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

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

The Zimbabwe Gold (ZiG) persists in its slow decline, with March’s gradual erosion spilling into April 2025. The ZiG closed at 26.77 on 31st of March 2025 from 26.72 in the previous week against the

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

Zimbabwe’s Gold-backed currency (ZiG) hit fresh week-on-week lows in April 2025, dropping from 26.78 on April 4 to 26.81 by April 11, extending its record-breaking gradual slide. Since its debut on A

Government has repealed Statutory Instrument 81A of 2024, which penalised businesses for charging goods and services above the official exchange rate set by the Reserve Bank of Zimbabwe (RBZ). This p

The Zimbabwe Gold (ZiG) has entered a volatile phase on the parallel market, shelving the stability the currency enjoyed from the first quarter into April. On the formal market, the ZiG maintained its

The Zimbabwe Gold (ZiG) has recently hit its lowest point on the formal market since the beginning of the year, with deficits since its inception reaching 50%. As of May 19, 2025, the currency has de

The Zimbabwe Gold (ZiG) appreciated for the first time on May 21, 2025, strengthening to 26.8853 from 26.9786 per dollar the previous day, breaking a chain of loss-making streaks since April 25, when

Zimbabwe's annual inflation rate in local currency (ZiG) skyrocketed to 92.1%, driven by food and beverage prices, while the US dollar (USD) saw a month-on-month decline of 0.3%. The repeal of Statut

Zimbabwe has faced persistent challenges with its currency, from hyperinflation to repeated monetary reforms. The introduction of the Zimbabwe Gold (ZiG) currency represents the latest attempt to stab

The Zimbabwe Gold (ZiG), has sustained marginal erosion as it struggles to find course. Week on week,  the ZiG closed at 26.9768 per USD on the 1th of June 2025, a marginal decline from 26.9401 the pr

The ZiG maintained relative stability in the willing buyer-willing seller auction market. On June 20, 2025, it depreciated slightly to 26.9918 from 26.9768 the previous week, before recovering margina

The Zimbabwe Gold (ZiG) has appreciated for the first time since May 21, rising from 26.9965 to 26.9543 against the U.S. dollar on the formal market today, marking its first gain in June following the

The Zimbabwe Gold (ZiG) currency exhibited robust appreciation in late June 2025, a trend that extended into July 2024, bolstered by an expansion in gold reserves and sustained tight monetary policy m

OK Zimbabwe has sold shareholders on a US$10.5 million property-disposal plan following a pivotal vote at an Extraordinary General Meeting (EGM), marking the country’s largest grocery retailer’s lates

Revitus Real Estate Investment Trust (REIT) is anticipating a boom in occupancy and yield ratios in 2026, buoyed by the refurbishment of its flagship asset, Chester House, which is scheduled for compl

Meikles Limited, Zimbabwe’s second-largest retailer by store count, reported a significant financial setback in FY2025, plunging into a loss of ZWG 264 million from continuing operations, a contrast t

People’s Own Savings Bank (POSB), Zimbabwe’s state-owned financial institution, has ventured into real estate as part of a hedging strategy against the country’s volatile economy, according to its lat

The Zimbabwe Gold (ZiG) has reached an exchange rate of 26.7724 today, continuing a period of relative calm that began in early June 2025. This stability in both the official and parallel markets is