The mining sector is the second largest national income generator after wholesalers and retailers producing 11% of national income, 83% of exports, 19% of government revenue, 2% of direct formal
Dec 06, 2022
OPEC+ has Made a decision to maintain production levels at current levels despite widening supply gaps in the market. The decision comes at a time China is expected to see spikes in demand as the late
Dec 05, 2022
Zimbabwe's merchandise exports continue to narrow down the undying trade deficit with the latest skyrocket of 11.9% recorded during month of September . That has seen off the nation's trade deficit by
Nov 28, 2022
Agriculture continues to be perceived as the nation’s way out of the poverty trap. With the sector's estimated forecast decline of negative 14% in 2022, the forecast growth figures for 2023, 2024, and
ZSE- listed, Innscor Limited subsidiary, National Foods Limited recorded unpleasing Q3 volumes accusing the recent unusual presiding fiscal and monetary stance. The food processing company was greatly
Nov 18, 2022
ZSE-listed retail and distribution cooperation company, Axia Cooperation Limited, recorded a decline in volumes, pointing fingers at the presiding fiscal and monetary policy environment.
Nov 16, 2022
ZSE Listed private company, Zimpapers has published its trading update with reduced volumes traded across the group, propelled by declining aggregate demand in the economy
Nov 15, 2022
Steward bank, Zimbabwe’s largest bank by depositors and a subsidiary of Eco Cash holdings Limited continues to get escalating 3-figure growth rates since 2019 with the latest growth rate of a 223%
ZimRE Holdings has published its 3rd quarter trading update with stellar financial performance for the trading period under review. The group’s income has increased by 193% in inflation-adjusted terms
Nov 14, 2022
The biggest tobacco contracting company, Voedsale, has been thrown out of the farmer contracting industry by the regulator (TIMB) for its long overdue payments to farmers
Nov 08, 2022
The Zimbabwe Revenue Authority has created the forex Business Partner (BP) account for the forex and mobilized taxation payment direct through an electronic method .
Nov 04, 2022
ZIMSTAT’s latest publication has revealed a shrinking maize import bill, paring 81% compared to the 2021 import bill. The significantly lower recorded import bill proves that Zimbabwe has done justice
People’s Own Savings Bank (POSB), Zimbabwe’s government-owned financial institution, has launched the Instant Payday Loan, a fully automated loan facility designed to empower customers with rapid acce
obacco Industry Marketing Board has reached a record 299.1 million kilograms as of day 71 of the 2025 marketing season, generating US$1,004,477,101 billion in revenue, according to the latest daily
The World Bank’s latest Global Economic Prospects report has painted a sobering picture of the global economy, projecting global growth to decelerate to 2.3% in 2025, the slowest pace since the 2008 f
EcoCash Holdings Zimbabwe Limited has officially changed its name to TN CyberTech Investments Holdings Limited, marking a significant milestone in the company's evolution according to Ecocash holding’
The Zimbabwe Gold (ZiG), has sustained marginal erosion as it struggles to find course. Week on week, the ZiG closed at 26.9768 per USD on the 1th of June 2025, a marginal decline from 26.9401 the pr
Edgars Stores Limited, Zimbabwe’s largest clothing listed on the Victoria Falls Stock Exchange has invested US$1 million in its Carousel Manufacturing division according to the group’s latest financ
Gold prices ended May 2025 nearly unchanged, dipping just 0.7% to US$3,278 per ounce. Despite this flat finish, prices bounced around during the month due to mixed economic signals. Gold has had a st
Zimbabwe’s year-to-date gold deliveries have risen to 15.8 tonnes, the highest on record according to the latest data from Fidelity Gold Refinery (FGR). This was despite May deliveries decreasing by
