Search results for 'Economic Downturn'
Zimbabwe
ZiG Continues Downward Trend as November Opens

The Zimbabwe Gold (ZiG) has demonstrated a continued suboptimal performance, declining to 28.6829 on November 1, 2024, from 27.44, marking a significant week-on-week decrease. This downturn represent

Nov 04, 2024
Companies
The Retail Apocalypse: CZR Pleads for President Mnangagwa's Intervention ‘as Authorities Continue Presenting Misleading Picture of Operational Landscape’

The Confederation of Zimbabwe Retailers (CZR) has formally solicited the intervention of President Emmerson Mnangagwa to salvage the remaining components of the structured retail and wholesale sector

Jan 27, 2025
World
Why Gold is a Strategic Asset That Outperforms Traditional Assets During Economic Downturns

Gold has long been recognized as a strategic asset, playing a pivotal role in the construction of well-diversified investment portfolios. According to World Gold Council, Its unique characteristics m

Feb 03, 2025

Top Stories

Ramaphosa Rejects Trump’s G20 Exclusion: “South Africa Remains a Full Member”

he U.S. President Donald Trump has announced yesterday, the 26th of November 2025 that South Africa would be barred from attending the 2026 G20 Summit, set to be hosted in Miami, Florida. Speaking fr

2 hours ago

ZiG Appreciates 5 Straight Sessions Amid Dollar Meltdown

The Zimbabwe Gold (ZiG) opened the week of 24 November 2025 stronger at 26.2965 per US dollar, marking a notable firming from 26.3218 recorded on Friday 21 November and a significant appreciation from

7 hours ago

CAFCA Bleeds as Cheap Imports Flood Market: Volumes Down 8%, Profit -68%

Zimbabwe's only listed cables manufacturer, CAFCA has faced a challenging fiscal year ended 30 September 2025, marked by an 8% year-on-year decline in volumes that reflects the vulnerabilities of loca

8 hours ago

OK Zimbabwe Market Update: Revenue Remains Below Break-Even, 3 More Stores to Close

Retail giant OK Zimbabwe Limited has released a crucial market update, providing shareholders and stakeholders with a transparent view of its ongoing battle to return to financial health. Following ca

Nov 21, 2025

Econet Joins Delta in US$1 Billion Club Race, H1 Revenue Surpasses US$500m on Voice Traffic, Data Dominance

Econet Wireless Zimbabwe delivered a robust financial performance for the half-year ended 30 September 2025, posting group revenue of ZiG 13.5 billion, representing a 39% year-on-year increase from Zi

Nov 19, 2025

Beverages Behemoth: Delta to Become Third Billion-Dollar Corporate in 2026

n the resilient yet turbulent landscape of Zimbabwe's economy, few companies embody the nation's unyielding spirit quite like Delta Corporation Limited. As the blue-chip behemoth of the Zimbabwe Stock

Nov 18, 2025

Zimbabwe Gold Investment Conference 2025: Zimbabwe's Golden Data Gap

The presentation by Dr. Godknows Njowa at the Zimbabwe Gold Investment Conference 2025 offers a sobering yet strategically vital analysis of the intersection between mineral reporting, exploration, an

Nov 17, 2025

BAT Zimbabwe Volumes Fall 7% as USD Pricing Squeezes Consumer Demand

British American Tobacco Zimbabwe (BAT) , a cigarette maker and distributor has recorded a 7% decline in sales volumes for the nine months to 30 September 2025 according to the latest trading update.

Nov 17, 2025