.

The Zimbabwe dollar exhibited its fifth consecutive period of appreciation, trading at ZWL4505.4232 against the greenback, up from ZWL4771.3854. This marked a significant week-on-week increase of 6%,

Zimbabwe's Consumer Price Index (CPI) soared to 120.67 in January 2024, representing a month-on-month inflation rate of 6.6%. This indicates a significant increase from the December 2023 rate of 4.7%.

Khayah Cement formerly Lafarge Cement Zimbabwe Limited, reported a significant increase in cement volumes, with a 117% surge for the six-month period ended 30 June 2023 compared to the same period las

As the world grapples with geo-economic fragmentation due to the Middle East's crisis and the Russia-Ukraine War, the future of lithium remains uncertain. Despite the global push for a carbon-free eco

Zimbabwe Energy Regulatory Authority (ZERA)has increased the fuel prices for the month of June, up from May prices for petrol and diesel in US dollar terms. This is despite global brent crude futures

Global gold prices have started the week on a firmer note, stabilizing around $2,305 per ounce yesterday, following a 3.5% drop on Friday - the largest daily decline since November 2020. Investor sen

Zimbabwe's month-over-month headline inflation rate moderated to a zero percent print in June 2024, having receded from the prior negative territory of -2.4% observed in May, according to the nation's

International gold prices have risen to US$2 473 per ounce on the 16th of July 2024, setting a new record high for the bullion price. Previously, a record high was observed on 20 May 2024 when the pr

Zimbabwe's largest corporate entity, Zimbabwe Platinum (Zimplats), has reported a significant decline in earnings for the financial year ended 30 June 2023 attributed to a confluence of factors, inclu

n a sign of mounting economic pressures, the August 2024 inflation rate for Zimbabwe's national currency, the Zimbabwe Gold (ZiG), hit a new high, marking the first time the legal tender has seen sign

Lithium carbonate prices have plummeted to CNY 75,000 per tonne equivalent to US%10.5k , marking the lowest level in over three years amid increasing fears of oversupply. Miners are ramping up product

The Retailers Association of Zimbabwe (RAZ) has urged the government to abandon the pegged exchange rate system in favor of a market-determined exchange rate, believing this shift could revitalize the

Zimbabwe's gold exports made a significant leap in August 2024, accounting for 37.9% of total exports, up from 34.2% in July and 30.5% in June, according to Zimstat's latest data. May still holds the

Bikita Minerals has made the strategic decision to reduce its contractor base as it scales back output in response to challenging lithium market conditions. The DMS plant is set to be shut down in Oct

Gold prices have continued their upward trajectory, reaching a new record high of US$2,750 per ounce on October 23, 2024. This surge is driven by gold's status as a safe-haven asset amid escalating ge

Gold exports in September 2024 surged to 40.2%, up from 37.9% in August and 34.2% in July while tobacco exports, partly or wholly stemmed, followed closely at 19.3%, marking a notable growth from 13%

According to Statista, India leads global sugar consumption, followed closely by the European Union and China. By 2024/2025, global sugar consumption is projected to reach 182 million metric tons. Bra

RioZim, formerly a leading gold producer, has reported a dismal half-year performance for the period ending June 30, 2024, characterized by declines in both production and earnings. This underwhelming