OPEC+ has Made a decision to maintain production levels at current levels despite widening supply gaps in the market. The decision comes at a time China is expected to see spikes in demand as the late
Dec 05, 2022
At 321%, Zimbabwe tops the World Bank's (WB) list of countries severely afflicted by food inflation, among war-torn Lebanon and Venezuela, whose political and economic crises have left worrisome rates
Increasing economic activity in various key sectors of the economy such as, among others, mining, agriculture and construction coupled with cushioning the public service from global shocks and domesti
In March 2022, Russian President Vladimir Putin demanded that "unfriendly countries" use rubles to purchase his country's oil and gas, sending energy prices even higher as markets continue bearishly.
BlockFi cryptocurrency company is the latest casualty in the crypto business following the collapse of Sam Bankman-Fried’s FTX Bahamas-based company. On Monday, Nov. 28, BlockFi filed for bankruptcy p
Zimbabwe's merchandise exports continue to narrow down the undying trade deficit with the latest skyrocket of 11.9% recorded during month of September . That has seen off the nation's trade deficit by
According to the International Monetary Fund, other economies are also having difficulties (IMF). However, in terms of economic growth, the UK ranks last within the G7 group of advanced industrial
The Reserve Bank of Zimbabwe (RBZ) has introduced a Collateral Registry as it moves to enhance financial inclusion and increased access to finance through expanding the range of qualifying collateral
ZSE- listed, Innscor Limited subsidiary, National Foods Limited recorded unpleasing Q3 volumes accusing the recent unusual presiding fiscal and monetary stance. The food processing company was greatly
ZSE-listed beverages giant, Delta Corporation, released a stellar financial performance for the six months ended 30 September 2022 despite operating in a trading environment characterized by unstable
ZSE-listed retail and distribution cooperation company, Axia Cooperation Limited, recorded a decline in volumes, pointing fingers at the presiding fiscal and monetary policy environment.
ZSE-listed Quick Service Restaurant (QSR) provider, Simbisa Brands, recorded a 36.2% increase in total customer count for the first quarter ended September 30th 2022.
On the 10th of November, the Reserve Bank of Zimbabwe rolled out the Central Bank Digital Currency (CBDC) consumer survey, which seeks to gauge the readiness of the public in accepting the financial i
ZSE Listed private company, Zimpapers has published its trading update with reduced volumes traded across the group, propelled by declining aggregate demand in the economy
Steward bank, Zimbabwe’s largest bank by depositors and a subsidiary of Eco Cash holdings Limited continues to get escalating 3-figure growth rates since 2019 with the latest growth rate of a 223%
There are likely to be further swings in the share price until the drilling and sampling process is completed. The counter’s future prospects clearly lie in the outcome of the exploration across a num
Zimbabwe’s broad money supply (M3) stood at ZW$1,917 billion for the month of September 2022, up 19 percent from the previous month and over 420 percent year on year. Foreign Currency Accounts (FCA) a
14 Countries have expressed clear intentions to join The BRICS. Why Zimbabwe is not on this list has stirred some interest in the local economic community. Given close ties with a majority of the memb
Despite massive blackouts which are rattling the Sub-Saharan continent from Kenya to South Africa to Nigeria, and Zimbabwe, Africa still boasts with significant untapped fossil and renewable resource
