Ariston Holdings Limited, a diversified agricultural company, has reported a 14% increase in tea production during the half-year ended March 31, 2024. The company produced 1,830 tonnes of tea, up from

Zimbabwe Energy Regulatory Authority (ZERA)has increased the fuel prices for the month of June, up from May prices for petrol and diesel in US dollar terms. This is despite global brent crude futures

Caledonia Mining Corporation has announced that it will revive the Bilboes Mine operations in Zimbabwe through a single-phase development approach, a decision expected to provide improved cash generat

Amid a foreign currency crunch and the instability of the ZiG currency exchange rate which requires immense gold backing, Zimbabwe's gold deliveries have continued to plummet according to the latest d

Westprop Holdings Limited, a leading real estate developer in Zimbabwe, has reported a strong financial performance in the first quarter of 2023 generating US$5 million in revenue from its premium Pok

The government has implemented a zero-rating policy for gold deliveries to Fidelity, the state-owned gold buying entity. This policy change comes after gold deliveries have been sustaining a downward

The National Railways of Zimbabwe (NRZ) faces a daunting challenge in supporting the country's economic recovery and the ambitious Manhize steel project. With equipment and infrastructure long past i

BZ Bank and African Export Import Bank (Afreximbank) have signed two financing facilities worth a total of US$80 million to support Zimbabwean exporters. The first facility is a US$60 million line of

he Zimbabwe Anti-Corruption Commission (ZACC) has announced that it will interview three prominent Zimbabwean businessmen - Wicknell Chivhayo, Mike Chimombe, and Moses Mpofu - regarding leaked audios

The Zimbabwe Gold (ZiG), has continued to maintain stability on the formal market since its inception, helping to curb inflationary pressures. On June 17th, the currency traded at ZiG13.4910 per US do

The ZiG has experienced its inaugural depreciation in the formal forex market since its inception, as per the data reported by the Central Bank. On a week-over-week basis, the ZiG was quoted at 13.581

Food security is a critical component of a stable currency and economy. Everyone in a society must spend money on food, regardless of their income level. In an inflationary environment like Zimbabwe,

Pretoria Portland Cement (PPC) has reported a robust group performance for the full year 2023, driven primarily by strong results from its Zimbabwean operations. Cement consumption in Zimbabwe has be

Meikles Limited, one of Zimbabwe's largest diversified conglomerates, has announced that it is seeking shareholder approval for the disposal of certain key assets at a future Extraordinary General Mee

The Reserve Bank of Zimbabwe, the nation's central banking authority, has elected to maintain the benchmark interest rate at its current level for the third consecutive period, as evidenced by the lat

SL Limited, a diversified conglomerate with operations spanning agriculture, logistics, and real estate in Zimbabwe has expanded its export footprint by establishing a new market in Zambia according t

Nampak Zimbabwe’s profitability has been adversely impacted by the effects of prolonged drought conditions stemming from the El Niño climatic phenomenon according to its latest half-year financials. T

The macroeconomic headwinds arising from the government's implementation of price controls have dented the sales performance of OK Zimbabwe, the country's leading retail gem. However, the company has

Zimbabwe's month-over-month headline inflation rate moderated to a zero percent print in June 2024, having receded from the prior negative territory of -2.4% observed in May, according to the nation's

The local unit, the Zimbabwe Gold (ZiG), has exhibited a week-over-week depreciation of 0.9% against the United States Dollar (USD), opening the new month of July at a spot rate of ZiG13.7026, as per