Business Articles

Zimbabwe Sets Sight on Sustained Gold Output as Government and Miners Chart Path to 2026 Target

Johnson Progress Gold producers are in active discussions with the Government of Zimbabwe to establish and strategize around the country’s gold production targets for 2026, following a robust performance in 2024 where output surpassed 46 tonnes. These high-level...

ZiG Currency Gains Momentum as Zimbabwe’s Gold Production Hits Record High

Johnson Progress Zimbabwe's new gold-backed currency, ZiG, is projected to maintain its stability through the year, bolstered by the nation's record-breaking gold production in 2025, which has substantially fortified the reserves underpinning the monetary unit,...

TIMB Targets Record 360m kg Harvest as Tobacco Season Begins

Vongai Masuka The Tobacco Industry and Marketing Board (TIMB) has officially launched a nationwide "quality push" as the 2025-26 tobacco harvesting season kicks off, urging farmers to adhere to strict handling protocols to protect a projected record-breaking crop....

RBZ Cancels ZB and FBC Building Society Licences

Staff Reporter In a major shake-up of Zimbabwe’s financial and economic landscape, the Reserve Bank of Zimbabwe (RBZ) has cancelled the operating licences of two prominent building societies, while the Government has simultaneously introduced sweeping customs duty...