Search results for 'forex'
Companies
Profit Triples, Wallets Shrink, Borrowings Surge: The Three Stories Inside InnBucks' Six Months
InnBucks MicroBank Limited has delivered half-year results for the six months ended 31 December 2025 that, at first reading, appear remarkable. Profit nearly tripled to ZWG 99.5 million from ZWG 33
Mar 04, 2026
World
Zimbabwe Still Outpaces Sub-Saharan Africa’s Average Despite World Bank Growth Downgrade
The World Bank's June 2026 Global Economic Prospects report has placed Zimbabwe's 2026 GDP growth at 4.6%, a downward revision from the 5% projected in its January 2026 edition, with a further easing
Jun 16, 2026
Zimbabwe
Avocado Exports to Top 9 Million Kgs in 2026: Can They Diversify the Forex Receipts Calculus?
Zimbabwe's avocado export volumes reached 1.74 million kilograms valued at USD 1.07 million in the first four months of 2026, compared to 921,056 kilograms worth USD 397,007 in the same period of 202
Jun 23, 2026
Zambia
National Breweries Posts First Profit in Years: Real Story Behind the Turnaround
National Breweries, Zambian beverages behemoth listed on the Lusaka Securities Exchange has reported a profit before tax of ZMW 277.3 million, equivalent to USD 14.3 million at the confirmed closing r
Jul 16, 2026
Zimbabwe
Weekly Currency Update:ZiG Holds the Line as Foreign Currency Inflows Carry the Load
The RBZ mid-rate closed the review period at ZiG26.5673/USD on 14 August 2026, appreciating marginally from ZiG26.59/USD on 13 August and by approximately 0.20% from ZiG26.62/USD a week earlier. Again
Aug 15, 2026
Zimbabwe
Government Eyes Record US$3 Billion Current Account Surplus, Forex Inflows Surge 48%
Zimbabwe is projecting a record current account surplus exceeding US$3 billion by December 2026, supported by a 47.8% surge in foreign currency inflows during the first half of the year, although the
Oct 15, 2026
Top Stories
FBC Generates ZWG214 Million in Q3 Profit Before Tax, Retains Just ZWG10 Million as Tax Pressure Deepens
FBC Holdings has generated approximately ZWG214.5 million in profit before tax during the third quarter of 2026, but retained only ZWG9.8 million in profit after tax, according to Equity Axis calculat
1 day agoBAT Loses 38 Million Cigarette Sales, 53% Profit Margin Conceals a Shrinking Revenue Base
British American Tobacco Zimbabwe has lost 38 million cigarette sales in the first nine months of 2026 as weaker consumer purchasing power continues eroding demand for its higher priced brands, exposi
1 day agoAnother US$1 Billion Revenue Year Looms for Delta as Half Year Sales Rival its Strongest Pre-2019 Annual Performances
Delta Corporation is heading towards another US$1 billion revenue year after generating US$607.5 million during the six months ended 30 September 2026, an 18% increase from the corresponding period.
1 day agoClinker Imports Surge 90% to US$48 Million as Dinson's US$15 Million Cement Plant Nears Commissioning
Zimbabwe's clinker imports surged 89.7% to US$48.24 million during the first eight months of 2026, exceeding the US$40.78 million spent throughout 2025, as the country prepares to commission another c
1 day agoZimbabwe Clarifies Economic Mandates for Mthuli Ncube and Tagwirei Through New Statutory Instruments
The new economic development portfolio can be assessed through concrete administrative indicators. Competition case processing times, the publication of merger decisions and the consistency of regulat
Nov 13, 2026Treasury Owes Road Contractors US$188 Million as New US$2 Million Contract Approval Rule Takes Effect
Treasury has also warned creditors against engaging third-party debt recovery consultants whose commissions it does not recognise. The directive places greater importance on formal verification and pa
Nov 13, 2026Built with Billions, Left Uninsured: Africa's Unprotected Public Infrastructure Exposes Taxpayers to Mounting Disaster Liabilities
Zimbabwe's government is moving towards compulsory insurance for public assets after its insurance regulator established that most government buildings, schools and hospitals remain without adequate p
Nov 12, 2026
