Zimbabwe's tobacco export earnings reached an unprecedented $1.3 billion in 2024, marking the second consecutive year the industry has surpassed the $1 billion milestone. This achievement builds on t

Zimbabwe's trade deficit has surged significantly to US$196 million, representing a 318.2% increase from $46.9 million in November 2024, which was the lowest deficit since November 2021. Gold exports

The Confederation of Zimbabwe Retailers (CZR) has sharply criticised the dual currency system currently in place, asserting that it disproportionately favours the informal sector at the expense of for

Zimbabwe's raw milk production increased by 14.9% in 2024, reaching a record high of 114.7 million litres, surpassing the previous peak of 100 million litres set nearly two decades ago. This achievem

The ZSE’s most valued company and the country’s biggest beverages maker Delta has released a trading update for the 3 months period to December 2024 painting a very dull picture on performance, one of

The Zimbabwe Investment and Development Agency (ZIDA) has successfully achieved its goal of fully digitalising its operations in the fourth quarter of 2024, according to its latest Q4 2024 report. Th

The Tobacco Industry and Marketing Board (TIMB) has announced new deadlines for license applications for both contractors buying and ‘A’ class buying licences. The dates have been moved to 31 March 2

The Confederation of Zimbabwe Industries (CZI) has expressed concerns regarding the insufficiency of governmental initiatives aimed at stabilizing the local currency. In its recent report, "Inflation

Old Mutual’s Top Ten Exchange Traded Funds (OM TT ETF) will be delisted from the Zimbabwe Stock Exchange (ZSE) effective 17 January 2025 after unit holders applied for a voluntary termination due to t

EcoCash Holdings has reported an 80% increase in revenue for the quarter ended 30 November 2024 from a decline of ZWG 5 billion in the six months ended 31 August 2024 due to improved operational effic

The Zimbabwe Energy Regulatory Authority (ZERA) has announced an increase in fuel prices for January 2025. Diesel prices have risen slightly from US$1.53 per litre to US$1.54, while petrol prices hav

Choppies has sold its operations  to Sai Mart effective 1 January 2025 due to  struggling under the weight of unfavourable government policies favouring informal traders. This follows after the retai

Zimbabwe's trade deficit narrowed by 66% to US$46.9 million in November 2024 from m US$698.1 million in October , attributed  to better exports of gold and tobacco according to the latest Zimstat data

Zimbabwe is likely to face a dark festive season due to persistent power outages. The continued nationwide blackouts and inadequate power generation, which fails to meet demand, support this predicti

Tanganda Tea, a company listed on the Zimbabwe Stock Exchange (ZSE), has made a remarkable turnaround, recording a profit after tax of USD1.4 million for the year ended 30 September 2024. This is a si

The Zimbabwe National Statistics Agency (Zimstat) has revealed a significant 45% uptick in electricity imports, with the country bringing in 611.1 gigawatt-hours (GWh) during the third quarter of 2024

The United States and United Kingdom have imposed stringent sanctions on individuals implicated in gold smuggling and money laundering operation based in Zimbabwe, effective December 9, 2024.

Nampak Zimbabwe, the country's largest packaging company, is nearing completion of its $25 million merger with TSL Limited. According to the latest circular released by the group, the bidder has acce

The Competition and Tariff Commission (CTC) has issued a ruling against CBZ Holdings' proposed acquisition of additional shares in First Mutual Holdings (FML). This decision follows CBZ's purchase of

Zimbabwe Energy Regulatory Authority (ZERA)has increased the diesel prices for the month of December, from November in US dollar terms. Diesel prices added with 1% to   $1.54 per litre from $1.52.