Search results for 'Trade balance'
Zimbabwe
Zimbabwe Trade Balance Worsens by 26%, What it means for the economy

While platinum prices gained during the quarter owing to strong industrial demand for auto catalysts during the first quarter of 2023 as China reopened its industry from Covid-19 induced lockdowns, th

May 30, 2023
Zimbabwe
Zimbabwe's Trade Deficit Soars: Enters Triple-Digit Territory

Zimbabwe's trade deficit expanded to a three-digit figure in July 2023, marking a significant increase compared to the two-digit deficit recorded in June 2023. The total value of exports in July 2023

Aug 30, 2023
Zimbabwe
Zimbabwe's Trade Deficit Narrows as Exports Rise, Driven by Gold, Tobacco

Zimbabwe’s trade deficit has narrowed for the first time in a while, reaching US$198.7 million, a 27.7% decrease from the July 2024 deficit of US$274.9 million. The country has not recorded a trade su

Oct 01, 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
September Trade Deficit Widens Despite a Surge in Gold Exports

Zimbabwe's September trade deficit widened by 4.2% to US$207.6 million from US$199.1 million in August, according to the latest trade data released by Zimstat. This increase resulted from a substantia

Oct 28, 2024
Zimbabwe
October External Trade Overview: Trade Balance Improves, Gold Surge, Fuel, Maize Imports Dominates- Key Drivers Revealed

Harare- Zimbabwe's trade deficit narrowed in October 2024, despite remaining in the red. According to data from Zimstat, total exports reached US$698 million, representing a 16% year-on-year decline f

Nov 28, 2024
Zimbabwe
Gold Exports Set New Record by Surpassing 300 Million in April Alone

Zimbabwe’s gold exports achieved a remarkable milestone in April 2025, surpassing the $300 million mark in a single month. This record-breaking performance was propelled by a surge in production and e

May 29, 2025

Top Stories

VFEX Turnover More than Quadruples to US$58.5 Million in Q1 2025

The Victoria Falls Stock Exchange (VFEX), a dynamic subsidiary of the Zimbabwe Stock Exchange (ZSE), has solidified its role as a catalyst for Zimbabwe’s ambitious International Financial Services Cen

1 day ago

Caledonia Mining Boosts Gold Production Prospects at Blanket Mine with Encouraging Drill Results

Caledonia Mining Corporation has reported promising high-grade results from its ongoing resource expansion drill programme at its owned Blanket Mine. This will improve gold production at Blanket, whi

Jun 24, 2025

Zimbabwe Gold Sees First Appreciation Since May Post-Gold Coins Era

The Zimbabwe Gold (ZiG) has appreciated for the first time since May 21, rising from 26.9965 to 26.9543 against the U.S. dollar on the formal market today, marking its first gain in June following the

Jun 24, 2025

Oil Prices Surge to 5-Month High Amid US-Iran Conflict

Oil prices have skyrocketed to a five-month high, with Brent crude surging 5.7% to US$81.40 a barrel before settling at US$78.39, with U.S. West Texas Intermediate rising 2.6% to US$75.76. The spike

Jun 23, 2025

ZiG Weekly Commentary: From Gold Coins to Growth, ZiG’s New Era

The ZiG maintained relative stability in the willing buyer-willing seller auction market. On June 20, 2025, it depreciated slightly to 26.9918 from 26.9768 the previous week, before recovering margina

Jun 23, 2025

Zimbabwe's Tobacco Production Surpasses 300 Million Kilograms, Eyes New Record

Zimbabwe’s tobacco industry has achieved a historic milestone in 2025, surpassing 300 million kilograms of production, generating over US$1 billion in revenue by June 19, 2025 according to TIMB.  Thi

Jun 23, 2025

POSB Launches Instant Payday Loan

People’s Own Savings Bank (POSB), Zimbabwe’s government-owned financial institution, has launched the Instant Payday Loan, a fully automated loan facility designed to empower customers with rapid acce

Jun 19, 2025

Tobacco Sets New All Time Historic High

obacco Industry Marketing Board has reached a record 299.1 million kilograms as of day 71 of the  2025  marketing season, generating  US$1,004,477,101 billion in revenue, according to the latest daily

Jun 19, 2025