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
Tharisa Plc has raised approximately US$294 million through a five-year senior secured bond that will be used mainly to complete construction of the Karo Platinum Project in Zimbabwe, giving the miner
Econet Wireless Zimbabwe plans to retire its third-generation (3G) mobile network by the end of December 2027, beginning a major reallocation of spectrum and infrastructure toward fourth-generation (
Finance Minister Mthuli Ncube has disclosed 6,995 additional hotel rooms at different stages of development in Harare, alongside investment opportunities within the 1,200-hectare Masuwe Special Econom
Zimbabwe has raised producer and planning prices for the 2026/27 agricultural season, lifting maize and traditional grains to US$432 per tonne, soya beans to US$660.95, sunflower to US$826.19 and whea
Zimbabwe’s beverage and food manufacturing landscape is entering a new phase of scrutiny as the proposed acquisition of a significant stake in Dairibord Holdings by Varun Beverages raises questions ar
Zimbabwe’s platinum industry is entering a market where the next demand cycle may increasingly come from advanced industrial applications rather than its traditional automotive base, as artificial int
Zimbabwe’s platinum industry has increased refined production during the second quarter of 2026 as operational improvements at major producers lifted output, placing the country’s mining sector in a
The Zimbabwe Investment and Development Agency (ZIDA) and Invest Hong Kong have signed a memorandum of understanding establishing a framework for investment cooperation, including investor referrals,
