Search results for 'Zim'
Companies
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
May 25, 2026
Zimbabwe
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,
May 25, 2026
Zimbabwe
Macro Success, Micro Failure: Inflation Drops Dramatically, Social Welfare Lags Behind
Zimbabwe’s May 2026 inflation data, released by the Zimbabwe National Statistics Agency, confirmed a picture that is simultaneously encouraging and instructive. Annual blended inflation was 3.2%, whil
May 27, 2026
Zimbabwe
GMB Clears 100% of USD Obligations: Major Credibility Boost for the Marketing System
The Grain Marketing Board has settled 100% of its previously outstanding obligations in US dollars and 82.73% of its ZiG payment obligations as at 20 May 2026, Cabinet was advised by the Minister of A
May 27, 2026
Zimbabwe
Zimbabwe’s Winter Crop Programme Gains Momentum with 54% Wheat Planting Completed
Zimbabwe's 2026 winter crop programme targets production of 956,350 metric tonnes across a total planted area of 140,500 hectares, comprising wheat at 662,500 metric tonnes over 125,000 hectares, barl
May 27, 2026
Zimbabwe
Zimbabwe Unveils Most Ambitious Post-Independence Industrial Policy with Integrated Provincial SEZs
Cabinet has approved on the 26th of May 2026, the framework for the establishment of Integrated Provincial Special Economic Zones across all ten provinces of Zimbabwe, presented by the Minister of Fin
May 27, 2026
Zimbabwe
SADC's Grain Supercycle:Zimbabwe Joins Zambia, South Africa in Record-Breaking Bumper Harvest
In the same week that Zambia announced the highest maize harvest in its recorded history, and South Africa confirmed the largest grain crop ever produced on the continent's southern tip, Zimbabwe rel
May 28, 2026
Zimbabwe
What the Invictus PSA Really Means: Legal Framework Signed, Appraisal Wells to Decide the Prize
Invictus Energy has suspended trading in its shares pending a material announcement expected by Friday, which the company has confirmed relates to the imminent signing of a Production Sharing Agreemen
May 29, 2026
Zimbabwe
SARB Raises Rates for First Time in Three Years Due to Iran War, Zimbabwe Faces Imported Tightening
The South African Reserve Bank has raised its benchmark repurchase rate by 25 basis points to 7.00% on Thursday, the first rate increase in three years, joining a small group of emerging market centra
May 29, 2026
Zimbabwe
Nampak Writes Down Zim Operations by R136 Million and Exits, Cites Need to "Eliminate Risk"
Nampak Limited, the JSE-listed packaging manufacturer, reported normalised headline earnings of R346 million for the six months ended 31 March 2026, up 9% from R317 million in the comparable period of
May 29, 2026
Zimbabwe
Operationally Viable, Financially Irretrievable: The Harsh Reality for JSE-Listed Firms in Zimbabwe
Pick n Pay, one of South Africa's largest listed retailers, says its Zimbabwe operations remain fully impaired, a designation that has been in place since 2024, when the group stopped incorporating th
May 31, 2026
Zimbabwe
ZERA Set to Review Fuel Prices as Oil Eases from Iran Peak: Amid Middle East Fighting
Within the next five days, the Zimbabwe Energy Regulatory Authority will announce its monthly fuel price revision. The current regulated prices, petrol at USD 2.07 per litre and diesel at USD 2.09 per
Jun 01, 2026
Companies
Price Discovery Flight: TSL to Spend $66K to Delist from ZSE Over Undervaluation
TSL Limited, the diversified agriculture, logistics, and property group incorporated in Zimbabwe since 1957, has issued an Abridged Circular to shareholders seeking approval for the voluntary termina
Jun 01, 2026
World
Zimbabwe 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
Jun 01, 2026
Zimbabwe
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
Jun 01, 2026
Top Stories
Gold Revenue Slide: Why Zim’s Main Forex Earner Hit a 13-Month Low and What It Means for the Economy
Zimbabwe's gold export revenue recorded its fourth consecutive monthly decline in April 2026, falling to USD 394.2 million from USD 427.1 million in March, USD 461.4 million in February, USD 493.0 mil
Jun 05, 2026
