Econet Wireless Zimbabwe, the country's largest telecom operator, contributed a staggering ZWL3.8 trillion to the government and statutory bodies in the fiscal year ended February 29, 2024. This figur

In a strategic move to strengthen its transport logistics operations, Unifreight Africa Limited has deployed an additional 50 FAW 380FT Truck Tractors with Afrit Tautliner Trailers into the local and

BZ Bank and African Export Import Bank (Afreximbank) have signed two financing facilities worth a total of US$80 million to support Zimbabwean exporters. The first facility is a US$60 million line of

The Zimbabwe Gold (ZiG), has continued to maintain stability on the formal market since its inception, helping to curb inflationary pressures. On June 17th, the currency traded at ZiG13.4910 per US do

Mash Holdings, a leading real estate investment and development company, has reported a strong start to 2024 with impressive financial and operational metrics in its initial five months of the year.

The ZiG has experienced its inaugural depreciation in the formal forex market since its inception, as per the data reported by the Central Bank. On a week-over-week basis, the ZiG was quoted at 13.581

Food security is a critical component of a stable currency and economy. Everyone in a society must spend money on food, regardless of their income level. In an inflationary environment like Zimbabwe,

Meikles Limited, one of Zimbabwe's largest diversified conglomerates, has announced that it is seeking shareholder approval for the disposal of certain key assets at a future Extraordinary General Mee

The Reserve Bank of Zimbabwe, the nation's central banking authority, has elected to maintain the benchmark interest rate at its current level for the third consecutive period, as evidenced by the lat

Nampak Zimbabwe’s profitability has been adversely impacted by the effects of prolonged drought conditions stemming from the El Niño climatic phenomenon according to its latest half-year financials. T

The macroeconomic headwinds arising from the government's implementation of price controls have dented the sales performance of OK Zimbabwe, the country's leading retail gem. However, the company has

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

The local unit, the Zimbabwe Gold (ZiG), has exhibited a week-over-week depreciation of 0.9% against the United States Dollar (USD), opening the new month of July at a spot rate of ZiG13.7026, as per

In a remarkable turn of events, the precious mineral, gold, has reclaimed its coveted position as Zimbabwe's primary export commodity, accounting for 42.5% of the nation's overall exports as of May 2

The embattled ZiG, a currency embroiled in a fierce battle for survival, has found itself in a perilous state, trading at an alarming rate of 13.7689 against the mighty U.S. dollar on July 24th, 2024

Zimbabwe's gold exports for June 2024 remained the top export, but fell to 30.5% according to data released by the country's statistics agency, ZIMSTAT. This is down from a higher of 42.8% in May, a

CFI Holdings has faced significant challenges in its operations, citing high competition from unregistered informal market players and the impact of drought conditions in the six months to 31 March 20

he Zimbabwe Gold (ZiG) has recorded a poor performance in July 2024. It started trading in April 2024 at a high of 13.56 ZiG per US dollar, but by the end of July 2024 had fallen to 13.79 per dollar.

Zimbabwe Development Agency (ZIDA) has reported a strong performance in the second quarter of 2024 having issued 154 new licenses with a projected value of $1.809 billion, which was an improvement fro

The Zimbabwe Gold (ZiG) traded at 13.7863 on the 15th of August, down from 13.7854 in the prior week, continuing the downward trend observed in July 2024. The ZiG, backed by gold and US dollar reserve