The Organisation of Petroleum Exporting Countries (OPEC) insists that the use of fossil fuels is the best option to address the forecast of a 13% increase in demand, despite the fact that they have po

Khaya Cement, formerly Lafarge Cement Zimbabwe, has incurred a significant after-tax loss of ZWL17 billion for the full year ended 31 December 2022.  The reduced profitability was attributed to depre

African Distillers (AFDIS), a prominent manufacturer of wine and spirits, experienced a 13% downturn in wine volumes during the quarter ended 30 June 2023, with spirits registering a meagre uptick of

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

Amalgamated Regional Trading Holdings Limited (ART Holdings) has witnessed a decline in volumes across its main categories, with the exception of the Eversharp and estates divisions. This decline was

Persistent power outages throughout the year had a profound and adverse effect on the production and sales volumes of Willdale Limited, a prominent brick manufacturer. Consequently, the company's oper

Khayah Cement formerly Lafarge Cement Zimbabwe Limited, reported a significant increase in cement volumes, with a 117% surge for the six-month period ended 30 June 2023 compared to the same period las

During the last week of May, we continued to monitor the movement of the ZiG currency against other currencies in both the government-regulated formal exchange rate and the market-determined parallel

The Zimbabwe Gold (ZiG), has continued to maintain stability on the formal market since its inception, helping to curb inflationary pressures. On June 17th, the currency traded at ZiG13.4910 per US do

The ZiG has experienced its inaugural depreciation in the formal forex market since its inception, as per the data reported by the Central Bank. On a week-over-week basis, the ZiG was quoted at 13.581

Food security is a critical component of a stable currency and economy. Everyone in a society must spend money on food, regardless of their income level. In an inflationary environment like Zimbabwe,

Willdale Limited, a prominent manufacturer and marketer of clay brick products within the Zimbabwean building and construction sector, has reported a weaker financial performance for the half-year per

The embattled ZiG, a currency embroiled in a fierce battle for survival, has found itself in a perilous state, trading at an alarming rate of 13.7689 against the mighty U.S. dollar on July 24th, 2024

Zimbabwe's trade deficit surged in June 2024, reaching over $200 million. The latest data from Zimstat shows the deficit rose by 39.6% to $218.9 million, up from $156.8 million in May 2024. A trade d

he Zimbabwe Gold (ZiG) has recorded a poor performance in July 2024. It started trading in April 2024 at a high of 13.56 ZiG per US dollar, but by the end of July 2024 had fallen to 13.79 per dollar.

Zimbabwe's gold sector has demonstrated remarkable resilience, with July witnessing a substantial surge in gold deliveries to Fidelity Refinery, the nation's sole gold purchaser. The total volume of

The Zimbabwe Gold (ZiG) traded at 13.7863 on the 15th of August, down from 13.7854 in the prior week, continuing the downward trend observed in July 2024. The ZiG, backed by gold and US dollar reserve

The Zimbabwe Gold (ZiG) experienced a notable decline on September 13, 2024, trading closer to ZWG14 per US dollar, marking one of its worst performances to date. This follows a weekly loss, with the

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

The Zimbabwe Gold (ZWG) has sustained its upward momentum, appreciating by 4% to 26.90 on October 5, 2024, building on the previous day's 2.4% gain. This cumulative 7% surge over the past two days ma