Search results for 'ZiG Stability'
Zimbabwe
ZiG Weekly Review: Supplier Payment Delays, Budget Underutilisation Threaten ZiG’s Long-Term Stability

The Zimbabwe Gold (ZiG) closed the week ended 8 August 2025 at an exchange rate of 26.7605 against the USD, reflecting a marginal appreciation from 26.7369 the previous day and aligning with the rate

Aug 08, 2025
Zimbabwe
Deceptive Strength: ZiG’s Stability Masks Growing Arrears Crisis

In the week to 25 August 2025, the Zimbabwe Gold (ZiG) exhibited remarkable stability, experiencing a marginal depreciation of 0.02%, moving from an exchange rate of 26.7683 on August 19, 2025, to 26.

Aug 25, 2025
Zimbabwe
The Hidden Mechanics of ZiG’s Stability Post Devaluation

Zimbabwe's local currency, the ZiG, has maintained its stability against the US dollar since the beginning of 2026 continuing the trend observed post devaluation in 2024, moving from trading around Zi

Feb 04, 2026
Zimbabwe
IMF Backs Zimbabwe’s 5% Growth Forecast, Above Continental Average

The International Monetary Fund projects Zimbabwe's economy will grow 5% in 2026, matching the government's own forecast and beating the IMF's continental average projection of 4.3%. Alongside that p

Apr 17, 2026
Zimbabwe
Macro Success, Micro Failure: Inflation Drops Dramatically, Social Welfare Lags Behind

Zimbabwe’s May 2026 inflation data, released by the Zimbabwe National Statistics Agency, confirmed a picture that is simultaneously encouraging and instructive. Annual blended inflation was 3.2%, whil

May 27, 2026
Zimbabwe
Policy Realignment: RBZ Delivers First Rate Cut Since 2024, What it Means

The Reserve Bank of Zimbabwe’ s Monetary Policy Committee held on  the 15th June 2026, has resolved to reduce the Bank Policy Rate from 35% to 30% per annum with immediate effect, simultaneously reduc

Jun 16, 2026
Zimbabwe
Zimbabwe Receives US$8.3bn in Five Months as ZiG Stability Holds

Foreign currency inflows into Zimbabwe's banking system reached USD 8.3 billion in the five months to 31 May 2026, against USD 6 billion in the same period of 2025, a 39.1% year-on-year increase that

Jun 16, 2026
World
Zimbabwe Still Outpaces Sub-Saharan Africa’s Average Despite World Bank Growth Downgrade

The World Bank's June 2026 Global Economic Prospects report has placed Zimbabwe's 2026 GDP growth at 4.6%, a downward revision from the 5% projected in its January 2026 edition, with a further easing

Jun 16, 2026

Top Stories

Mt Hampden New City: Can CSCEC’s Financing Model Turn the Smart City Plan Into Reality?

Finance Minister Professor Mthuli Ncube has held discussions at the headquarters of China State Construction Engineering Corporation in Beijing with CSCEC Chairman Wang Wei and President Chen Lie, foc

44 minutes ago

ZINARA Nears Final Repayment of US$206m DBSA Highway Loan

The Zimbabwe National Road Administration (ZINARA) is approaching the final stages of repaying a US$206 million loan obtained from the Development Bank of Southern Africa (DBSA) to finance the rehabil

1 hour ago

Unifreight Pivots to Logistics Integration as Growth Phase Matures

Unifreight used its 2025 annual general meeting to reposition the group from a freight carrier into a multi-service logistics platform, announcing a strategy that adds express courier, customs clearan

4 hours ago

Avocado Exports to Top 9 Million Kgs in 2026: Can They Diversify the Forex Receipts Calculus?

Zimbabwe's avocado export volumes reached 1.74 million kilograms valued at USD 1.07 million in the first four months of 2026, compared to 921,056 kilograms worth USD 397,007 in the same period of 202

4 hours ago

Why Investors Are Increasingly Choosing Kenya

Absa Group, South Africa's third-largest bank by assets, has launched a KES30.9 billion (US$238 million) offer to increase its stake in Absa Bank Kenya from 68.5% to as much as 85%, placing one of Afr

5 hours ago

Joining the Elite Quadrant: Econet Cracks Elusive Billion-Dollar Revenue Ceiling

Econet Wireless Zimbabwe has    reported revenue of USD 1.104 billion for the year ended 28 February 2026, a 23% increase from USD 894 million in FY2025 according to its latest FY2026 financial resul

6 hours ago

Mash Holdings Lifts Operating Margin to 47% as Occupancy Holds at 89%

Mashonaland Holdings Limited has reported revenue of USD 3.14 million for the five months ended 31 May 2026, a 7% increase from USD 2.93 million in the comparable period of 2025, while operating profi

1 day ago

Zimbabwe’s Fuel Prices After ZERA’s Latest Adjustment: Where They Stand in the World

Zimbabwe Energy Regulatory Authority has issued its fortnightly petroleum price adjustment on 19 June 2026, setting diesel at USD 1.99 per litre and the E20 ethanol-blend fuel at USD 1.98 per litre, b

1 day ago