ZIMBABWE has huge potential to maintain the prevailing strength and stability of its local currency anchored by the sustained ...

Backing for Zimbabwe’s gold-backed currency, the ZiG, surged to a record level in June, as authorities prepare to transition ...

The Chamber of Mines of Zimbabwe (CoMZ) blamed the job losses on frequent power cuts and foreign currency shortages, which are crippling miners. Last year, the country experienced power cuts ...

Spread This NewsBloomberg Gold and foreign-currency reserves backing Zimbabwe’s bullion-linked monetary unit rose to a record ...

Zimbabwe's foreign currency receipts surged by 22 percent to US$6 billion in the first five months of 2025, according to the Reserve Bank of Zimbabwe ...

Senegal’s current fuel prices are high at the rate of $1.762 (₦ 2,694.553) because the government has cut back on the money ...

Zimbabwe's foreign currency reserves have maintained strong momentum, with the Reserve Bank of Zimbabwe (RBZ) reporting that, by the end of June 2025, the ...

Spread This NewsBloomberg Zimbabwe’s stock-market performance is being negatively impacted by pension funds’ overexposure to ...

Namib Minerals plans to spend $300 million to restart operations at two of its mothballed gold mines in Zimbabwe and lift production, its chief executive Ibrahima Tall told Reuters on Tuesday.

Soaring prices are driving Zimbabwe's gold output and income, but the government's foreign currency retention rules are eating into producers' earnings, the country's mining industry body said. The ...

The group plans to restart the Mazowe and Redwing mines, which were previously halted in 2018 and 2019, respectively.

Namib Minerals is a newly listed, Africa-focused resource play with only one cash-generating asset, How Mine, and minimal ...