Search results for 'Africa economy'
Zimbabwe
Understanding the Risks: An Overview of the South African Market for Investors and Businesses

The Organisation of Petroleum Exporting Countries (OPEC) insists that the use of fossil fuels is the best option to address the forecast of a 13% increase in demand, despite the fact that they have po

May 30, 2023
World
Sudan's War Drags Africa Down: World Bank Cuts Growth Forecast to 3%

Sub-Saharan Africa's economic growth forecast has been revised downwards to 3% for 2024, primarily due to the devastating impact of Sudan's civil war on the region's economy. This represents a 0.4% d

Oct 16, 2024
Zimbabwe
ZiG Enters Double-Digit Inflation at 37.2%, a First Since Launch

Zimbabwe’s month-on-month inflation has entered the double digit for the first time in ZiG’s history since its introduction in April 2024 according to the latest data released by the nation’s statisti

Oct 25, 2024
Zimbabwe
ZiG Extends Rally: Gains 7% against US$, Biggest Appreciation Since Launch

The Zimbabwe Gold (ZWG) has sustained its upward momentum, appreciating by 4% to 26.90 on October 5, 2024, building on the previous day's 2.4% gain. This cumulative 7% surge over the past two days ma

Nov 05, 2024
World
ZiG Deflation Hits -0.1% in March as USD Inflation Holds Steady at 15%: Contrasts Southern Africa’s Varied Trends

Inflation dynamics in Southern Africa as of March 2025 reveal a region of contrasts, with Zimbabwe’s dual-currency system standing out as a focal point of economic complexity. Zimbabwe’s ZiG month-on

Mar 28, 2025
World
Recovery for Some, Stagnation for Africa: The Survival of the Fittest

The global economy has just completed its strongest recovery from a recession in more than 60 years. Yet across much of Africa, that recovery has barely registered, exposing a widening gap between glo

Jan 20, 2026

Top Stories

Zimbabwe's Economy Expands to US$59.7 Billion as GDP is Rebased to 2025

With GDP reaching approximately US$59.7 billion at current prices, the latest estimates provide an updated benchmark for policymakers, investors, businesses and development partners seeking to underst

7 hours ago

Mt Hampden New City: Can CSCEC’s Financing Model Turn the Smart City Plan Into Reality?

Finance Minister Professor Mthuli Ncube has held discussions at the headquarters of China State Construction Engineering Corporation in Beijing with CSCEC Chairman Wang Wei and President Chen Lie, foc

9 hours ago

ZINARA Nears Final Repayment of US$206m DBSA Highway Loan

The Zimbabwe National Road Administration (ZINARA) is approaching the final stages of repaying a US$206 million loan obtained from the Development Bank of Southern Africa (DBSA) to finance the rehabil

10 hours ago

Unifreight Pivots to Logistics Integration as Growth Phase Matures

Unifreight used its 2025 annual general meeting to reposition the group from a freight carrier into a multi-service logistics platform, announcing a strategy that adds express courier, customs clearan

13 hours ago

Avocado Exports to Top 9 Million Kgs in 2026: Can They Diversify the Forex Receipts Calculus?

Zimbabwe's avocado export volumes reached 1.74 million kilograms valued at USD 1.07 million in the first four months of 2026, compared to 921,056 kilograms worth USD 397,007 in the same period of 202

13 hours ago

Why Investors Are Increasingly Choosing Kenya

Absa Group, South Africa's third-largest bank by assets, has launched a KES30.9 billion (US$238 million) offer to increase its stake in Absa Bank Kenya from 68.5% to as much as 85%, placing one of Afr

14 hours ago

Joining the Elite Quadrant: Econet Cracks Elusive Billion-Dollar Revenue Ceiling

Econet Wireless Zimbabwe has    reported revenue of USD 1.104 billion for the year ended 28 February 2026, a 23% increase from USD 894 million in FY2025 according to its latest FY2026 financial resul

15 hours ago

Mash Holdings Lifts Operating Margin to 47% as Occupancy Holds at 89%

Mashonaland Holdings Limited has reported revenue of USD 3.14 million for the five months ended 31 May 2026, a 7% increase from USD 2.93 million in the comparable period of 2025, while operating profi

1 day ago