Search results for 'Parallel Market'
Zimbabwe
Smoke and Mirrors? ZiG Strengthens for Third Consecutive Day, Takes in 9% Gains
The Zimbabwe Gold (ZWG) currency has exhibited an appreciation on the formal market, recording its third consecutive gain on November 6, 2024. The currency surged 3% from 26.99 to 26.01, translating
Nov 06, 2024
Zimbabwe
ZiG Weekly Review: Formal Market Sees Slower Depreciation, Parallel Market Rate Drops
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
Jan 24, 2025
Zimbabwe
ZiG’s Weekly Review as Stability Remains in Focus: Is This a Turning Point or a False Dawn?
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
Jan 31, 2025
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A Look into Zimbabwe’s Street Vending Ban: Economic Formalisation vs. Informal Livelihoods
In early August 2025, Zimbabwe’s government issued a one-month ultimatum to ban street vending and second-hand clothing sales, aiming to formalise the economy and enhance urban order. This policy has
6 hours agoWilldale’s Q3 Sales Slump Echoes Beta Bricks' Struggles, WestProp’s Entry Signals Fierce Competition
Willdale Limited, Zimbabwe’s only listed brick manufacturer, is grappling with significant challenges in its core brick-making business while pinning its hopes on a property investment strategy to dr
Aug 19, 2025