Search results for '2026'
Zimbabwe
Weekly Currency Update:ZiG Holds the Line as Foreign Currency Inflows Carry the Load
The RBZ mid-rate closed the review period at ZiG26.5673/USD on 14 August 2026, appreciating marginally from ZiG26.59/USD on 13 August and by approximately 0.20% from ZiG26.62/USD a week earlier. Again
Aug 15, 2026
Companies
Dairibord’s Capacity Investment Starts Paying Ahead of Potential Control Deal
Dairibord Holdings, Zimbabwe’s biggest milk processor has begun extracting a stronger return from the production capacity built across its factories, with higher throughput now reaching margins and o
Aug 24, 2026
World
Global Seas Hit 21.1°C Peak in August : East Africa Braces for Floods as Southern Africa Fears Drought
Global sea surface temperatures reached 21.1°C on 22 August 2026, the highest daily reading in Copernicus records dating to 1979. The new peak exceeded the previous 21.09°C record set in March 2024 a
Aug 25, 2026
Zimbabwe
Weekly Currency Update: ZiG Enters September Stable as Tight Money, FX Buffers Contain Pressure
The Zimbabwe Gold opened on 31 August 2026, the last day of the month at ZiG26.6640 per US dollar, giving back part of the appreciation recorded during the previous week after closing Friday at ZiG26.
Aug 31, 2026
Zimbabwe
Zimbabwe’s Mineral Leakages Shift from Border Smuggling to Under-Declaration and Fake Invoices
The Minerals Marketing Corporation of Zimbabwe has recorded 18 suspected mineral smuggling and irregular-movement cases between January and August 2026 involving about 2,654 tonnes of minerals and scr
Aug 31, 2026
Companies
CBZ Holdings Operating Income Falls 41% as Expected Credit Loss Charge Rises Sixfold in First Half
CBZ Holdings’ profit after tax fell 20.3% to ZWG691.6 million in the half year ended June 2026 from ZWG868.1 million a year earlier, with the deeper earnings deterioration occurring before tax as high
Sep 03, 2026
Companies
Proplastics Retains H1 Earnings for Capacity Expansion After 79% Profit Growth
Proplastics has closed the half year ended June 2026 with profit after tax up 79% to US$623,819, yet shareholders will receive no interim dividend as the pipe manufacturer redirects capital towards ad
Sep 03, 2026
Companies
Ariston Tea Output Falls 70% as Funding Constraints Persist After US$3m Funding Injection
Ariston Holdings’ tea production fell 70% to 532 tonnes in the third quarter ended June 2026 from 1,770 tonnes a year earlier, placing the group’s funding structure back at the centre of its operation
Sep 03, 2026
Top Stories
Zambia Re Profits Nearly Triple as Underwriting Improves, Outpacing Zimbabwean Insurers
Zambia Reinsurance, formerly Prima Reinsurance, has recorded a 198% increase in profit after tax to K6.09 million (approximately US$338,000) for the six months ended 30 June 2026, despite reinsurance
Oct 22, 2026Zanaco's 13% Revenue Growth Fails to Lift Profits as Costs Rise, Echoing CBZ's Earnings Pressure
Zambia National Commercial Bank (Zanaco) has recorded a 13% increase in operating income to K3.30 billion (approximately US$183.2 million) for the six months ended 30 June 2026, but the improvement fa
Oct 21, 2026
