Gold climbs to record on fears for US economy

GOLD touched a fresh all-time high above US$3 000 an ounce as investors weighed US data that fuelled concerns about an economic slowdown, while an escalation in Middle East tensions further underscored the precious metal’s haven appeal.

Old Mutual Group posts highest profit since 2019

OLD Mutual Group reported its highest profit since 2019, buoyed by rising demand for its short-term insurance  and wealth management products at home in South Africa.

Audi jobs cut to prop up weak profitability

Volkswagen AG’s Audi plans to cut as many as 7 500 positions in Germany by 2029 as the automaker tries to shore up its flagging profitability.

Zimplats to resume sulphur dioxide plant later this year

PLATINUM Group of Metals (PGM) producer, Zimplats says phase two of its sulphur dioxide(SO2) abatement plant will resume construction in the first quarter of financial year 2026 and is expected to be completed in June 202

Consumer protection policy nears finality: Minister

THE Industry and Commerce is finalising the National Consumer Protection Policy, a comprehensive blueprint meant to advance consumer rights and foster a fair marketplace, a Cabinet Minister said.

Bravura Group lauds Zim investment climate

PAN-AFRICAN mining investor, Bravura Group, has commended President Mnangagwa for driving investment policy reforms in Zimbabwe, which has enabled them to successfully establish two mining companies in the country and contribute to its transformative agenda.

Zimbabwe to sign a Double Taxation Agreement with Ethiopia

Senior Business Writer Zimbabwe is poised to sign a Double Taxation Agreement (DTA) with Ethiopia, a move that will boost trade and investment between the two nations. On the sidelines…

Reserve Bank of Zimbabwe Celebrates Global Money Week

Online Business Writer THE Reserve Bank of Zimbabwe along with several financial institutions, is participating in Global Money Week (GMW) 2025 to inspire the next generation to make informed financial…

Investment bank boom creates more millionaire earners in EU

The boom in dealmaking and trading has boosted the ranks of high earners at some of Europe’s banks, creating a stark divide with lenders that rely less on those businesses.

Kuvimba targets 13pc jump in gold output

Business Reporter KUVIMBA Mining House (KMH) is targeting 3 600 kilogrammes of gold this year, driven by higher ore volumes and improved processing plant efficiencies.

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