Companies
Price Controls Squeeze Meikles Retail Sells: As Consumers Flock to Informal Market
Food security is a critical component of a stable currency and economy. Everyone in a society must spend money on food, regardless of their income level. In an inflationary environment like Zimbabwe,
Jun 24, 2024
Companies
Khayah Cement Rebounds with 38% Volume Growth After Dismal 2022: Insights into the Latest Performance
Cement producer Khayah Cement, formerly known as Lafarge Cement Zimbabwe, has rebounded to production growth following a dismal 2022 performance. In the just-concluded 2023 fiscal year, the group reco
Jun 19, 2024
Zimbabwe
Corruption and Economy: ZACC to Probe Wicknell Chivhayo Over 'Online' Corruption Allegations
he Zimbabwe Anti-Corruption Commission (ZACC) has announced that it will interview three prominent Zimbabwean businessmen - Wicknell Chivhayo, Mike Chimombe, and Moses Mpofu - regarding leaked audios
Jun 17, 2024
World
$80 Million Partnership: Unpacking CBZ, Afreximbank’s Landmark Financing Agreement
BZ Bank and African Export Import Bank (Afreximbank) have signed two financing facilities worth a total of US$80 million to support Zimbabwean exporters. The first facility is a US$60 million line of
Jun 17, 2024
Zimbabwe
Zimbabwe Zero Rates Gold Deliveries: Uncovering Incentives Behind the Policy Shift
The government has implemented a zero-rating policy for gold deliveries to Fidelity, the state-owned gold buying entity. This policy change comes after gold deliveries have been sustaining a downward
Jun 13, 2024
Companies
From Barren Lands to Millions of Bucks: Westprop's Pokugara Residential Estate Triumph
Westprop Holdings Limited, a leading real estate developer in Zimbabwe, has reported a strong financial performance in the first quarter of 2023 generating US$5 million in revenue from its premium Pok
Jun 11, 2024
Zimbabwe
Assessing ZiG’s Performance in 2 Months: Currency Gamble Implodes, Worst in Decade
In the latest currency saga in Zimbabwe, the newly introduced Zimbabwe Gold (ZiG) has struggled to maintain stability against the US dollar. Since its launch just two months ago on the parallel market
Jun 10, 2024
Zimbabwe
What Does Revival of Bilboes Mean for Zim's Gold Arena in Near and Long Term?
Caledonia Mining Corporation has announced that it will revive the Bilboes Mine operations in Zimbabwe through a single-phase development approach, a decision expected to provide improved cash generat
Jun 05, 2024