A fresh gold-smuggling scandal has erupted in Kwekwe, President Emmerson Mnangagwa’s hometown, with evidence pointing to a sophisticated network that allegedly siphoned gold worth over US$10 million from Zimbabwe’s gold …
Gold
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The government is thinking about a new way to pay back the country’s debts to other countries. The plan is to use Zimbabwe’s rich natural resources like gold and platinum …
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Gold has hit a fresh all-time high, with silver also surging to a nine-year peak, driven by growing investor optimism about potential US interest rate cuts. This rally in precious …
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According to data released by the Reserve Bank of Zimbabwe (RBZ), Zimbabwe’s earnings from gold exports reached US$240.1 million in the first two months of 2025. This figure represents an …
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BUSINESS NEWS
Gold Hits Record High, Approaching $3,000 as Trade Tensions Escalate
by Kells Dzivaby Kells DzivaGold prices surged to a record high, nearly reaching $3,000 per ounce, as President Donald Trump’s aggressive tariff policies sparked concerns about the potential negative impact on economic growth. This …
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Crime & Courts
Four Foreigners Arrested in Zimbabwe Over Alleged Gold Robbery Plot
by Kells Dzivaby Kells DzivaFour foreign nationals from China, Singapore, and Sierra Leone appeared before a Harare magistrate on Tuesday, facing charges of conspiracy to commit robbery. The group allegedly targeted a Chinese gold …
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Zimbabwe has exceeded its 2024 gold production target, achieving a record-breaking 36.48 tonnes. This surge in output was driven by strong global gold prices and continuous support from the Government, …
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BUSINESS NEWS
Pambili Natural Resources Corporation Secures Option to Acquire Gold Claims in Gwanda
by Kells Dzivaby Kells DzivaPambili Natural Resources Corporation has entered into a 12-month agreement with Long Strike Investments (Private) Limited to potentially acquire gold claims in Gwanda, Matabeleland South Province. The Toronto Stock Exchange-listed …
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Gold climbed to a record ahead of US data prints due later Thursday, with traders also monitoring an increasingly tight presidential race that’s driven demand for haven assets. Bullion climbed …
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Gold hit another record as traders placed stronger bets on Federal Reserve rate cuts this year and weighed an uncertain outlook for US politics. Bullion advanced in Asia hours to …