Search results for 'Inflation Control'
Zimbabwe
RBZ Holds Benchmark Rate at 20% for Third Consecutive Period

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

Jun 27, 2024
Zimbabwe
RBZ Raises Policy Rate, Reserve Requirements: Implications for Banks, Businesses, Consumers

The Reserve Bank of Zimbabwe has raised the bank policy rate from 20% in April this year to 35%, according to the latest Monetary Policy Statement released last Friday. Standard and statutory reserve

Sep 30, 2024
Zimbabwe
ZiG Weekly Review: RBZ Implements Strategic Policies to Stabilise ZiG

The Zimbabwe Gold (ZiG) experienced a downward trajectory over two consecutive weeks, depreciating to 26.4072 against the US dollar on February 7, 2025, from 26.3656 on January 31, 2025, reflecting a

Feb 10, 2025
Zimbabwe
ZiG Weekly Review: Gradual Erosion Continues, What’s the Key to Sustainable Stability?

The Zimbabwe Gold (ZiG) has faced persistent bearish pressure against the US dollar (USD), settling at an exchange rate of 26.7069 as of March 21, 2025, marginally weaker than its 26.7116 close on Jan

Mar 21, 2025
Zimbabwe
RBZ Holds Firm at 35% Rate Amid Weak Demand, Looming ZiG Inflation Spike

he central banking authority, Reserve Bank of Zimbabwe has held interest rate firm at 35% as it continues its gamble to fight inflation head-on. In its latest Monetary Policy Statement (MPS) followin

Mar 31, 2025

Top Stories

BAT Anticipates Comeback After Transitioning to a Loss in FY2024

British American Tobacco Zimbabwe (BAT Zimbabwe) experienced a pronounced financial reversal in its fiscal year 2024 (FY2024), transitioning from a profit after tax of ZWG 234 million (US$9 million to

2 hours ago

ZERA Hikes Fuel Prices for July

The Zimbabwe Energy Regulatory Authority (ZERA) has announced an upward adjustment in fuel prices for the month of July, reflecting both global oil market trends and persistent domestic vulnerabilitie

3 hours ago

ZSE Joins SWIFT Network, in Push for International Financial Credibility

The Zimbabwe Stock Exchange Holdings Limited (ZSE Holdings) has joined the Society for Worldwide Interbank Financial Telecommunication (SWIFT) network a globally recognised platform for secure financi

1 day ago

Seed Co Reports 93% Revenue Growth in FY25, but Government Debt, Currency Shift Weaken Profits

Seed Co, Zimbabwe’s leading seed company with a robust regional footprint, reported a 52% surge in sales volume for the fiscal year ended March 31, 2025 (FY2025), driven by strong demand in both domes

1 day ago

Willdale Invests in All-Weather Plant as Losses Rise Fourfold on Low Working Capital

Willdale Limited, Zimbabwe’s sole publicly listed brick manufacturer, is divesting non-core real estate assets to fund a $3.5 million all-weather production facility and modernised brick-making equipm

Jul 09, 2025

Gold, Nickel Pushes Zimbabwe’s Exports to 6-Month Peak: But Import Bill Overshadow Gains

Zimbabwe’s merchandise exports reached a six-month high of USD 727.3 million in May 2025, reflecting a 9.6% month-on-month increase from USD 663.8 million in April 2025, according to Zimstat data. T

Jul 08, 2025

Reclaiming Bread-Basket Status: May Maize Imports Plunge

Zimbabwe’s maize imports plummeted in May 2025, nosediving from a hefty $43 million in April to a mere $31.5 million, a dazzling turnaround sparked by a stellar harvest season that roared to life by J

Jul 07, 2025

Trump’s Ukraine Arms Halt: Is Democracy at Risk?

On July 2, 2025, the Trump administration has halted critical weapons shipments to Ukraine, citing depleted US military stockpiles. This decision, affecting vital munitions like 155mm artillery shells

Jul 03, 2025