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

Zimbabwe's Gold Royalty Reform: No Full Backtrack, a Pragmatic Gamble on Soaring Prices

Zimbabwe's gold sector has continued its remarkable surge in 2025, building on the record 36.48 tonnes produced in 2024 (following a dip to 30.1 tonnes in 2023). The country surpassed its annual prod

Dec 25, 2025

Diamond Sector's Revival: Exports Hits Record,But Reforms a Game-Changer

Zimbabwe’s diamond industry continues to exhibit resilience amid hardship, with October 2025 exports surging to $43.4 million from zero in September, lifting the first 10 months' cumulative revenue t

Dec 17, 2025

OK Zimbabwe Settles Half of Supplier Debt: Is Recovery on the Horizon?

OK Zimbabwe, Zimbabwe's largest formal retailer by store count, has settled approximately half of its outstanding supplier arrears using proceeds from a US$20 million rights issue completed in August

Dec 17, 2025

Econet to Voluntarily Delist from ZSE After 27 Years, List on VFEX by Introduction

Zimbabwe's leading telecommunications operator, Econet Wireless Zimbabwe, is set to delist from the Zimbabwe Stock Exchange (ZSE) after 27 years of being listed, having made its debut on the exchange

Dec 16, 2025

NTS Exits ZSE, Looks for Greener Pastures

National Tyre Services (NTS), Zimbabwe’s leading tyre distribution and retail company, is voluntarily delisting from the Zimbabwe Stock Exchange to look for greener pastures with  effect from 31 Decem

Dec 16, 2025

Meikles Loss Skyrockets 11K% Amid Harsh Retail Climate

Meikles Limited has slipped deeper into the red, with its inflation-adjusted loss for the six months to 31 August 2025 ballooning to ZWG165.7 million, a dramatic surge from the near-break-even positio

Dec 15, 2025

Zimbabwe Surpasses 40-Tonne Gold Target Early, Earnings Eye Over $4 Bn: But is Treasury Benefiting?

Zimbabwe's gold sector has achieved a notable milestone in 2025, surpassing its annual production target of 40 tonnes with a cumulative year-to-date output of 41.4 tonnes as of November, exceeding pro

Dec 11, 2025

Kavango Extends Nara Deal as Legal Hurdles Slow Completion

Kavango Resources plc, the London- and VFEX-listed exploration company, has pushed back completion of its planned acquisition of the Nara Gold Project to 27 February 2026, a move that while expected w

Dec 11, 2025