The government has reported that it has saved ZWL$ 500 bn in expenditure after intensifying scrutiny on procurement by ministries, departments, and agencies. The government had seen leakages of funds
May 29, 2023
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
May 19, 2023
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
May 17, 2023
Zimbabwe Stok Exchange listed ETF Cass Saddle Agriculture Exchange Traded Fund has published its financial results for the period ending 31 December 2022. The fund which has exposure primarily in the
May 05, 2023
The 12th Post Cabinet Press Briefing published on the 2nd of May marked Day 50 in the implementation of priority projects for the 1st 100-Day Cycle of 2023. Cabinet received reports from respective Mi
May 04, 2023
In a cautionary announcement dated 27 April, the listed company Econet Wireless Zimbabwe Limited (“the company”) detailed its proposed Rights Offer. This comes 20 days after considerations began with
May 02, 2023
Vietnam is a significant player in the cement industry and its production capacity is of concern to smaller players such as Zimbabwe and other African players. In 2021 it, along with Turkey, was one o
Apr 03, 2023
The highlight economic topic in the cabinet press briefing dated 28 March 2023, was Joram Gumbo’s presentation of the projects that had been implemented by the Second Republic during the period 2018 t
Mar 30, 2023
The three major sources of corporate financing are retained earnings, debt capital, and equity capital. Debt capital has been restricted by the tight monetary policy environment which continues to str
Mar 27, 2023
The acting Minister of Foreign Affairs informed the nation that he held a meeting with the Minister of External Affairs and Education of India on the sidelines of the United Nations Conference on Leas
Mar 22, 2023
Zimbabwe Stock Exchange-listed financial outfit, ZB Financial Holdings (ZBFH) has increased its investment portfolio by increasing its stake in ZSE-listed Mashonaland Holdings. ZBFH says it now holds
Mar 20, 2023
In the fifth post-cabinet press briefing an update on the country‘s Response to the COVID-19 Pandemic was received which reported that 1 death was recorded during the week under review, compared to th
Mar 16, 2023
Silicon Valley Bank (SVB) is the latest victim of the tight global monetary environment that has persisted since 2022. The bank was ranked as the 16th biggest bank in the U.S. at the end of 2022, with
Mar 13, 2023
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
Mar 09, 2023
Powerspeed Electrical Limited has gazetted its group’s first quarter trading results for the period ended 31 December 2022. Although the group was delisted from the Zimbabwe Stock Exchange (ZSE) on 18
Mar 06, 2023
In a recent social media post, the Deputy Chief Secretary to the Cabinet of Zimbabwe, George Charamba, made a statement regarding the contribution of diaspora remittances to the country's economy. He
Feb 28, 2023
The South African National Treasury's recent projection of an increase in economic growth has sparked optimism among the country's economists. This is a good sign for Zimbabwe because South Africa is
Feb 23, 2023
Zimbabwe Stock Exchange-listed company Ariston Holdings Limited (ARIS.zw) has seen mixed performance across its business units. Its main product categories are tea and macadamia nuts. The third busine
Feb 21, 2023
The Company suffers a slump in volume performance following a major breakdown that was experienced on a Sub-vertical Rock Winder (“SVR”) at the Trojan Nickel Mine. The SVR is used to hoist material (o
Feb 16, 2023
In this article, we will analyse the current performance of Amalgamated Regional Trading Limited (“the company, or “ART Corp”) as the base performance at which It will enter the looming recession. The
Feb 13, 2023
Caledonia Mining Corporation, a leading gold producer, has reported a third-quarter gold production of 18,992 ounces from 21,772 ounces produced in the comparable quarter due to lower grade and reduce
DELTA Corporation , the leading beverage manufacture has posted an increase in revenue to $389.1 million for the half year ended September 2024 from US$350.6 last year. This led to a profit after tax
The Reserve Bank of Zimbabwe (RBZ) announced that the reserves backing the Zimbabwe Gold (ZiG), the fourth currency introduced in nearly a decade, have surpassed US$500 million, reaching US$509 millio
Delta Corporation, a blue-chip entity listed on the Zimbabwe Stock Exchange (ZSE), has encountered significant headwinds in its sorghum beer segment, resulting in diminished sales volumes domestically
Largest bank by deposits and assets, Commercial Bank of Zimbabwe Holdings (CBZ) has recorded an exceptional Q3 performance ended September 30, characterized by billion-dollar revenues, according to th
British American Tobacco (BAT) Zimbabwe, a producer and marketer of premium cigarette brands, is prioritizing cost reduction as a strategic initiative aimed at returning to profitability. The company
Zimbabwe's October gold deliveries surged 22% from September and 12% above October 2023, reaching 4,168 kgs. Small-scale miners produced 3,143 kgs, up from 2,404 kgs in September, while large-scale m
The Zimbabwe Gold (ZWG) currency has exhibited an appreciation on the formal market, recording its third consecutive gain on November 6, 2024. The currency surged 3% from 26.99 to 26.01, translating