Zimbabwe's economic growth forecast for 2024 has been slashed to 2%, down from the initial projections of 3.6%. This downward revision is primarily due to the impact of the ongoing drought in the regi
May 31, 2024
The world is facing a daunting public debt crisis, with global debt projected to exceed US$100 trillion, or 93% of global GDP, by the end of this year according to the latest data by the International
Oct 16, 2024
Zimbabwe's Finance Minister's emphasis on sincerity in economic policy remains highly relevant as the country pursues currency stabilisation, confidence-building, debt management, and reforms amid lon
Jan 06, 2026
Zimbabwe and the International Monetary Fund have agreed to a 10-month Staff-Monitored Programme (SMP), a move aimed less at securing immediate funding than at rebuilding trust with international cred
Feb 09, 2026
RioZim’s latest restructuring plan shows where management believes the group’s last realistic recovery path now sits. By giving up its stake in Murowa Diamonds to ease debt pressure and redirecting at
Mar 31, 2026
The International Monetary Fund projects Zimbabwe's economy will grow 5% in 2026, matching the government's own forecast and beating the IMF's continental average projection of 4.3%. Alongside that p
Apr 17, 2026
Zambia's economy expanded by 7.7% during the first quarter of 2026, marking its fastest quarterly growth in several years as a strong agricultural recovery, improving domestic demand and expanding ser
Jun 25, 2026
Zimbabwe’s debt resolution programme has reached the point where its credibility will be judged by two payments moving in opposite directions across the same public balance sheet. Treasury needs about
Aug 03, 2026
Zambia has given President Hakainde Hichilema a second five year mandate after an election that turned the country's economic recovery into a national vote and placed the quality of its democracy unde
Aug 18, 2026
Hichilema secures a second term decisively. Whether that mandate converts into the stability business actually needs is the test now beginning. Zambia Election 2026, Hakainde Hichilema, Brian Mundubil
Dangote Petroleum Refinery plans to pursue a secondary listing in New York after doubling its Nigerian refining capacity to 1.4 million barrels a day, extending a capital-raising programme that has al
First Mutual Holdings has recorded a 222% increase in first-half profit, which also conceals a weaker performance from its core insurance operation, with investment returns and property revaluations p
Meikles Limited is progressing the disposal of its 50% Victoria Falls Hotel operating interest, 28 years after acquiring the stake in 1998. The Zimbabwe Stock Exchange-listed group holds interests in
Zimbabwe’s gold sector has moved into its strongest position yet to achieve the Government’s 50-tonne target for 2026 after Fidelity Gold Refinery received 5.11 tonnes in August, taking cumulative del
Mutapa Energy Resources is moving Sandawana towards large-scale lithium processing with a planned US$300 million concentrator and a separate US$400 million lithium sulphate project, giving Zimbabwe's
he Zimbabwe Energy Regulatory Authority raised the maximum diesel price to US$2.08 per litre from US$1.95, effective 17 September, placing the regulated fuel price back above the US$2 mark reached dur
Zimbabwe's solar investment is moving beyond the question of how to keep the lights on, with farmers, manufacturers, miners and other businesses increasingly using private generation to protect produc
Zimbabwe is joining a six-country SADC initiative to explore pooled procurement of medicines and health commodities, opening a new route for the country to increase purchasing power and potentially de
