Search results for 'formal economy'
Zimbabwe
ZiG Battles On: Edges 14 Mark per Dollar

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

Sep 13, 2024
Zimbabwe
Zim's Licensing Burden: Over 25 Licenses, Permits Required to Operate One Supermarket

Operating a single supermarket in Zimbabwe requires over 25 licenses and permits, making it challenging for businesses to operate. This is despite the mantra, Zimbabwe is open for business. These li

Sep 24, 2024
Zimbabwe
Smuggling Pandemic: Afdis’ HY Earnings Efficacy Shrink

he issue of smuggling presents a significant challenge to the formal economy in Zimbabwe, undermining local businesses and distorting market dynamics. Porous borders facilitate the influx of inexpens

Nov 04, 2024
Zimbabwe
Zimbabwe’s Anti-Smuggling Push: Can SI 7 of 2025 Save Formal Businesses?

In its efforts to mitigate the expanding informal economy, the government has introduced a new statutory instrument, Statutory Instrument 7 of 2025 designed to protect formal market enterprises. This

Jan 28, 2025
Zimbabwe
ZiG’s Weekly Review as Stability Remains in Focus: Is This a Turning Point or a False Dawn?

The Zimbabwe Gold (ZiG)  experienced marginal declines, depreciating by 0.1% last week and further by 0.2% this week, closing at 23.3656 against the US dollar. This relative stability is largely attri

Jan 31, 2025
Zimbabwe
Mad Money Muse:  Zimbo Economic Circus Rolls On

This week, we’ve got a buffet of absurdity: tax revisions that scream “oops, my bad,” Blessed Geza’s grand return as the wannabe Che Guevara of Harare, Blessing Mhlanga’s jailhouse blues, Chris Mutsv

Mar 19, 2025
Zimbabwe
Is Zimbabwe losing the fight against IFFs?

According to the International Journal of World Policy and Development Studies, Zimbabwe lost over US$32.179 billion during the period 2000 to 2020 . The paper by Jeffrey Kurebwa further notes that I

Mar 19, 2025
Opinion
Mad Money Muse Zimbabwe’s Economic Soap Opera, Episode 3 – Cash, Brides, and Army Bridesmaids

Picture this: Wicknell Chivhayo, Zimbabwe’s tender-preneur extraordinaire, struts into the lobola negotiations with a briefcase stuffed with US$100,000 in crisp greenbacks. In a country where most fol

Mar 26, 2025

Top Stories

RBZ Repeal Penalties on Pricing Above Official Rate Under SI 34 of 2025: Analysing ZiG and Exchange Rate Policy Shift

Government has repealed Statutory Instrument 81A of 2024, which penalised businesses for charging goods and services above the official exchange rate set by the Reserve Bank of Zimbabwe (RBZ). This p

1 day ago

Zim's Mineral Exports Soar, Earnings Plummet 27% in Q1 2025

Zimbabwe’s mining sector has achieved a 16% increase in mineral export volumes in the first quarter of 2025 reaching 1 million metric tonnes compared to 883,301 tonnes in Q1 2024, according to the Min

2 days ago

Zimre Holdings to List Emeritus International on Botswana Stock Exchange After a Mega Profit Jump in 2024

Zimre Holdings Limited (ZHL) plans to list its reinsurance subsidiary, Emeritus International, on the Botswana Stock Exchange (BSE) in 2025, marking a pivotal step in its pan-African growth strategy.

Apr 16, 2025

Zambia's Solar Bet: Is Off-Grid Viable in SADC?

Zambia’s electrification journey has pivoted sharply toward off-grid solar solutions, driven by necessity and strategic foresight, as droughts have exposed the fragility of its 80% hydropower reliance

Apr 16, 2025

Blanket Mine Sets New Gold Production Record in Q1 2025

Blanket Mine, flagship asset of Caledonia Mining Corporation, delivered a stellar Q1 2025, achieving a record first-quarter gold production of 18,671 ounces, surpassing the previous high of 18,515 oun

Apr 15, 2025

Ariston’s Macadamia Production Rises 3%, Narrows Loss Position

Ariston Holdings Limited, a diversified agricultural company listed on the Zimbabwe stock exchange (ZSE), has reported a 3% increase in macadamia production to 1, 395 tonnes for the year ended 30 Sept

Apr 15, 2025

VFEX Achieves Record Turnover in Q1 2025, Driven by Local Investor Confidence

The Victoria Falls Stock Exchange (VFEX) posted a remarkable Q1 2025, driven by local investors who powered a record-breaking turnover of $58.5 million and a historic daily high of $40.1 million on Fe

Apr 15, 2025

Caledonia Nets $22.35M from Solar Plant Sale, Bolsters Liquidity for Gold Expansion

aledonia Mining Corporation  has sold  its 12.2 MW solar plant to CrossBoundary Energy Holdings (CBE) for $22.35 million in cash according to the latest circular by the company. This move is to allow

Apr 15, 2025