However, the two countries' experiences with maize production highlight the need for a more coordinated approach to agricultural development in the region. South Africa's success in increasing maize p
May 26, 2023
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
he parallel market rate, which is neither overvalued nor determined by the government shoot by 40% within one week to US$1: ZWL5000 on the 26th of May 2023, one of the worst performances since the re-
The embattled Zimbabwe dollar continued on a freefall after depreciating by another record 26% on the RBZ-governed Auction Market held on the 23rd of May 2023. This was the biggest weekly decline sinc
Listed clothing retailer, Truworths Zimbabwe Limited has introduced United States Dollar (US Dollar) credit sales effective the 1st of April 2023 to offset losses through inflationary pressures and re
Axia Corporation released their trading update for the third quarter ended March 2023, demonstrating satisfactory performance despite facing significant exchange rate volatility and economic distortio
Simbisa Brands released their trading update for the third quarter ended 31 March 2023, demonstrating the group’s resilience in the face of significant economic headwinds. The fast-food giant reported
In conclusion, Zimpapers' first quarter trading update paints a challenging picture for the media group, but the company remains optimistic about the future. The management's commitment to improving t
On the 18th of May, 2023, Caledonia Mining Corporation Plc entered into an "At the Market" or "ATM" sales agreement with Cantor Fitzgerald & Co in which Caledonia may, at its discretion from time to t
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
As the election watershed nears, President Mnangagwa says he has put in place all the key fundamentals to hold free, fair and credible elections. Addressing a High-Level Debt Resolution Forum on Zim
ransport and logistics Company, Unifreight Zimbabwe Limited says the recent measure put by Finance and Development Minister, Professor Mthuli Ncube that except 11 basic goods from paying tax is a disr
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
Embattled Zimbabwe dollar recorded its worst weekly performance on the 16th of May 2023 after depreciating by a record 14% against a single greenback on the RBZ-governed Auction Market. The Auction Ma
First Mutual Properties a subsidiary of First Mutual Holdings which specialises in the development and management of commercial properties says the rapid depreciation of the local currency remained a
Trading was suspended because investors were trying to grab any shares they could get their hands on in response to the depreciating local currency, against the greenback.
In concluding, the FIU said it has directed financial institutions to unfreeze all accounts and other financial assets that had been frozen pursuant to the directive of March 31, 2023. The unfreezing
