The government has reported that it has saved ZWL$ 500 bn in expenditure after intensifying scrutiny on procurement by ministries, departments, and agencies. The government had seen leakages of funds
May 29, 2023
With the changing of the seasons and Zimbabwe entering into its coldest period of the year (June and July) an economist would expect the demand for electricity to increase. With this, we one would exp
May 19, 2023
During the 14th Post Cabinet Press Briefing, the government announced its efforts to ensure that consumers can access basic commodities at affordable prices while protecting them from unfair trade pra
May 17, 2023
Zimbabwe Stok Exchange listed ETF Cass Saddle Agriculture Exchange Traded Fund has published its financial results for the period ending 31 December 2022. The fund which has exposure primarily in the
May 05, 2023
The 12th Post Cabinet Press Briefing published on the 2nd of May marked Day 50 in the implementation of priority projects for the 1st 100-Day Cycle of 2023. Cabinet received reports from respective Mi
May 04, 2023
In a cautionary announcement dated 27 April, the listed company Econet Wireless Zimbabwe Limited (“the company”) detailed its proposed Rights Offer. This comes 20 days after considerations began with
May 02, 2023
Vietnam is a significant player in the cement industry and its production capacity is of concern to smaller players such as Zimbabwe and other African players. In 2021 it, along with Turkey, was one o
Apr 03, 2023
The highlight economic topic in the cabinet press briefing dated 28 March 2023, was Joram Gumbo’s presentation of the projects that had been implemented by the Second Republic during the period 2018 t
Mar 30, 2023
The three major sources of corporate financing are retained earnings, debt capital, and equity capital. Debt capital has been restricted by the tight monetary policy environment which continues to str
Mar 27, 2023
The acting Minister of Foreign Affairs informed the nation that he held a meeting with the Minister of External Affairs and Education of India on the sidelines of the United Nations Conference on Leas
Mar 22, 2023
Zimbabwe Stock Exchange-listed financial outfit, ZB Financial Holdings (ZBFH) has increased its investment portfolio by increasing its stake in ZSE-listed Mashonaland Holdings. ZBFH says it now holds
Mar 20, 2023
In the fifth post-cabinet press briefing an update on the country‘s Response to the COVID-19 Pandemic was received which reported that 1 death was recorded during the week under review, compared to th
Mar 16, 2023
Silicon Valley Bank (SVB) is the latest victim of the tight global monetary environment that has persisted since 2022. The bank was ranked as the 16th biggest bank in the U.S. at the end of 2022, with
Mar 13, 2023
Zimbabwe like all other countries would be wise to consider the economic costs of health disasters. It is fair to believe that the COVID-19 pandemic and the consequent lockdowns shifted the perception
Mar 09, 2023
Powerspeed Electrical Limited has gazetted its group’s first quarter trading results for the period ended 31 December 2022. Although the group was delisted from the Zimbabwe Stock Exchange (ZSE) on 18
Mar 06, 2023
In a recent social media post, the Deputy Chief Secretary to the Cabinet of Zimbabwe, George Charamba, made a statement regarding the contribution of diaspora remittances to the country's economy. He
Feb 28, 2023
The South African National Treasury's recent projection of an increase in economic growth has sparked optimism among the country's economists. This is a good sign for Zimbabwe because South Africa is
Feb 23, 2023
Zimbabwe Stock Exchange-listed company Ariston Holdings Limited (ARIS.zw) has seen mixed performance across its business units. Its main product categories are tea and macadamia nuts. The third busine
Feb 21, 2023
The Company suffers a slump in volume performance following a major breakdown that was experienced on a Sub-vertical Rock Winder (“SVR”) at the Trojan Nickel Mine. The SVR is used to hoist material (o
Feb 16, 2023
In this article, we will analyse the current performance of Amalgamated Regional Trading Limited (“the company, or “ART Corp”) as the base performance at which It will enter the looming recession. The
Feb 13, 2023
On the latest RBZ-governed auction market held on September 26, 2023, the Zimbabwe dollar experienced a weakening, reaching ZWL5252.6558. This depreciation further reinforces the losses from the previ
Unifreight Africa Limited, a transportation and logistics company, has reported a half-year loss for the period of six months ended 30 June 2023, as stated in the latest financial results of the Group
Zimbabwe's daily electricity generation dipped to 1556 megawatts from the previous day's record of 1681 megawatts, as reported by the Zimbabwe Power Company in its latest data release. Hwange Power S
Padenga Holdings Limited, a diversified company listed on the Zimbabwe Stock Exchange, reported an increase in its gold and crocodile volumes output during the six months that ended on June 30, 2023.
The South African Rand opened the week on a weaker note against the US dollar, despite the continued imposition of high interest rates. The currency was trading at 18.9 against the US dollar, approach
Zimbabwe's electricity generation reached its highest output on September 25th, as reported by the Zimbabwe Power Company. This is the highest outturn in three months. A total of 1681 megawatts was
The global sugar industry is currently grappling with adverse El Nino weather conditions, leading to a substantial projected deficit in major producing countries such as Europe, China, India, Thailand
Cottco Holdings Limited has announced in its trading update for the year ending August 31, 2023, that the government is edging closer to obtaining an additional controlling stake in the company. Prese