Mutapa Investment Fund's acquisition of a 37.1% stake in Cottco reflects a strategic decision by the government to transfer its shareholding from the Ministry of Finance and Economic Development. This

Zabron Chilakalaka, Zimswitch CEO, expressed his enthusiasm, "We are thrilled to present the Zimswitch Payments Conference, which promises to be an enriching and transformative experience for all atte

aledonia Mining Corporation has made significant strides in promoting environmental, social, and governance (ESG) practices and corporate governance in 2023 by having slashed diesel usage by 62% as pa

The largest seed house in the country, Seed Co is currently struggling  with financial challenges attributed to delayed payments from the government, which owes the company US$8.6 million. This outst

he Reserve Bank of Zimbabwe (RBZ) has introduced a transformative policy aimed at formalizing the informal trading sector and promoting digital transactions. Effective immediately, local authorities

Zimbabwe’s titan bank, FBC Holdings, has launched a new family of FBC Premium Mastercard products yesterday at the Hyatt Regency Hotel in Harare. It is linked to both USD and Zimbabwe Gold (ZWG), an

Zimbabwe's tobacco marketing season commences today, with the agricultural sector projecting a yield of 300 million kilograms of premium flue-cured leaf  in 2025. Under the nation's dual-currency set

Zimbabwe’s trade deficit reached a s US$217.7 million in February 2025, a 124.2% increase from the US$97.1 million deficit recorded in January, reflecting a deepening economic crisis driven by declini

Zimbabwe’s recent initiation of compensation payments to former farm owners under the Global Compensation Deed (GCD), signed in 2020, marks a significant step toward resolving historical grievances st

The Grain Marketing Board (GMB) has secured USD 5 million and ZWG 15 million this week to settle outstanding wheat payments, pushing total disbursements to USD 28 million and ZWG 230 million, accordin

ZB Financial Holdings, a prominent financial services provider in Zimbabwe, has launched two innovative digital payment solutions: Smile Cash, a digital wallet, and Smile & Pay, a payment gateway desi

Bitumen World, one of Zimbabwe’s largest construction contractors, has announced job cuts due to severe cash flow pressures stemming from delayed government payments. In a statement, the company said

In the week to 25 August 2025, the Zimbabwe Gold (ZiG) exhibited remarkable stability, experiencing a marginal depreciation of 0.02%, moving from an exchange rate of 26.7683 on August 19, 2025, to 26.

Zimbabwe's economy, battered by decades of hyperinflation and currency instability historically, has continued showing tentative signs of stabilisation with September inflation nosediving in both ZiG

Zimbabwe has achieved a trade surplus of $7 million in August 2025, its first since July 2019, reversing July 2025’s $10.2 million deficit. Exports increased 0.3% to $878.2 million from $876 million,

Zimbabwe’s Grain Marketing Board (GMB) has disbursed  US$22 million to farmers , as government accelerates payments for delivered grain amid a steady build-up of the country’s Strategic Grain Reserve

The Grain Marketing Board has cut the maize incentive price in USD for the 2025/2026 season, the first time in USD era. At USD 364.75 per metric tonne, the GMB is paying farmers USD 11.73 less per ton

Zimbabwe's 2026 tobacco marketing season has recorded cumulative sales of 149.9 million kilograms at an average price of USD 2.65 per kilogram by Day 34, with tobacco exports reaching 83 million kilog