Zimbabwe

Zimbabwe

Zimbabwe Targets 50% Boost in 2025  Blueberry Output

Zimbabwe is projecting a 50% increase in blueberry production this year  rising from 8,000 tonnes in 2024 to 12,000 tonnes in 2025 as the country ramps up efforts to diversify its export portfolio and

Jul 14, 2025
Zimbabwe
ZiG Weekly Commentary: ZiG Achieves Record Appreciation, June Outperforms with Robust Late Rally

The Zimbabwe Gold (ZiG) currency exhibited robust appreciation in late June 2025, a trend that extended into July 2024, bolstered by an expansion in gold reserves and sustained tight monetary policy m

 Jul 14, 2025
Zimbabwe
Weekend Read: Zimbabwe’s Gold Rush – Billions Earned, Billions Lost

Gold is Zimbabwe’s golden ticket, shining brighter than ever as the world’s chaos, wars in the Middle East, Russia’s invasion of Ukraine, and shaky U.S. support for Kyiv drive demand for this safe-hav

 Jul 11, 2025
Zimbabwe
ZERA Hikes Fuel Prices for July

The Zimbabwe Energy Regulatory Authority (ZERA) has announced an upward adjustment in fuel prices for the month of July, reflecting both global oil market trends and persistent domestic vulnerabilitie

 Jul 11, 2025
Zimbabwe
Gold, Nickel Pushes Zimbabwe’s Exports to 6-Month Peak: But Import Bill Overshadow Gains

Zimbabwe’s merchandise exports reached a six-month high of USD 727.3 million in May 2025, reflecting a 9.6% month-on-month increase from USD 663.8 million in April 2025, according to Zimstat data. T

 Jul 08, 2025
Zimbabwe
Reclaiming Bread-Basket Status: May Maize Imports Plunge

Zimbabwe’s maize imports plummeted in May 2025, nosediving from a hefty $43 million in April to a mere $31.5 million, a dazzling turnaround sparked by a stellar harvest season that roared to life by J

 Jul 07, 2025
Zimbabwe
Gold Madness Season: Chaos Rockets May’s Earnings to Historic Peaks

Gold’s ironclad reign as Zimbabwe’s top foreign currency earner is blazing hotter than ever, fueled by a world in disarray. As geopolitical tempests: Middle East gunfire, Russia’s relentless assault o

 Jul 03, 2025
Zimbabwe Gold Sees First Appreciation Since May Post-Gold Coins Era

The Zimbabwe Gold (ZiG) has appreciated for the first time since May 21, rising from 26.9965 to 26.9543 against the U.S. dollar on the formal market today, marking its first gain in June following the

Jun 24, 2025
ZiG Weekly Commentary: From Gold Coins to Growth, ZiG’s New Era

The ZiG maintained relative stability in the willing buyer-willing seller auction market. On June 20, 2025, it depreciated slightly to 26.9918 from 26.9768 the previous week, before recovering margina

Jun 23, 2025
Zimbabwe's Tobacco Production Surpasses 300 Million Kilograms, Eyes New Record

Zimbabwe’s tobacco industry has achieved a historic milestone in 2025, surpassing 300 million kilograms of production, generating over US$1 billion in revenue by June 19, 2025 according to TIMB.  Thi

Jun 23, 2025
Tobacco Sets New All Time Historic High

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

Jun 19, 2025

ZiG Weekly Commentary: Analysing Risks of IMF's Mono-Currency Approach

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

Jun 17, 2025

Zimbabwe's Gold Output Hits 16 Tonnes in 5 Months, Highest on Record

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

Jun 11, 2025

ZiG Weekly Commentary: ZiG Sustains Week-on-Week Soft Erosion

Zimbabwe has faced persistent challenges with its currency, from hyperinflation to repeated monetary reforms. The introduction of the Zimbabwe Gold (ZiG) currency represents the latest attempt to stab

Jun 06, 2025

ZERA Decreases Diesel Price, Petrol Prices Surge

The Zimbabwe Energy Regulatory Authority (ZERA) has decreased diesel prices for June from May prices in US dollar terms. Diesel prices went down by 1% from US$1.52 in May to US$1.50 per litre in June

Jun 05, 2025

Zimbabwe's Diamond Exports Surge 912% in April Amid Global Price Decline

While global diamond prices are crashing from US$3,400 in 2020 to a mere $900 in 2024, a 74% decline, Zimbabwe’s diamond industry shows respite, defying global trends. Though made of the hardest mate

Jun 02, 2025

El Niño Recovery: Zimbabwe's Maize Imports Contracts by 43% in April 2025

Zimbabwe’s maize imports dropped sharply to US$391.3 million in April 2025 from US$686.9 million in March, according to the latest trade data from Zimbabwe Statistics Agency (Zimstat). The 43% declin

May 29, 2025

Gold Exports Set New Record by Surpassing 300 Million in April Alone

Zimbabwe’s gold exports achieved a remarkable milestone in April 2025, surpassing the $300 million mark in a single month. This record-breaking performance was propelled by a surge in production and e

May 29, 2025

Zimbabwe's Inflation Surge in Local Currency, USD Enters Deflation: Comparative Analysis with SADC Peers

Zimbabwe's annual inflation rate in local currency (ZiG) skyrocketed to 92.1%, driven by food and beverage prices, while the US dollar (USD) saw a month-on-month decline of 0.3%. The repeal of Statut

May 29, 2025