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

PPC Ltd (PPC), through its Zimbabwean subsidiary PPC Zimbabwe Ltd (PPCZ), in which it holds an 88% stake, has taken a significant step in optimizing its asset portfolio by concluding an agreement on 2

Rainbow Tourism Group (RTG), Zimbabwe’s second-largest hotel group, has made a bold move to expand its regional footprint by acquiring a seven-storey commercial property in Cape Town, for ZAR98 millio

In early August 2025, Zimbabwe’s government issued a one-month ultimatum to ban street vending and second-hand clothing sales, aiming to formalise the economy and enhance urban order. This policy has

Targeting to dictate terms to the Russian leader, the outcome on August 15th wasn’t expected, as Putin became the face of the meeting, refusing to end the war and leaving with a one-goal lead. For ove

Willdale Limited, Zimbabwe’s only listed brick manufacturer, is grappling with significant challenges in its core brick-making business while pinning its hopes on a property investment strategy to dr

Caledonia Mining Corporation, the third largest gold producer in the country achieved a record-breaking gold production in the second quarter of 2025, driven by exceptional output at Blanket Mine, the

Zimbabwe’s gold sector continued its upward trajectory into 2025, building on the record highs achieved in 2024. In June 2025, revenues hit a peak of $393.87 million, surpassing the May 2025 record of

Gold prices rose 0.3% in July 2025, closing at US$3,299 per ounce, driven by tariff-led inflation expectations and geopolitical risks, per the Gold Return Attribution Model (GRAM). A stronger US doll

ampak Zimbabwe Limited, the country’s largest packaging firm, reported a challenging third quarter ending 30 June 2025, driven by heightened competition amid growth in informalization and persistent p

The Reserve Bank of Zimbabwe (RBZ) has released its 2025 Mid-Term Monetary Policy Statement, themed "Walking the Talk and Staying the Course to Durably Anchor and Consolidate Stability," highlighting

The Zimbabwe Gold (ZiG) closed the week ended 8 August 2025 at an exchange rate of 26.7605 against the USD, reflecting a marginal appreciation from 26.7369 the previous day and aligning with the rate

CBZ Bank, Zimbabwe’s largest financial institution by deposits and assets, has appointed Valeta Mthimkhulu as its new Managing Director, marking a significant milestone in the bank’s leadership journe

The U.S. Embassy in Harare has temporarily suspended all routine immigrant and non-immigrant visa services, sparing most diplomatic and official visas. This decision, driven by Zimbabwe’s 10.57% B-1/

Zimbabwe’s manufacturing sector has emerged as a cornerstone of the economy, now contributing 15.3% to GDP, surpassing mining (14.5%), wholesale and retail trade (11.9%), financial services (10.8%), a

The Zimbabwe Gold (ZiG) has reached an exchange rate of 26.7724 today, continuing a period of relative calm that began in early June 2025. This stability in both the official and parallel markets is

The demand for gold grew significantly in the second quarter, reaching a record value of $132 billion, a 45% increase from the previous year according to the World Gold Council. The total amount of g

Zimbabwe’s banking sector has demonstrated notable strength in the first half of 2025, as highlighted by Finance, Economic Development, and Investment Promotion Minister, Professor Mthuli Ncube, in th