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

Top Stories

Zimbabwe’s 2026 Tobacco Season Begins

Zimbabwe's 2026 tobacco marketing season is poised to commence tomorrow, Wednesday, March 4, with auction sales opening first on the floors, followed by contract sales kicking off on Thursday, March 5

4 hours ago

Nedbank Hits Historic 8 Million Client Milestone in 2025, Eyes 66% Stake in NCBA Group

Nedbank Group, one of South Africa's four major banks, has achieved a historic milestone by reaching 8 million clients for the first time in its nearly 140-year history according to the latest circula

6 hours ago

Monetary Policy Statement: Balancing Act Between Stability and Growth

The Reserve Bank of Zimbabwe (RBZ) unveiled its latest Monetary Policy Statement (MPS) in a climate of cautious optimism and deeply contested economic realities. Industry advocacy organisation Buy Zim

10 hours ago

End of an Era: Gwen Muteiwa Steps Down as Letshego Group CFO After a Defining Chapter in Pan-African Finance

In a brief but significant announcement released on Monday morning, Letshego Africa Holdings Limited confirmed that Ms. Tinotenda Gwendoline Muteiwa, widely known as Gwen, has resigned as the company’

22 hours ago

City Parking Fees Cut to US$0.50, Licensing Overhaul Takes Legal Effect

The Government has cut city parking fees to US$0.50 cents per hour from US$1 per hour as part of a sweeping overhaul of business licensing and municipal charges now formalised under Statutory Instrume

1 day ago

How US-Iran War Is Sending Oil Prices Soaring: What It Means for Zimbabwe

On the 28th of February 2026, the world changed. A massive wave of US and Israeli airstrikes tore across Iran in what President Donald Trump described as a bid to permanently destroy the country's nuc

1 day ago

Nestlé Begins SA Retrenchments Amid Global 16,000-Job Cut

Nestlé’s global , the world's largest food and beverage company’s restructuring programme has reached South Africa, with the group initiating retrenchment consultations affecting more than 400 employe

1 day ago

RBZ Unveils New ZiG Notes: A Fresh Chapter in a Promising Currency Story

The Reserve Bank of Zimbabwe (RBZ) has announced that redesigned Zimbabwe Gold (ZiG) banknotes in denominations of ZiG10, ZiG20, and ZiG50 will enter circulation on April 7, 2026, with the ZiG100 and

Feb 27, 2026