Search results for 'ZIMBABWE'
Zimbabwe
ZiG Weekly Review: Gradual Erosion Continues, What’s the Key to Sustainable Stability?
The Zimbabwe Gold (ZiG) has faced persistent bearish pressure against the US dollar (USD), settling at an exchange rate of 26.7069 as of March 21, 2025, marginally weaker than its 26.7116 close on Jan
Mar 21, 2025
Companies
Distribution Group Africa Set to Restructure and Realign Performance with Revenues
Distribution Group Africa (DGA), a vital arm of Axia Corporation Limited operating across Zimbabwe, Malawi, and Zambia, is embarking on a strategic restructuring to reverse declining revenues and alig
Mar 24, 2025
Zimbabwe
Gold Weekly Wrap: Trio of Titans, How 9 Tonnes Set Stage for Zimbabwe’s Gold Glory
Zimbabwe is gearing up for an ambitious goal of producing 40 tonnes of gold in 2025, a target made tantalisingly achievable by gold prices soaring past $3,000 per ounce amid global geopolitical tensio
Mar 24, 2025
Opinion
Mad Money Muse Zimbabwe’s Economic Soap Opera, Episode 3 – Cash, Brides, and Army Bridesmaids
Picture this: Wicknell Chivhayo, Zimbabwe’s tender-preneur extraordinaire, struts into the lobola negotiations with a briefcase stuffed with US$100,000 in crisp greenbacks. In a country where most fol
Mar 26, 2025
World
ZiG Deflation Hits -0.1% in March as USD Inflation Holds Steady at 15%: Contrasts Southern Africa’s Varied Trends
Inflation dynamics in Southern Africa as of March 2025 reveal a region of contrasts, with Zimbabwe’s dual-currency system standing out as a focal point of economic complexity. Zimbabwe’s ZiG month-on
Mar 28, 2025
Companies
Padenga’s Golden Leap: Runner-Up Gold Producer Cashes in +US$200 Million As Gold Output Jumps 17%
Padenga Holdings Limited, a gold mining titan listed on the US-Dollar denominated bourse Victoria Falls Stock Exchange (VFEX) has cemented its place as a giant in Zimbabwe’s gold mining sector, deliv
Mar 31, 2025
Zimbabwe
Zimbabwe’s Gold Export Earnings Sink for 3 Consecutive Months Despite Soaring Price Records
Zimbabwe’s gold export earnings have inexplicably plunged for three consecutive months slipping from a record high of US$361.1 million in November 2024 to US$291.8 million in December, US$291.4 milli
Apr 01, 2025
Zimbabwe
ZiG Weekly Commentary: Gradual Erosion Hits New April Peak, RBZ Holds Rates High But Demand Action Lags
The Zimbabwe Gold (ZiG) persists in its slow decline, with March’s gradual erosion spilling into April 2025. The ZiG closed at 26.77 on 31st of March 2025 from 26.72 in the previous week against the
Apr 02, 2025
Top Stories
MBZ's Profit Turnaround Amidst Qualified Audit Opinion: A ZWG248Mn Prior Period Error Reshapes 2024 Numbers
NMBZ Holdings Limited has swung from a restated loss of ZWG205 million in 2024 to a profit after tax of ZWG251 million in FY2025, a turnaround that looks decisive until the audit opinion is read caref
4 hours agoZimpapers' Revenue Collapse Against a Forensic Audit in Progress: Loses Ground on Every Front Simultaneously
Zimbabwe Newspapers (1980) Limited recorded a loss before tax of ZWG96.3 million in FY2025, nearly double the ZWG55.7 million loss of the prior year, as revenue contracted 15.5% to ZWG622.1 million an
11 hours agoBAT’s Profit Surge Against Revenue Decline: A 582% Earnings Jump With Nothing to Do With Selling Cigarettes
BAT Zimbabwe has posted one of the most spectacular profit numbers in Zimbabwe's FY2025 earnings season, and probably, one of the most misleading according to its FY2025 financial results. The group
Apr 05, 2026Dairibord's Tax Bill Swallows 66% Profit Surge as ZIMRA's Reach Extends Into Boardrooms
Dairibord Zimbabwe Limited, the country’s largest milk processor and various mik products producer has recorded a 66% rise in profit before tax to US$5.34 million for the year ended 31 December 2025,
Apr 05, 2026February Trade Snapshot: 5 Straight Surpluses, Imports Triple, 80% of Earnings Flow to Two Countries at War
Zimbabwe's merchandise trade recorded a surplus of US$46.5 million in February 2026, according to the latest trade data, marking the fifth straight surplus, the best performance in Zimbabwe’s trade.
Apr 01, 2026
