Zimbabwe
Zimbabwe
Most Insignificant Drop for the Zimbabwe Dollar as RBZ Hints of Gold-Backed Currency
Embattled Zimbabwe dollar dropped -2% against the greenback on the latest Auction Market held on 25th April 2023, from ZWL1000.0227 to 2WL1021.2072, the least depreciation since the year commenced. Th
Apr 26, 2023
World
African Markets Update: Malawi Stock Exchange Surpasses Zimbabwe Stock Exchange for the Leading African Exchange Market
The Organisation of Petroleum Exporting Countries (OPEC) insists that the use of fossil fuels is the best option to address the forecast of a 13% increase in demand, despite the fact that they have po
Apr 25, 2023Commodities Perspective Corner: Ukraine Grain Deal with Poland Provides Lifeline but Concerns Remain for African Importers
Ukraine recently struck a deal with Poland to resume grain exports overland after a temporary ban. While this provides a lifeline for Ukraine to export its grain, the fate of its seaborne exports from
Apr 20, 2023The Persistent Electricity Crisis in Zimbabwe: Ramifications for Businesses and the Quest for Sustainable Resolutions
Zimbabwe continues to grapple with a protracted electricity crisis, which poses a considerable operational risk to numerous enterprises within the nation. Consequently, these companies find themselves
Apr 18, 2023Erosion of Value in Zimbabwe: Hyperinflation and Exclusion from Old Mutual Limited's Key Performance Metrics - Old Mutual Limited Releases 2022 Integrated Report
The value of the business in Zimbabwe is reduced to zero in Group equity value due to the continued impact of hyperinflation on the Zimbabwean economy. However, the Zimbabwe business remained profitab
Apr 18, 2023Macron's Remarks on Europe's Non-Involvement in US-China Conflict over Taiwan: Implications for Africa's Trade
In recent remarks, French President Emmanuel Macron emphasized Europe's stance on non-involvement in the escalating conflict between the United States and China over Taiwan. The situation has been gro
Apr 17, 2023Tharisa's Operational and Market Updates: Karo Resources' Development and Zimbabwe's PGM Potential
Tharisa, the South African chrome and platinum group metals (PGM) miner, recently announced its operational and market updates for the second quarter of its financial year. The company's CEO, Phoevos
Apr 14, 2023