South Africa’s government slammed a report published by US President Donald Trump’s administration that said the human-rights situation in the African nation “significantly worsened” last year. The review published by…
Gold and platinum shares have stolen the show on the JSE this year, with returns as high as 161% in the case of Sibanye Stillwater, helping power the JSE to new…
Gold held a modest gain following a US inflation reading that was in line with expectations and reinforced wagers on an interest-rate cut next month. Bullion was steady after closing…
Elon Musk lashed out against Apple’s app store practices late on Monday, accusing the iPhone maker of favouring OpenAI. The billionaire founder of xAI Holdings, which now houses the Grok…
ZIMTRADE, the country’s trade development and export promotion organisation, is positioning Zimbabwe’s horticulture farmers to tap into the European Union (EU)’s lucrative pea market.While the global market for peas offers diverse opportunities across continents, ZimTrade says Europe remains the major potential customer for local producers.In its latest newsletter for July, the organisation urged farmers to…
THE Postal and Telecommunications Regulatory Authority of Zimbabwe (Potraz) is set to embark on a major infrastructure upgrading program to bolster internet connectivity nationwide.In an interview with The Financial Gazette, the Potraz chairperson, Tawanda Zvobgo, said that the strategic endeavour is poised to not only improve connectivity but also foster economic growth by upgrading and…
ZIMBABWE’s estimated tourism receipts declined by 16 percent to US$202 million during the first quarter of 2025 compared to US$241 million recorded in the comparable period last year, official figures show.According to the 2025 Mid-Term Budget and Economic Review, tourism receipts dropped both on the international and domestic front.Tourism investments also dropped by 25 percent…
THE government has revised upwards the growth forecast for the agriculture sector to 21,1 percent from 12,8 percent touted earlier, following better than anticipated results from the latest crop and livestock assessment.The second round Crop and Livestock and Fisheries Assessment (CLAFA 2) undertaken by the agriculture ministry points to a significant improvement in almost all…
ZIMBABWE is on track to break its record for tobacco production in the 2024/25 agricultural season, driven by a substantial increase in seed purchases and more favourable weather forecasts. Last…
TREASURY made payments of US$176,28 million for external debt service during the period from January to June 2025, official figures show.The payments include US$93,72 million towards the active portfolio, US$79,75 million for legacy debts and US$2,81 million in token payments to the International Financial Institutions and the 16 Paris Club Bilateral Creditors.Minister of Finance Mthuli…
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