Zimbabwe's economic growth forecast for 2024 has been slashed to 2%, down from the initial projections of 3.6%. This downward revision is primarily due to the impact of the ongoing drought in the regi
May 31, 2024
The world is facing a daunting public debt crisis, with global debt projected to exceed US$100 trillion, or 93% of global GDP, by the end of this year according to the latest data by the International
Oct 16, 2024
Zimbabwe's Finance Minister's emphasis on sincerity in economic policy remains highly relevant as the country pursues currency stabilisation, confidence-building, debt management, and reforms amid lon
Jan 06, 2026
Zimbabwe and the International Monetary Fund have agreed to a 10-month Staff-Monitored Programme (SMP), a move aimed less at securing immediate funding than at rebuilding trust with international cred
Feb 09, 2026
RioZim’s latest restructuring plan shows where management believes the group’s last realistic recovery path now sits. By giving up its stake in Murowa Diamonds to ease debt pressure and redirecting at
Mar 31, 2026
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
Zambia's economy expanded by 7.7% during the first quarter of 2026, marking its fastest quarterly growth in several years as a strong agricultural recovery, improving domestic demand and expanding ser
Jun 25, 2026
Zimbabwe’s debt resolution programme has reached the point where its credibility will be judged by two payments moving in opposite directions across the same public balance sheet. Treasury needs about
Aug 03, 2026
Zambia has given President Hakainde Hichilema a second five year mandate after an election that turned the country's economic recovery into a national vote and placed the quality of its democracy unde
Aug 18, 2026
Hichilema secures a second term decisively. Whether that mandate converts into the stability business actually needs is the test now beginning. Zambia Election 2026, Hakainde Hichilema, Brian Mundubil
RioZim, Zimbabwe’s embattled miner has returned to a ZWG1.30 billion profit in the first half of 2026 from a ZWG300.6 million loss a year earlier, with the reported recovery dominated by debt restruct
3 hours ago
Econet Infrastructure Company (InfraCo) made a profit after tax of US$13.7 million in the six months to 31 August 2026, its first half year results since listing on the Victoria Falls Stock Exchange (
General Beltings Holdings, a manufacturer and distributor of conveyor beltings, rubber and chemical products, has seen profit after tax fall 63.2% to US$29,727 in the six months to June 2026 from US$8
The Safaricom levy sits in other assets, which rose Kshs 593 million, and operating cash flow reached Kshs 161 million, or 22% of profit after tax. Excluding the block trade, equity turnover grew 111%
ZECO Holdings has nearly tripled revenue during the first half of 2026, but a sharp increase in administrative costs overwhelmed the improvement in trading and pushed the group back into loss. Revenu
Cam & Motor consequently carries a larger share of RioZim’s post restructuring future. Installation of a second mill is intended to increase throughput and production, with the mine required to progre
Current liabilities exceed current assets by US$136,251, narrowing US$9,282 from December 2025. Collecting receivables swaps one current asset for another and paying suppliers lowers current assets an
Hippo Valley Estates is pressing Government to restore sugar to zero rated VAT status as the producer operates at about 75% capacity and looks for room to raise output, employment and productivity. C
