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

Simbisa Brands Decentralises, Splits Operations into Independent Brand Units

Simbisa Brands Limited, the quick-service restaurant (QSR) giant listed on the Victoria Falls Stock Exchange, has embarked on a sweeping decentralisation of its operations, effective 1 July 2025, acco

10 hours ago

Government Unveils Retail Reforms to Ease Doing Business, Eliminates Bakery Licence, Liquor Fee Drop from $1k to $20

Zimbabwe’s government has embarked on a series of reforms aimed at reducing the regulatory burden on businesses, with a recent focus on consolidating the cumbersome licensing requirements for retailer

12 hours ago

Padenga’s Half-Year Feat: Strong Gold Prices Drive Profit Explosion

Padenga Holdings Limited has strategically pivoted to consolidate its market leadership as Zimbabwe's second-largest gold producer for nearly three consecutive years in the half-year period ended June

13 hours ago

Diaspora Capital Fuels Property Market Resurgence, Says Tigere REIT

Tigere, a distinguished Zimbabwe Stock Exchange (ZSE)–listed real estate investment trust (REIT), has flagged that Zimbabwe’s property market is experiencing a strong resurgence. In its trading updat

Oct 06, 2025

Zimplow Slashes Losses by 70%, Signals Robust Recovery in H1 2025

implow Holdings Limited, a key player in Zimbabwe’s agriculture, mining, and construction equipment sectors, has seen its loss position narrow significantly in its half-year performance ended 30 June

Oct 06, 2025

BAT Returns to Profit Despite Sales, Volumes Slump

Cigarette maker and distributor , British American Tobacco Zimbabwe (BAT) has posted a profit after tax of US$4.3 million for the half year ended 30 June 2025, a reversal from a US$12.8 million loss r

Oct 02, 2025

Finance Ministry Rolls Out Cost-Cutting Directive for Ministries and Agencies

Last week on the 24th of September 2025, the Ministry of Finance issued Treasury Circular Number 10, directing all government ministries, departments, and agencies (MDAs) to implement strict expenditu

Oct 01, 2025

ZiG Weekly Wrap: ZiG Achieves Longest Currency Stability Since 2019, Boosts Corporate Metrics

The Zimbabwe Gold (ZiG), Zimbabwe’s fourth currency iteration within a decade, has maintained exchange rate stability following its devaluation on September 26, 2024, achieving a robust performance ex

Oct 01, 2025