Search results for 'zimbabwe_economy'
World
Dubai’s Maser Group Pledges US$1.6 Billion Investment in African Agriculture, Data Infrastructure

Maser Group, a closely held Dubai-based consumer electronics manufacturer,  plans to invest US$1.6 billion across Nigeria, Ghana and Kenya over the next 24 months, targeting large-scale agricultural p

Feb 09, 2026
Zimbabwe
RBZ Drops 2030 De-Dollarisation Target, Adopts Conditions-Based Mono-Currency Plan

The Reserve Bank of Zimbabwe (RBZ) has shifted its long-term monetary reform strategy from a fixed 2030 mono-currency target to a conditions-based framework, signalling that the transition to a single

Feb 11, 2026
Companies
Tobacco Demand Drives 39% Surge in Nampak Zimbabwe Q1 Sales Volumes

Nampak Zimbabwe Limited, the country’s largest packaging firm has recorded a 39% increase in group sales volumes for the first quarter to December 2025, largely driven by a surge in tobacco-related de

Feb 16, 2026
Zimbabwe
Is Zimbabwe's Gold-Backed Currency Finally Breaking the Curse of Volatility?

The Zimbabwe Gold (ZiG), the local currency unit, traded at approximately 25.57 against the US dollar on February 20, 2026, reflecting a marginal depreciation from 25.56 the previous week but maintai

Feb 20, 2026
Zimbabwe
City Parking Fees Cut to US$0.50, Licensing Overhaul Takes Legal Effect

The Government has cut city parking fees to US$0.50 cents per hour from US$1 per hour as part of a sweeping overhaul of business licensing and municipal charges now formalised under Statutory Instrume

Mar 02, 2026
Companies
Nestle Scale-Up Fuels Axia's Stellar Half-Year Growth

Axia Corporation has delivered a robust half-year performance amid regional economic headwinds, with standout revenue surges across several key subsidiaries highlighting resilience in consumer goods a

Mar 11, 2026
Zimbabwe
Zimbabwe Introduces National Standard Price List: All Payments to Suppliers to Be Made in ZiG

Zimbabwe's Ministry of Finance, Economic Development and Investment Promotion, together with the Procurement Regulatory Authority of Zimbabwe, has announced on the 13th of March 2026 a National Standa

Mar 16, 2026
Companies
Mash Holdings Profit After Tax Soars 8% in Full Year 2025

Mashonaland Holdings , a leading real estate investment and development company  has listed on the Zimbabwe Stock Exchange (ZSE), has recorded an 8% increase in profit after tax to US$4.01 million fo

Mar 19, 2026

Top Stories

ZB Financials Remains Profitable, Bad Loans Surge 518% to ZWG853m

ZB Financial Holdings has reported profit after tax of ZWG679 million for the year ended 31 December 2025, against a restated ZWG1.042 billion in 2024, a 35% decline that frames these results as a dis

9 hours ago

Currency Switch Costs TN CyberTech Bank ZWG61m in Hidden Earnings

TN CyberTech Bank Limited, the institution that spent decades as TN Bank, then Steward Bank, before shedding both identities in 2025 has reported a profit after tax of ZWG129 million for the ten month

10 hours ago

First Mutual Properties Holds $136m in Assets: ZSE Values it at $46m

Zimbabwe's largest listed property company is considering walking away from its own stock exchange, largely due to undervaluation by the Zimbabwe Stock Exchange, and the 2025 financials explain precis

10 hours ago

First Mutual Holdings Swings From $26m Loss to a $14m Profit: Property Revaluation Did Most Work

First Mutual Holdings, Zimbabwe's largest listed insurer, has  posted a profit after tax of $14.3 million for the year ended 31 December 2025, against a loss of $26.3 million in 2024. The rehabilitati

11 hours ago

Masimba Grows Revenue 10%, But Earns Less on Every Dollar

Masimba Holdings, the ZSE-listed civil engineering and contracting group entering its 75th year, posted revenue of ZWG1.6 billion for the year ended 31 December 2025, a clean 9.6% advance on the prior

11 hours ago

Most Expensive Fuel in Africa: Why the Middle East Is Only Part of the Story

Harare-Effective 2 April 2026, ZERA set diesel at US$2.11 per litre and petrol blend E5 at US$2.23, citing a 33.16% rise in the diesel FOB price since the last review as a direct consequence of the Ir

Apr 10, 2026

The Cotton Revolution: Govt Slashes Agric Levies 75% In Sweeping Regulatory Overhaul

Zimbabwe's Ministry of Finance, Economic Development and Investment Promotion has announced one of the most comprehensive regulatory reform packages the agricultural sector has seen in years, with Cab

Apr 10, 2026

Tigere REIT Leads Peers with Doubled Q1 Net Property Income, Four Yield Accretive Acquisitions Planned for 2026

Tigere Real Estate Investment Trust has once again set the pace among Zimbabwe's listed REITs, delivering a standout first quarter performance that reflects its dominance over smaller and newer peers

Apr 09, 2026