Zimplow Holdings Limited has announced that it will be delisting from the Zimbabwe Stock Exchange (ZSE) on July 12, 2023, followed by its listing on the US Dollar-denominated Victoria Falls Stock Exch
Jul 07, 2023
Victoria Falls Stock Exchange (VFEX) has achieved noteworthy accomplishments and capital raising since its inception in 2020. VFEX is a subsidiary of the Zimbabwe Stock Exchange. VFEX's remarkable per
Jul 26, 2023
The Zimbabwe dollar exhibited its fifth consecutive period of appreciation, trading at ZWL4505.4232 against the greenback, up from ZWL4771.3854. This marked a significant week-on-week increase of 6%,
Jul 28, 2023
On the RBZ-governed Auction Market, the Zimbabwean dollar experienced a negative performance, marked by a 0.4% depreciation on August 8th, taking it to two straight sessions of depreciation. The curre
Aug 09, 2023
As the elections period draws closer, the Zimbabwe dollar has encountered its third consecutive session of losses against the US dollar. On the latest wholesale RBZ-governed auction market, the curre
Aug 17, 2023
The Zimbabwe dollar experienced a depreciation today, marking the second consecutive week of decline against the US dollar. This follows the contentious election, which has heightened concerns about i
Sep 06, 2023
During the second week of the highly contested elections in Zimbabwe, the Zimbabwe dollar experienced a depreciation of 1% on the willing buyer willing seller interbank market. Although this depreciat
Sep 12, 2023
The Zimbabwe dollar weakened on the latest RBZ-governed liberalised auction market system, falling to ZWL4712.1675 from ZWL4647.9681 last week, representing a 1% decline. This marks the third consecut
Sep 13, 2023
The Zimbabwe dollar experienced its most significant decline, not only after the disputed election but since the start of July, indicating a rise in the injection of Zimbabwe dollar liquidity into the
Sep 20, 2023
Cigarette maker and distributor, British-American Tobacco (BAT), has reported a half-year loss for the period ended 30 June 2023. This loss is particularly significant as it has doubled from the previ
Oct 03, 2023
The Zimbabwe dollar has witnessed one of the most insignificant drops in the latest auction market held on the 10th of October 2023, trading at ZWL5633.9332 compared to ZWL5591.9615. This decline is
Oct 11, 2023
The Zimbabwe dollar maintained its depreciation rate of 0.4% during the latest auction market held on October 31, 2023. This resulted in the massaged currency being traded at a rate of 5718.4090 again
Nov 01, 2023
The beleaguered Zimbabwe dollar, has widened year to date deterioration rate by 87% from 86% last year against the United States dollar. In recent trading on Tuesday’s RBZ governed auction market, the
Nov 23, 2023
Dangote Petroleum Refinery plans to pursue a secondary listing in New York after doubling its Nigerian refining capacity to 1.4 million barrels a day, extending a capital-raising programme that has al
First Mutual Holdings has recorded a 222% increase in first-half profit, which also conceals a weaker performance from its core insurance operation, with investment returns and property revaluations p
Meikles Limited is progressing the disposal of its 50% Victoria Falls Hotel operating interest, 28 years after acquiring the stake in 1998. The Zimbabwe Stock Exchange-listed group holds interests in
Zimbabwe’s gold sector has moved into its strongest position yet to achieve the Government’s 50-tonne target for 2026 after Fidelity Gold Refinery received 5.11 tonnes in August, taking cumulative del
Mutapa Energy Resources is moving Sandawana towards large-scale lithium processing with a planned US$300 million concentrator and a separate US$400 million lithium sulphate project, giving Zimbabwe's
he Zimbabwe Energy Regulatory Authority raised the maximum diesel price to US$2.08 per litre from US$1.95, effective 17 September, placing the regulated fuel price back above the US$2 mark reached dur
Zimbabwe's solar investment is moving beyond the question of how to keep the lights on, with farmers, manufacturers, miners and other businesses increasingly using private generation to protect produc
Zimbabwe is joining a six-country SADC initiative to explore pooled procurement of medicines and health commodities, opening a new route for the country to increase purchasing power and potentially de
