African Distillers (AFDIS), a prominent manufacturer of wine and spirits, experienced a 13% downturn in wine volumes during the quarter ended 30 June 2023, with spirits registering a meagre uptick of
Jul 25, 2023
The ZiG has experienced its inaugural depreciation in the formal forex market since its inception, as per the data reported by the Central Bank. On a week-over-week basis, the ZiG was quoted at 13.581
Jun 24, 2024
The embattled ZiG, a currency embroiled in a fierce battle for survival, has found itself in a perilous state, trading at an alarming rate of 13.7689 against the mighty U.S. dollar on July 24th, 2024
Jul 25, 2024
Zimbabwe's trade deficit surged in June 2024, reaching over $200 million. The latest data from Zimstat shows the deficit rose by 39.6% to $218.9 million, up from $156.8 million in May 2024. A trade d
Jul 29, 2024
Zimbabwe's gold deliveries declined by 17.7% month-on-month in February 2024, falling to 2.56 tonnes from 3.1 tonnes in January. This marks the lowest monthly output in over six months since June 2024
The Zimbabwe Energy Regulatory Authority (ZERA) has decreased diesel prices for March, effective 4 March 2025, from February's prices in US dollar terms. Diesel prices went down by 3% from US$1.58 in
he European Investment Bank (EIB Global), in partnership with Stanbic Bank Zimbabwe, has unveiled a €20 million ($21 million) credit facility aimed at bolstering Zimbabwean small and medium enterprise
Zimbabwe's tobacco marketing season commences today, with the agricultural sector projecting a yield of 300 million kilograms of premium flue-cured leaf in 2025. Under the nation's dual-currency set
TSL Limited, a diversified Zimbabwe Stock Exchange-listed company, experienced a sharp 55% decline in profit after tax from continuing operations, falling to US$3.62 million for the fiscal year ended
Ariston Holdings, a Zimbabwean agribusiness, has strategically reoriented its revenue focus from export markets to domestic sales in response to rising operational costs and restrictive export policie
The electricity generation at the Kariba Hydroelectric Power Plant has more than tripled on the 4th of March to 485 megawatts (MW) , marking a nine-month record high since June 2024. This has increas
Plastics and plastic products manufacturer, Proplastics Limited, has announced the resignation of its Chief Executive Officer (CEO), Kudakwashe Leo Chigiya, effective 19 February 2025. The Board of
