During the close of the second week of January 2025 (10/01/2025), the local currency has traded at an exchange rate of 26.0579 against the US dollar, reflecting a slight depreciation from the opening

Zimbabwe has achieved an export value of US$905.2 million in November 2024, marking a significant 29.7% increase from US$698.1 million in October 2024, according to the latest data released by the sta

In the half-year period ended September 30, 2024, National Tyre Services (NTS) reported a substantial decline in both volume and sales figures, attributed to a myriad of factors such as supply chain d

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

Choppies has sold its operations  to Sai Mart effective 1 January 2025 due to  struggling under the weight of unfavourable government policies favouring informal traders. This follows after the retai

Zimbabwe's trade deficit narrowed by 66% to US$46.9 million in November 2024 from m US$698.1 million in October , attributed  to better exports of gold and tobacco according to the latest Zimstat data

Zimbabwe is likely to face a dark festive season due to persistent power outages. The continued nationwide blackouts and inadequate power generation, which fails to meet demand, support this predicti

Zimbabwe's agricultural sector has achieved a landmark milestone, with the country's wheat harvest reaching an unprecedented 563,961 metric tons (MT) as of the latest update. This is according to the