Search results for 'Market Trends'
Zimbabwe
ZiG Experiences First Formal Forex Depreciation

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

Jun 24, 2024
Companies
Zimplats Doubles Down on Growth: Invests US$440 Million in Projects

Zimplats, Zimbabwe’s largest corporate despite facing challenging market conditions, demonstrated a strong commitment to future growth by investing US$440 million in mine replacement and expansion pro

Aug 21, 2024
Zimbabwe
September Trade Review: Gold Exports Increases but Value Declines Despite Rallying Prices

Gold exports in September 2024 surged to 40.2%, up from 37.9% in August and 34.2% in July while tobacco exports, partly or wholly stemmed, followed closely at 19.3%, marking a notable growth from 13%

Oct 25, 2024
Zimbabwe
Sweetened Opportunities: African Sugar Producers Gear Up Amid Global Supply Shortage

According to Statista, India leads global sugar consumption, followed closely by the European Union and China. By 2024/2025, global sugar consumption is projected to reach 182 million metric tons. Bra

Oct 30, 2024
Zimbabwe
Year-to-Date Tobacco Update: Rakes in $1 Billion, Exports Surge, 30% Increase in Growers

Zimbabwe's year-to-date tobacco exports have raked in US$1 billion exceeding the US$960 million recorded in 2023 according to Tobacco Industries Marketing Board. The country shipped approximately 187

Nov 05, 2024
Technology
Automotive Industry Forecast 2025: WPIC Give Projections

The World Platinum Investment Council (WPIC) has projected that automotive platinum demand will soar to an eight-year high in 2025, reflecting a transformative shift in the automotive industry toward

Dec 02, 2024
Zimbabwe
ZERA Hikes Diesel Prices for January, Petrol Remains Unchanged

The Zimbabwe Energy Regulatory Authority (ZERA) has announced an increase in fuel prices for January 2025. Diesel prices have risen slightly from US$1.53 per litre to US$1.54, while petrol prices hav

Jan 06, 2025
Companies
Delta Corporation Pays $31 Million in Sugar Taxes, Implements Strategic Mitigation Measures

Delta Corporation, Zimbabwe's largest beverages maker, has paid US$31.2 million in sugar taxes during the period from February 2024 to December 2024, which has had a ripple effect on the market. The

12 hours ago

Top Stories

Delta Suffers its Way Through The Busiest Quarter

The ZSE’s most valued company and the country’s biggest beverages maker Delta has released a trading update for the 3 months period to December 2024 painting a very dull picture on performance, one of

11 hours ago

Delta Corporation Pays $31 Million in Sugar Taxes, Implements Strategic Mitigation Measures

Delta Corporation, Zimbabwe's largest beverages maker, has paid US$31.2 million in sugar taxes during the period from February 2024 to December 2024, which has had a ripple effect on the market. The

12 hours ago

ZIDA's Digital Push Yields Results: Sees 34% Jump in Licenses Issued

The Zimbabwe Investment and Development Agency (ZIDA) has successfully achieved its goal of fully digitalising its operations in the fourth quarter of 2024, according to its latest Q4 2024 report. Th

13 hours ago

How Will Commodity Markets React to US Withdrawal from Climate Pact? Mixed Fortunes for Zimbabwe's Mining Sector

The United States President, Donald Trump, has withdrawn the United States from the Paris Agreement, citing national interests. Under the international climate accord, first negotiated in 2015, countr

1 day ago

MMCZ Appoints Nomusa Jane Moyo as New General Manager

The Minerals Marketing Corporation of Zimbabwe (MMCZ) has announced Dr. Nomusa Jane Moyo as its new General Manager, effective immediately. Dr. Moyo, who has been the Acting General Manager since July

1 day ago

WHO Loses Largest Donor: US Withdrawal Sparks Concern

United States’ 47th President, Donald Trump has pulled out from the World Health Organization (WHO), citing systemic inefficiencies in managing global health crises. Trump has articulated concerns r

Jan 21, 2025

TIMB Renews Tobacco License Application Deadlines

The Tobacco Industry and Marketing Board (TIMB) has announced new deadlines for license applications for both contractors buying and ‘A’ class buying licences. The dates have been moved to 31 March 2

Jan 21, 2025

Government’s ZiG Policies Half Baked-CZI

The Confederation of Zimbabwe Industries (CZI) has expressed concerns regarding the insufficiency of governmental initiatives aimed at stabilizing the local currency. In its recent report, "Inflation

Jan 20, 2025