Gold has recorded a historical high of US$296.85 million in exports value in October according to the latest data released by Zimstat in terms of value. Of all the exports, gold accounted for 42.4% s

As the government grapples with the challenge of raising capital amid significant debt levels that hinder access to credit and strained diplomatic relations with Western nations, it has shifted its fo

The Zimbabwe currency ZiG has experienced a significant depreciation of 47% year-to-date, marking one of the most substantial declines since its inception. The ZiG, introduced in April, was initially

The Monetary Policy Committee (MPC) of the Reserve Bank of Zimbabwe has introduced a Targeted Finance Facility (TFF) In a bid to alleviate the current liquidity crisis on targeted sectors. This facil

The largest seed house in the country, Seed Co is currently struggling  with financial challenges attributed to delayed payments from the government, which owes the company US$8.6 million. This outst

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.

he gold sector has achieved remarkable advancements in gold sales, having already surpassed last year's figures. November’s gold deliveries experienced a significant uptick, reaching 3,766 kg more tha

Zimbabwe’s industrial sugar sales have experienced a substantial growth trajectory, increasing by 21% to 183,729 tonnes for the half-year period ended 30 September 2024, as reported by Hippo Valley, t

Triangle Limited, a leading sugar manufacturer in Zimbabwe, has embarked on a strategic phased retrenchment initiative aimed at alleviating rising operational expenditures and reinstating profitabilit

The Zimbabwe Gold (ZiG) currency has exhibited a contrarian performance, depreciating to 26.2614 against the US dollar on January 17, 2024, thereby reversing the gains accrued in the preceding week.

The Ministry of Finance in Zimbabwe has unveiled the National Venture Capital Company of Zimbabwe (NVCCZ), an ambitious initiative aimed at catalysing economic expansion through the provision of equit

The International Monetary Fund (IMF) has revised its global economic growth forecast upward to 3.3% for 2025, driven primarily by an upward revision in the US economy, which offset downgrades in othe

The United States President, Donald Trump, has withdrawn the United States from the Paris Agreement, citing national interests. Under the international climate accord, first negotiated in 2015, countr

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 Zimbabwe Gold (ZiG) exhibited a marginal depreciation of 0.1% week-on-week, trading at 26.3004 per USD on January 24, 2025, compared to 26.2614 on January 17, 2025. During the week, the ZiG trade

For countries like Zimbabwe, the discussions in Davos have direct implications including the push for free trade areas and digital economies which could benefit it significantly, offering new avenues

In its efforts to mitigate the expanding informal economy, the government has introduced a new statutory instrument, Statutory Instrument 7 of 2025 designed to protect formal market enterprises. This

Zimbabwe’s month-on-month inflation rose sharply in January 2025, both in US dollar terms and ZiG terms, according to the latest data released by the country’s statistics agency, Zimstat. The ZiG mon

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

The Zimbabwe Gold (ZiG)  experienced marginal declines, depreciating by 0.1% last week and further by 0.2% this week, closing at 23.3656 against the US dollar. This relative stability is largely attri