Search results for 'ZIMBABWE DOLLAR'
Zimbabwe
Most Insignificant Drop for the Zimbabwe Dollar as RBZ Hints of Gold-Backed Currency

Embattled Zimbabwe dollar dropped -2% against the greenback on the latest Auction Market held on 25th April 2023, from ZWL1000.0227 to 2WL1021.2072, the least depreciation since the year commenced. Th

Apr 26, 2023
Zimbabwe
Zimbabwean Dollar sustains recovery

The Zimbabwe dollar has appreciated to ZWL5395.9619 on the latest auction market held on the 4th of July 2023, notching up 17% gain from ZWL6326.5877 traded last week per dollar. This is the biggest

Jul 05, 2023
Zimbabwe
Zim Dollar’s Sustained Recovery Raise Questions

The Zimbabwe dollar has sustained a recovery trend, firming to ZWL4998.8352 in the latest auction market held on July 11, 2023, with an 8% week-to-date increase. This marks one of the strongest perfor

Jul 12, 2023
Zimbabwe
Illusion of Stability? Zimbabwe Dollar Takes Gains to Fourth Straight Session

The Zimbabwe dollar has sustained the recovery trend on formal market after firming by 5% on the latest auction market from ZWL4998.8352 during the previous week to ZWL4771.3854 during the week under

Jul 20, 2023
Companies
Meikles Limited Expands Property Portfolio

Diversified retail outfit, Meikles Limited Zimbabwe has expanded its property portfolio in the full year to 28 February 2023 after the completion of various projects. Meikles Limited, which is into re

Jul 21, 2023
Zimbabwe
Central Bank Blows Own Trumpet

On July 28th, the Central Bank issued a circular outlining the resolutions reached during the monetary policy meeting held on that day to evaluate the efficacy of recent policy interventions implement

Aug 01, 2023
Zimbabwe
Zim Dollar Retreats After Five Weeks of Appreciation

The Zimbabwe dollar has witnessed its first depreciation during the first trade in August after a period of five consecutive weeks of appreciation against the US Dollar according to the latest data fr

Aug 02, 2023
Companies
Willdale Reports Strong Revenue Despite Challenges

Willdale Limited, a brick maker in Zimbabwe, has reported robust revenue growth of 83% to ZWL 20 billion during the nine months leading up to June 2023, despite the challenges posed by exchange rate d

Aug 17, 2023
Companies
Star Africa Trades FY Loss Blame with Government

Star Africa Corporation, a sugar producer listed on the Zimbabwe Stock Exchange (ZSE), has reported a loss after tax of ZWL2 billion for the full year ended 31 March 31 2023. This represents a signifi

Sep 11, 2023
Companies
Exchange Losses Impede Dairibord's Profitability

pologies for the error. Dairibord Zimbabwe Limited, the largest dairy products processor listed on the Zimbabwe Stock Exchange (ZSE), has reported a loss after tax of ZWL4 billion for the six months e

Oct 02, 2023
Zimbabwe
Retailers Urge Government to Abandon Pegged Exchange Rate: Will Government Heed?

The Retailers Association of Zimbabwe (RAZ) has urged the government to abandon the pegged exchange rate system in favor of a market-determined exchange rate, believing this shift could revitalize the

Sep 24, 2024
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

No More Easy Fees: RBZ's Reforms Marks the End of Transactional Rent-Seeking for Banks

For the better part of a decade, Zimbabwe’s banking sector operated on a model that would be unrecognisable in most developed financial markets. Fees and commissions, not interest income from lending,

2 hours ago

Zimbabwe's Bigest Bank Profit Falls 33% as Fee Income Model Comes Under RBZ Pressure

CBZ Holdings Limited, Zimbabwe’s largest financial services group by assets and deposits, reported profit after tax of ZWG 361.34 million for the first quarter ended 31 March 2026, a 32.8% decline fro

6 hours ago

The New Gold Standard: Harare Bars Foreigners From Small-Scale Gold Mining

Zimbabwe gold, small-scale mining, foreign mining ban, citizen empowerment, gold smuggling, Fidelity Gold Refinery, mining policy, Polite Kambamura, US$15m threshold, resource nationalism

1 day ago

Zimbabwe Declares Its Minerals Strategic: Critical Minerals Policy Rewrites Ownership Rules

On 22 May 2026, Zimbabwe formally published its Mineral Classification and Declaration, designating lithium, platinum group metals, cobalt, nickel, graphite, copper, rare earths, and chrome as Critica

May 23, 2026

China Opened the Gate: Zimbabwe’s Horticulture Sector Must Now Meet the Standard

Zimbabwe’s horticultural trade relationship with China entered a structurally new phase on 1 May 2026, when Beijing’s zero-tariff policy for 53 African countries came into full effect. For Zimbabwean

May 22, 2026

What Does ASB’s US$30m Kingdom Hotel Deal Say About Victoria Falls Tourism?

When the Competition and Tariff Commission approved the acquisition of Makasa Sun by ASB Hospitality LLC without conditions in February 2026, the regulatory decision ran to a paragraph. The transactio

May 22, 2026

Milk Production Climbs to 40m Litres, Imports Expose Dairy Processing Deficit

Zimbabwe's commercial milk production grew 7% to 40 million litres in the first four months of 2026, up from 38 million litres in the comparable period last year, as the country edges toward what gove

May 21, 2026

NMB vs First Capital: What Q1 Results Reveal About Two Different Banking Strategies

NMB Holdings, has reported profit after tax of USD 8.34 million for the first quarter ended 31 March 2026, against USD 2.52 million in Q1 2025, a 231% increase according to the latest trading update.

May 21, 2026