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
Long-term capital formation remains the decisive variable. Large-scale mining requires stable exchange rate policy, predictable foreign currency retention thresholds and enforceable contract framework
Zimbabwe's gold sector, a cornerstone of the nation's economy and its primary foreign exchange earner, experienced a notable dip in output during January 2026, signalling a subdued start to what is an
Zimbabwe has delivered two cancer treatment machines at its main referral hospitals, marking a significant advancement in public oncology services. According to the Ministry of Health and Child Care
The Zimbabwe Gold (ZiG), the local currency unit, traded at approximately 25.57 against the US dollar on February 20, 2026, reflecting a marginal depreciation from 25.56 the previous week but maintai
Zimbabwe Stock Exchange listed cable manufacturer CAFCA Limited has recorded a 3% year-on-year increase in sales volumes for the first quarter ended 31 December 2025, signalling a gradual strengthenin
Tanganda Tea Company Limited has secured shareholder approval to raise US$8 million through a renounceable rights offer, a capital injection expected to stabilise the Zimbabwe Stock Exchange-listed d
For nearly eight decades, the American dollar has reigned as the undisputed monarch of global finance, a currency so entrenched that it seems woven into the fabric of international commerce. Born from
Zimbabwe’s tobacco industry is poised for another historic season, with production projections pointing to output surpassing 360 million kilograms in 2026, eclipsing the 355 million kilograms record
