Search results for 'Zimbabwe dollar'
Zimbabwe
Most Insignificant Drop for the Zimbabwe Dollar as RBZ Hints of Gold-Backed Currency

Embattled Zimbabwe dollar dropped -2% against the greenback on the latest Auction Market held on 25th April 2023, from ZWL1000.0227 to 2WL1021.2072, the least depreciation since the year commenced. Th

Apr 26, 2023
Zimbabwe
Zimbabwean Dollar sustains recovery

The Zimbabwe dollar has appreciated to ZWL5395.9619 on the latest auction market held on the 4th of July 2023, notching up 17% gain from ZWL6326.5877 traded last week per dollar. This is the biggest

Jul 05, 2023
Zimbabwe
Zim Dollar’s Sustained Recovery Raise Questions

The Zimbabwe dollar has sustained a recovery trend, firming to ZWL4998.8352 in the latest auction market held on July 11, 2023, with an 8% week-to-date increase. This marks one of the strongest perfor

Jul 12, 2023
Zimbabwe
Illusion of Stability? Zimbabwe Dollar Takes Gains to Fourth Straight Session

The Zimbabwe dollar has sustained the recovery trend on formal market after firming by 5% on the latest auction market from ZWL4998.8352 during the previous week to ZWL4771.3854 during the week under

Jul 20, 2023
Companies
Meikles Limited Expands Property Portfolio

Diversified retail outfit, Meikles Limited Zimbabwe has expanded its property portfolio in the full year to 28 February 2023 after the completion of various projects. Meikles Limited, which is into re

Jul 21, 2023
Zimbabwe
Central Bank Blows Own Trumpet

On July 28th, the Central Bank issued a circular outlining the resolutions reached during the monetary policy meeting held on that day to evaluate the efficacy of recent policy interventions implement

Aug 01, 2023
Zimbabwe
Zim Dollar Retreats After Five Weeks of Appreciation

The Zimbabwe dollar has witnessed its first depreciation during the first trade in August after a period of five consecutive weeks of appreciation against the US Dollar according to the latest data fr

Aug 02, 2023
Companies
Willdale Reports Strong Revenue Despite Challenges

Willdale Limited, a brick maker in Zimbabwe, has reported robust revenue growth of 83% to ZWL 20 billion during the nine months leading up to June 2023, despite the challenges posed by exchange rate d

Aug 17, 2023
Companies
Star Africa Trades FY Loss Blame with Government

Star Africa Corporation, a sugar producer listed on the Zimbabwe Stock Exchange (ZSE), has reported a loss after tax of ZWL2 billion for the full year ended 31 March 31 2023. This represents a signifi

Sep 11, 2023
Companies
Exchange Losses Impede Dairibord's Profitability

pologies for the error. Dairibord Zimbabwe Limited, the largest dairy products processor listed on the Zimbabwe Stock Exchange (ZSE), has reported a loss after tax of ZWL4 billion for the six months e

Oct 02, 2023
Zimbabwe
Retailers Urge Government to Abandon Pegged Exchange Rate: Will Government Heed?

The Retailers Association of Zimbabwe (RAZ) has urged the government to abandon the pegged exchange rate system in favor of a market-determined exchange rate, believing this shift could revitalize the

Sep 24, 2024

Top Stories

Delta Half-Year Revenue Tops US$514 Million, Eyes Billion-Dollar Milestone

Delta Corporation Limited, Zimbabwe’s largest beverages manufacturer, has crossed the half-billion-dollar revenue mark in the first half of FY2026, recording US$514.2 million for the six months to Sep

6 hours ago

CBZ Holdings Profit Hits ZiG 1.1Bn in Q3, Operational Efficiency Drives 58% Income Surge

CBZ Holdings posted a profit after tax of ZWG 1.11 billion for the nine months ended 30 September 2025, a 10% increase from ZWG 1.01 billion a year earlier, reflecting resilient profitability as Zimba

7 hours ago

Zimbabwe Records Highest Wheat Harvest in 59 Years, Yet Imports Surge to New Peak

Zimbabwe has announced a record-breaking wheat harvest for the 2025 winter season, reporting a total output of 639,942 metric tonnes according to the Ministry of Lands, Agriculture, Fisheries, Water,

9 hours ago

Zimplats’ Q1 Smelter Failure Triggers 24% Plunge in 6E Output to 143k Ounces, Trapes 12koz in Inventory

Zimplats, Zimbabwe’s leading platinum group metals producer, suffered a 24% quarter-on-quarter plunge in 6E metal in final product to 142,535 ounces for the quarter ended 30 September 2025, driven by

9 hours ago

OK Zim Cuts Overheads 44% in FY'25, Set for Recovery as Retail Reforms Take Hold

OK Zimbabwe, the last standing retail giant in a landscape littered with the corpses of departed chains, has slashed overhead costs to US$58.7 million, a 43.91% plunge from the prior year, through su

1 day ago

ZB Bank Eyes Loan Book Growth on Fresh Credit Facilities

ZB Financial Holdings Limited (ZBFH) is expecting to underwrite more business from newly issued credit lines, a move set to drive sustained growth in its loan book and strengthen its core lending oper

Nov 11, 2025

Caledonia’s Q3 Net Profit Surges 467%, On Track to Hit FY Gold Target

Caledonia Mining Corporation has indeed delivered a robust third quarter in 2025, solidifying Blanket Mine's status as Zimbabwe's third-largest gold producer and keeping the company firmly on track, o

Nov 10, 2025

Zimplats’ Bimha Overtakes Mimosa as Largest PGM Mine by Output, Rewrites Hierarchy

For the first time since the Great Dyke’s modern mining era began, a single shaft has ended Mimosa’s three-decade dominance as Zimbabwe’s largest PGM operation by ore throughput. Zimbabwe's platinum

Nov 10, 2025