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Citigroup suggests the Southern African nation may be on a path to breaking from its past of economic instability, under the International Monetary Fund's watch. The nation's turnaround has been aided by high gold prices, an emerging lithium sector, and the introduction of the ZiG currency in 2024. Bloomberg Television's Jennifer Zabasajja explains on "Horizons Middle East and Africa." (Source: Bloomberg)...
Zimbabwe, once a poster child of triple-digit inflation, currency crashes and printing money, is breaking with its past as an economic turnaround takes hold, according to Citigroup Inc....
Shares in Old Mutual Ltd. began trading on Zimbabwe's dollar-denominated stock exchange, six years after they were suspended on the country's main bourse to curb a currency rout....
Zimbabwe's dollar-denominated stock exchange has eclipsed the country's 132-year-old main bourse, propelled by the biggest listing in the nation's history....
Zimbabwe Lithium Disruption Has Goldman Eyeing This Trade
Earlier news from Bloomberg that Zimbabwe has suspended exports of lithium concentrates and raw minerals to force miners into local processing has caught the attention of Goldman analyst James McGeoch. He sees a potential trading opportunity in a mineral-exploration company that could be positioned for upside.
Let's begin with the report that Mines Minister Polite Kambamura told reporters earlier that the export ban is effective immediately until further notice. Zimbabwe has one of the largest lithium reserves in Africa and is among the top global producers.
Zimbabwe Suspends Export of Raw Minerals and Lithium Concentrates.
Mines Minister Hon. Dr. P. Kambamura has ordered the immediate suspension of all exports of raw minerals and lithium concentrates, including consignments already in transit, to enforce in-country value addition… pic.twitter.com/acX0CmntoX
— Zimbabwe Economic Review (@ZimbabweReview) February 25, 2026
IMMEDIATE ...