TSL Limited, a Zimbabwean conglomerate with interests in logistics, agrochemicals, and packaging, has terminated its US$25 million bid for a 51.43% stake in Nampak Zimbabwe, the country’s leading pack

The United States Congress has introduced H.R. 5300, the Department of State Policy Provisions Act, which includes provisions to repeal the Zimbabwe Democracy and Economic Recovery Act of 2001 (ZDERA)

Physically backed gold ETFs in August had inflows of US$5.5 billion, marking three months in a row of positive flows. Gold-backed ETFs are investment funds that hold physical gold and are traded on s

The local currency, the ZiG, has maintained a stable performance for nearly a year, marking a significant milestone in the country’s economic landscape. On September 16, 2025, the ZiG opened the week

First Capital Bank, a premier financial institution in Zimbabwe, has disbursed USD 2.1 million in ESG-linked lending to empower women, youth, and underserved communities in the half-year ended 30 June

The Tigere Real Estate Investment Trust (“the Trust” or “the REIT”) is in advanced negotiations with related parties to acquire two income-producing assets for its portfolio, according to its latest c

The Zimbabwe Electricity Supply Authority (ZESA) has announced that Hwange Unit 3, one of its older 80MW generators, will be taken offline for 44 days from September 10 to October 24, 2025, to undergo

The government has introduced significant reforms to ease the regulatory and financial burdens on the agricultural sector, particularly in livestock, dairy, and stockfeed industries. The Ministry of

The Zimbabwe Revenue Authority (ZIMRA) has introduced a stringent enforcement mechanism for revised presumptive tax rates targeting the public transport sector, including commuter omnibuses known as k

Zimbabwe has secured a significant opportunity to export blueberries to China following the signing of a phytosanitary protocol during President Emmerson Mnangagwa’s recent visit to China, according t

Zimbabwe’s fuel prices have seen a minor adjustment, with petrol prices dropping by one cent from $1.56 in August to $1.55 in September, while diesel prices have remained unchanged at $1.55, according

Gold experienced a robust rally at the end of August, reaching US$3,429 per ounce, a 4% increase for the month, bringing its year-to-date gain to an impressive 31%. Despite a weaker US dollar, gold a

Zimbabwe has achieved a historic milestone by recording its lowest trade deficit ever in July 2025, with the deficit plummeting by 94.5% to USD 8.7 million from USD 158.6 million in June 2025. This pe

Zimbabwe’s inflation, measured in both ZiG (Zimbabwe Gold) and US dollar terms, experienced a significant decline in August 2025, signaling improved macroeconomic stability. According to Zimstat, an

After triggering a trading halt on the Australia Stock Exchange 4 days ago, Invictus Energy went on to announce a major development with a potentially consequential impact on the company’s future pros

ZB Financial Holdings, Fusion Essence, Life Central, digital transformation, core banking system, insurance system, Smile Cash, financial inclusion, Zimbabwe banking, ESG strategy,

In the week to 25 August 2025, the Zimbabwe Gold (ZiG) exhibited remarkable stability, experiencing a marginal depreciation of 0.02%, moving from an exchange rate of 26.7683 on August 19, 2025, to 26.

Throughout history, the world has typically adopted the currency of the dominant economic and geopolitical power for global payments. This leading nation often provided “global public goods,” such as

Bitumen World, one of Zimbabwe’s largest construction contractors, has announced job cuts due to severe cash flow pressures stemming from delayed government payments. In a statement, the company said

CBZ Holdings, Zimbabwe’s largest bank by assets, and deposits, has reported a significant surge in non-funded income, rising from ZWG 1.5 billion in the first half of 2024 to ZWG 1.9 billion in the fi