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
Zimbabwe's gold deliveries declined by 17.7% month-on-month in February 2024, falling to 2.56 tonnes from 3.1 tonnes in January. This marks the lowest monthly output in over six months since June 2024
The Zimbabwe Energy Regulatory Authority (ZERA) has decreased diesel prices for March, effective 4 March 2025, from February's prices in US dollar terms. Diesel prices went down by 3% from US$1.58 in
he European Investment Bank (EIB Global), in partnership with Stanbic Bank Zimbabwe, has unveiled a €20 million ($21 million) credit facility aimed at bolstering Zimbabwean small and medium enterprise
Zimbabwe's tobacco marketing season commences today, with the agricultural sector projecting a yield of 300 million kilograms of premium flue-cured leaf in 2025. Under the nation's dual-currency set
TSL Limited, a diversified Zimbabwe Stock Exchange-listed company, experienced a sharp 55% decline in profit after tax from continuing operations, falling to US$3.62 million for the fiscal year ended
Ariston Holdings, a Zimbabwean agribusiness, has strategically reoriented its revenue focus from export markets to domestic sales in response to rising operational costs and restrictive export policie
The electricity generation at the Kariba Hydroelectric Power Plant has more than tripled on the 4th of March to 485 megawatts (MW) , marking a nine-month record high since June 2024. This has increas
Plastics and plastic products manufacturer, Proplastics Limited, has announced the resignation of its Chief Executive Officer (CEO), Kudakwashe Leo Chigiya, effective 19 February 2025. The Board of