Search results for 'economic resilience'
Companies
FBC Holdings' Income Exceeds ZWG2 Billion Despite Currency Carnage

FBC Holdings’ total income has surpassed ZWG2 billion in the half-year to June 2024 despite experiencing a currency carnage in the first quarter. The group reported ZWG2.1 billion during the period u

Sep 19, 2024
Zimbabwe
Can Zim's Gold Output Hit 35 Tonnes, Earnings Cross $2 Billion for the First Time?

he gold sector has achieved remarkable advancements in gold sales, having already surpassed last year's figures. November’s gold deliveries experienced a significant uptick, reaching 3,766 kg more tha

Dec 10, 2024
Zimbabwe
ZiG Weekly Review: ZiG Maintains Steady Course with Slight Declines Under 1%

The Zimbabwe Gold (ZiG) has exhibited a consistent downward trajectory, recording a decline for three consecutive weeks, settling at 26.4565 during the week ended 14 February 2024. However, these are

Feb 17, 2025
Zimbabwe
ZiG Weekly Review: Gradual Erosion Continues, What’s the Key to Sustainable Stability?

The Zimbabwe Gold (ZiG) has faced persistent bearish pressure against the US dollar (USD), settling at an exchange rate of 26.7069 as of March 21, 2025, marginally weaker than its 26.7116 close on Jan

Mar 21, 2025
Companies
NMB 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, 2025
Zimbabwe
Zimbabwe’s March Imports Top US$809 Million, Offset Gold Gains

Zimbabwe’s trade deficit widened to US$228 million in March 2025, a 4.7% increase from February’s US$217.9 million, as soaring imports overwhelmed modest export growth. Despite new highs in exports o

Apr 25, 2025
Companies
CBZ's Q1 Performance: A Robust Start Amid Economic Uncertainty

CBZ Holdings kicked off 2025 with a stellar first-quarter performance, highlighting its resilience and strategic focus in a challenging economic environment. The Group reported a profit after tax of

Apr 29, 2025
Zimbabwe
RBZ’s 2025 Mid-Term Monetary Policy Reveal: Analysis of Key Policies

The Reserve Bank of Zimbabwe (RBZ) has released its 2025 Mid-Term Monetary Policy Statement, themed "Walking the Talk and Staying the Course to Durably Anchor and Consolidate Stability," highlighting

Aug 13, 2025

Top Stories

Zimbabwe’s 2025 SONA Vision: From Rhetoric to Reality in a Resilient Economy

On October 28, 2025, President Emmerson Mnangagwa delivered his State of the Nation Address (SONA) to a joint sitting of Parliament in Mt Hampden, Zimbabwe, projecting cautious optimism amid a complex

1 day ago

ZiG Sustains Momentum: Gold Rally, IMF Optimism Fuel Resilience

The Zimbabwe Gold (ZiG) currency is exhibiting a modest resilience this week in the formal market, appreciating by 0.04% against the US dollar last week. This slight gain aligns with broader stabilisa

1 day ago

U.S-China Deal Shakes Gold: Golden Correction or New Dawn?

Gold’s 2025 journey has been a rollercoaster, soaring to unprecedented heights before a dramatic plunge that has left investors questioning its next move. As of October 28, 2025, spot gold prices edge

1 day ago

Government Approves Private Players in Electricity Retail and Distribution

The Zimbabwe Energy Regulatory Authority (ZERA) and the Zimbabwe Electricity Transmission and Distribution Company (ZETDC) are working on modalities to allow private companies to sell and distribute e

Oct 28, 2025

The IMF’s Rosy Projections for Zimbabwe: A Facade of Stability?

he International Monetary Fund’s (IMF) latest economic projections for Zimbabwe, as outlined in its October 2025 Regional Economic Outlook for Sub-Saharan Africa, paint an ostensibly bright picture fo

Oct 28, 2025

Zimbabwe Reverses Maize Import Ban After a ‘’Fictitious’’ Bumper Harvest Claim

Zimbabwe has reversed its maize import ban just two months after imposing it, a move prompted by a sharp downward revision in the country’s 2024/25 harvest forecast and growing concerns over food secu

Oct 24, 2025

Gold Falls in Biggest Slump Since 2019 as Trade Tensions Ease

Gold bullion prices plummeted by 6.3% on October 22, 2025, dropping from $4,381 to $4,082 per ounce, marking the steepest single-day decline since 2019 and halting a torrid rally that had driven the m

Oct 22, 2025

Zimbabwe’s Anti-Corruption Drive Under President Mnangagwa: Progress, Setbacks, Persistent Challenges

President  Emmerson Mnangagwa took office in November 2017 after the late President Robert Mugabe’s resignation, pledging decisive action against corruption. In his 2018 State of the Nation Address, h

Oct 21, 2025