Search results for 'formal market'
Zimbabwe
ZiG Currency Conundrum: Government Cracks Down with Iron Fist to Tackle Black Market
Zimbabwe's newly introduced currency, the Zimbabwe Gold (ZiG), has experienced appreciation on the formal market on April 18, 2024, maintaining a consistent streak of appreciation. Since its introduct
Apr 18, 2024
Zimbabwe
ZiG Weekly Review: Formal Market Sees Slower Depreciation, Parallel Market Rate Drops
The Zimbabwe Gold (ZiG) exhibited a marginal depreciation of 0.1% week-on-week, trading at 26.3004 per USD on January 24, 2025, compared to 26.2614 on January 17, 2025. During the week, the ZiG trade
Jan 24, 2025
Companies
CFI Bounces Back With ZWG493 Million Profit in HY 25 , Driven by Monetary Gains
CFI Holdings Limited has staged a strong comeback in the first half of 2025, swinging from a loss of ZWG348.96 million in the prior comparable period to a ZWG493.64 million profit, according to the co
Jul 16, 2025
Top Stories
Zimbabwe Approves US$7 Billion in PPP Projects, But Less Than Half Reach Construction
Zimbabwe has approved 30 Public-Private Partnership (PPP) projects with a projected investment value of US$7 billion since 2018, though fewer than half have progressed into construction or operation,
40 minutes agoRTG Targets a Fully Solar Powered Hotel Portfolio by FY2027 After Proving the Economics at Kadoma
Rainbow Tourism Group will place every hotel in its portfolio on solar power by the end of FY2027 after the 300KVA installation at Kadoma Hotel and Conference Centre supplied about 30% of the property
1 day agoBuilding Hotels Without Building Hotels: How RTG Is Turning Existing Assets Into Its Next Growth Engine
Hospitality companies have traditionally expanded through a simple formula, acquire another property, build another hotel or borrow against the balance sheet to create additional room inventory. Howev
1 day ago
