Search results for 'Treasury'
Zimbabwe
Government Approves $311 Million Compensation for 740 Farms Under Global Compensation Deed
Zimbabwe’s recent initiation of compensation payments to former farm owners under the Global Compensation Deed (GCD), signed in 2020, marks a significant step toward resolving historical grievances st
Apr 10, 2025
Zimbabwe
Weekly Currency Review: Is ZiG’s Stability Fundamentally Driven or Cosmetically Defined?
The local currency, the ZiG, has maintained a stable performance for nearly a year, marking a significant milestone in the country’s economic landscape. On September 16, 2025, the ZiG opened the week
Sep 16, 2025
Zimbabwe
Finance Ministry Rolls Out Cost-Cutting Directive for Ministries and Agencies
Last week on the 24th of September 2025, the Ministry of Finance issued Treasury Circular Number 10, directing all government ministries, departments, and agencies (MDAs) to implement strict expenditu
Oct 01, 2025
Zimbabwe
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
Companies
First Capital Posts Best Profit in History: But Non Performing Loans Surge 434%
First Capital Bank Limited, the Victoria Falls Stock Exchange-listed commercial bank whose parent is FMBcapital Holdings PLC of Mauritius, has reported profit after tax of US$30.1 million for the year
Mar 27, 2026
Zimbabwe
A Shift in Tone: Treasury Signals End of Forced Confidence in National Currency
Zimbabwe's Deputy Finance Minister David Mnangagwa has said the government will not attempt to force public confidence in the Zimbabwe Gold currency, instead committing to sustained institutional supp
May 11, 2026
Top Stories
Zimbabwe Poverty Lines Drops Significantly Despite Monetary Stability, Growth Across Many Metrics
The Zimbabwe National Statistics Agency has put the Food Poverty Line for one person in May 2026 at ZWG 916.59 per month, which translates to USD 36.66 per month or USD 1.22 per day using the formal m
1 day agoZimbabwe Records Biggest Manufacturing Growth in Southern Africa: But Slips in AfDB Industrialisation Rankings
The African Development Bank's Africa Industrialisation Index 2025, which ranks all 54 African countries on the depth, quality, and diversification of their industrial development, has delivered a ver
1 day ago
