Zimbabwe

Zimbabwe

TSL Retreat from Nampak's $25 Mn Deal: An Immature Romance Doomed by Shareholder Scepticism

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

14 hours ago
World
A Strategic Bargain? U.S. Seeks to End Zimbabwe Sanctions

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)

 17 hours ago
World
Gold ETFs Soar with $5.5B Inflows in August: Could a Gold-Backed ETF Work Locally?

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

 1 day ago
Zimbabwe
Weekly Currency Review: Is ZiG’s Stability Fundamentally Driven or Cosmetically Defined?

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

 1 day ago
Zimbabwe
Zimbabwe’s Power Output Dips as Hwange Unit 3 Goes Offline for 44 Days

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

 Sep 11, 2025
Zimbabwe
Big Win for Zim Agriculture: Government Remove Taxes, Slash Costs

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

 Sep 10, 2025
Zimbabwe
No Tax Clearance, No Road Access: ZIMRA Crackdown on Public Transport Operators

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

 Sep 10, 2025
Government grossly overestimates maize output :What else could it be misrepresenting?

Zimbabwe had projected a GDP growth of 6% in 2025, the Southern Africa region’s fastest and a record high in recent years. The growth was largely premised on a rebound in Agriculture anchored on maize

Sep 05, 2025
Zimbabwe Unlocks China’s Blueberry Market with New Phytosanitary Deal

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

Sep 05, 2025
Diesel Prices Static, Petrol Drops Slightly: Zimbabwe’s Costly Fuel Market

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

Sep 05, 2025
Gold Shoulders Economy, Deficit Nearly Extinct

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

Sep 03, 2025

Zimbabwe’s Dual-Currency Inflation Eases: ZiG, USD Show Downward Trend

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

Aug 31, 2025

Africa’s Solar Imports Hit Record High, Zimbabwe Lags Over Policy , Costs

Africa’s solar energy landscape underwent a dramatic transformation, with solar imports from China soaring by 60% to a record-breaking 15,032 megawatts (MW) across 20 nations in the 12 months ended Ju

Aug 27, 2025

RBZ Redesigns ZiG : Should People Fear a Repeat of Past Currency Failures?

The Reserve Bank of Zimbabwe (RBZ) is redesigning its Zimbabwe Gold (ZiG) banknotes to improve their quality, durability, and security features, as part of its broader de-dollarisation strategy aiming

Aug 26, 2025

Deceptive Strength: ZiG’s Stability Masks Growing Arrears Crisis

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.

Aug 25, 2025

Weekend Read: Delayed Government Payments Cripples Contractors, PGM Exporters

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

Aug 22, 2025

Housing  Prices Surge 80% in Five Years, Average Home Costs US$240,000

Zimbabwe’s property market has become one of the region’s most paradoxical phenomena, with house prices soaring 80% over the past five years from 45% a decade ago according to the ZimProp Expo 2025.

Aug 22, 2025

PPC Sells Arlington Estate for US$30M

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

Aug 21, 2025

A Look into Zimbabwe’s Street Vending Ban: Economic Formalisation vs. Informal Livelihoods

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

Aug 21, 2025