Search results for 'ZiG currency'
Companies
Sweet Production, Sour Sales: Impact of ZiG, Policy Slippages Hippo Valley’s Q1
Hippo Valley, Zimbabwe's largest sugar heavyweight , has reported a satisfactory first quarter ended 30 June 2024, despite facing a perfect storm of challenges. While the company saw a 6% increase in
Aug 19, 2024
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
Zimbabwe
ZiG Weekly Review: Records 3% YTD Decline, Battle for Long-Term Stability Continues
The Zimbabwe Gold (ZiG), the nation’s fourth currency initiative in nearly a decade, has experienced marginal year-to-date (YTD) depreciation of 3%, declining from ZiG25.795 on January 1, 2025, to ZiG
Feb 24, 2025
Zimbabwe
Zimbabwe's Inflation Cools in February for Both USD, ZiG: Regional Comparison and Analysis
Zimbabwe’s inflation landscape brightened in February 2025, with month-on-month rates for both its gold-backed ZiG currency and the U.S. dollar plummeting to their lowest levels in months, according t
Feb 27, 2025
Opinion
Mad Money Muse Zimbabwe’s Economic Soap Opera, Episode 3 – Cash, Brides, and Army Bridesmaids
Picture this: Wicknell Chivhayo, Zimbabwe’s tender-preneur extraordinaire, struts into the lobola negotiations with a briefcase stuffed with US$100,000 in crisp greenbacks. In a country where most fol
Mar 26, 2025
World
ZiG Deflation Hits -0.1% in March as USD Inflation Holds Steady at 15%: Contrasts Southern Africa’s Varied Trends
Inflation dynamics in Southern Africa as of March 2025 reveal a region of contrasts, with Zimbabwe’s dual-currency system standing out as a focal point of economic complexity. Zimbabwe’s ZiG month-on
Mar 28, 2025
Companies
Forex Surrender Rules Slash Proplastics’ Export Share to 4% in FY'24 , Profit More Than Doubles
Proplastics, a leading Zimbabwean plastic pipe manufacturer, reported a profitable FY2024, with profit after tax surging to USD1.2 million from USD520 thousand, according to its latest financial res
1 day ago
Top Stories
Government Approves $311 Million Compensation for 740 Farms Under Global Compensation Deed
Zimbabwe’s recent initiation of compensation payments to former farm owners under the Global Compensation Deed (GCD), signed in 2020, marks a significant step toward resolving historical grievances st
21 hours agoForex Surrender Rules Slash Proplastics’ Export Share to 4% in FY'24 , Profit More Than Doubles
Proplastics, a leading Zimbabwean plastic pipe manufacturer, reported a profitable FY2024, with profit after tax surging to USD1.2 million from USD520 thousand, according to its latest financial res
1 day agoNMB Bank Harnesses DFI Partnerships to Drive 27% Loan Surge in Export-Critical Sectors
NMB Bank Zimbabwe has leveraged foreign lines of credit to fuel its growth in 2024, a critical strategy in a nation where Western sanctions limit traditional financing. The bank raised over USD 65 mil
Apr 08, 2025Zimbabwe’s April Fuel Dip: U$1.53 From US$1.54 Signals Relief, Yet Among Highest in Africa
Zimbabwe’s fuel prices in April 2025, set at $1.53 per litre for petrol and $1.52 per litre for diesel in USD by the Zimbabwe Energy Regulatory Authority (ZERA), eased from March’s $1.54 and $1.55. Y
Apr 07, 2025