The US dollar index saw a nosedive on Friday, falling below 100 and hitting its lowest levels in over a year. The decline comes amid indications that US inflation is on a downward trend, sparking hop

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

Zimbabwe's balance of trade witnessed a significant improvement, with the trade deficit declining by over 50% to US$85.1 million from a previous figure of US$196 million, representing a decline of 56.

National Tyre Services (NTS) has concluded its fiscal year 2023 with a substantial loss of ZWL577 million, representing a stark reversal from the prior year's profit of ZWL208 million. This significa

Sugar producer, Hippo Valley Estates witnessed a 10.6% decrease in production to 57,427 during the first quarter ended 30 June 2023. This decline was attributed to delayed deliveries by farmers due to

Zimbabwe's trade deficit expanded to a three-digit figure in July 2023, marking a significant increase compared to the two-digit deficit recorded in June 2023. The total value of exports in July 2023

Starafrica Corporation, a prominent participant in the sugar industry, has recently disclosed its performance, which mirrors the multitude of hurdles it encountered during the period ended September 3

Zimbabwe's trade deficit for April widened to $256.9 million, a 37.9% increase from the $186.3 million deficit recorded in March 2024. This marked the fourth consecutive month of Zimbabwe trading in t

Zimbabwe's month-over-month headline inflation rate moderated to a zero percent print in June 2024, having receded from the prior negative territory of -2.4% observed in May, according to the nation's

Hippo Valley Estates Limited, a prominent player in Zimbabwe's sugar industry, has reported a sluggish financial performance for the fiscal year under review. The company, a subsidiary of Tongaat Hule

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

Delta Corporation, a leading beverages manufacturer with over 80% market share, has seen its performance heavily affected by the sugar tax introduced by Finance and Economic Development Minister Mthul

Zimbabwe's gold exports in July 2024 contributed 34.2% to the total exports, according to the latest Zimstat's trade report. This output increased from 30.5% in June exports. However, it was still lo

the Reserve Bank of Zimbabwe (RBZ) has announced its mid-term monetary policy statement, with no major shifts. The main bank rate remains unchanged, along with the interest rate corridor and statutor

Zimbabwe’s trade deficit has narrowed for the first time in a while, reaching US$198.7 million, a 27.7% decrease from the July 2024 deficit of US$274.9 million. The country has not recorded a trade su

Zimbabwe's September trade deficit widened by 4.2% to US$207.6 million from US$199.1 million in August, according to the latest trade data released by Zimstat. This increase resulted from a substantia

The outlook for Zimbabwe's 2024/2025 agricultural season remains precarious, exacerbated by a convergence of governmental inefficiencies and natural disasters that threaten to deepen poverty and econo

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

The year 2024 proved to be exceptionally challenging for both developed and developing nations. Zimbabwe experienced its most severe drought in over four decades, exacerbated by the ongoing geopolitic

Harare- Zimbabwe's trade deficit narrowed in October 2024, despite remaining in the red. According to data from Zimstat, total exports reached US$698 million, representing a 16% year-on-year decline f