The embattled local currency has extended its year-to-date losses by 85.3% making it one of the worst-performing currencies in the region. The Zimbabwe dollar plunged to 912.5828 against the greenback
Mar 15, 2023
Africa is home to 30% of the world’s mineral reserves and holds 40% of the world’s gold and at least 90% of its chromium and platinum. It also has the largest reserves of cobalt, platinum, uranium and
The banking sector has come under scrutiny globally, with the listed biggest banks in the world recording a bloodbath from the prior week to date. However, the banking stocks on the Zimbabwe Stock Exc
China the world’s second-largest economy recorded one of its worst years in nearly half a century in 2022 due to strict Covid-19-induced lockdowns and subsequent widespread infections in most Chinese
The market has been relatively flat (0.33% gain) during the past week; however, the Energy sector has seen a significant drop of 5.4%. in the 4-week period there has been gain of 2.62%, and an overall
Mosi Oa Tunya Cigars is the country's first homegrown brand of hand-rolled cigars. To develop a foothold in the upscale cigar market, Bongani Cigars, another recent entry from the region, will have to
CFI issued a notice to shareholders and other relevant stakeholders with regards to the 27th Annual General Meeting (AGM) of the Company. The AGM will be held at 11:00 am on Friday the 31st of March,
The parastatal body responsible for issuing national identity cards and bird certificates, the Civil Registry Department (CRD) has partnered with the Zimbabwe Electoral Commission (ZEC) in a mobile re
Last year they notified us that they will be carrying out consultations and a consumer perception survey. When the survey came, the RBZ said it had to be filled out by the 7th of December. If you miss
The Tobacco Industry and Marketing Board (TIMB) has issued an order to merchants to deduct any money owed by farmers from two years ago, following the opening of the floor with an estimated 8.5% incre
The electoral body, Zimbabwe Electoral Commission, has announced 12 March to 21 March as the final registration days for people to participate in the upcoming harmonised elections. Zimbabwe is one of
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
The Competition and Tariff Commission (CTC) reported an impressive 24 merger deals worth a total of US$1 billion in 2022, directly attributing the figure to the government's policies that encouraged a
Axia Corporation Limited debugged on the Victoria Falls Stock Exchange (VFEX) on Monday, the 6th of March, 2023. This follows the delisting of the counter from the Zimbabwe Stock Exchange (ZSE) on the
Embattled local currency, the Zimbabwe dollar has depreciated by 2% on the latest RBZ-governed Auction Market held on the 7th of March 2023, the Zimbabwe dollar tumbled by 2%, edging closer to US$1: Z
The Russian government has donated 20,000 tons of fertilizer to Malawi as part of its efforts to garner diplomatic support from various African nations. Malawi voted to censure Russia at the United N
HARARE- Over the past 7 days, the market has seen a 1.3% increase, driven by an impressive 5.8% gain in the financial sector, largely contributed by Standard Chartered Bank of Zambia and Zambian Natio
Contrary to popular belief, debts are not necessarily bad for a business and help it grow more quickly. Debts are also a more economical and effective approach to finance a firm when it needs money to
Tunisian President Kais Saied 's crackdown on sub-Saharan African undocumented immigrants, which coincided with arrests of senior opposition figures, was aimed at distracting Tunisia's economic crisis
