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

Zimbabwe’s 2025 SONA Vision: From Rhetoric to Reality in a Resilient Economy

On October 28, 2025, President Emmerson Mnangagwa delivered his State of the Nation Address (SONA) to a joint sitting of Parliament in Mt Hampden, Zimbabwe, projecting cautious optimism amid a complex

3 hours ago

ZiG Sustains Momentum: Gold Rally, IMF Optimism Fuel Resilience

The Zimbabwe Gold (ZiG) currency is exhibiting a modest resilience this week in the formal market, appreciating by 0.04% against the US dollar last week. This slight gain aligns with broader stabilisa

7 hours ago

U.S-China Deal Shakes Gold: Golden Correction or New Dawn?

Gold’s 2025 journey has been a rollercoaster, soaring to unprecedented heights before a dramatic plunge that has left investors questioning its next move. As of October 28, 2025, spot gold prices edge

8 hours ago

Government Approves Private Players in Electricity Retail and Distribution

The Zimbabwe Energy Regulatory Authority (ZERA) and the Zimbabwe Electricity Transmission and Distribution Company (ZETDC) are working on modalities to allow private companies to sell and distribute e

1 day ago

The IMF’s Rosy Projections for Zimbabwe: A Facade of Stability?

he International Monetary Fund’s (IMF) latest economic projections for Zimbabwe, as outlined in its October 2025 Regional Economic Outlook for Sub-Saharan Africa, paint an ostensibly bright picture fo

1 day ago

Zimbabwe Reverses Maize Import Ban After a ‘’Fictitious’’ Bumper Harvest Claim

Zimbabwe has reversed its maize import ban just two months after imposing it, a move prompted by a sharp downward revision in the country’s 2024/25 harvest forecast and growing concerns over food secu

Oct 24, 2025

Gold Falls in Biggest Slump Since 2019 as Trade Tensions Ease

Gold bullion prices plummeted by 6.3% on October 22, 2025, dropping from $4,381 to $4,082 per ounce, marking the steepest single-day decline since 2019 and halting a torrid rally that had driven the m

Oct 22, 2025

Zimbabwe’s Anti-Corruption Drive Under President Mnangagwa: Progress, Setbacks, Persistent Challenges

President  Emmerson Mnangagwa took office in November 2017 after the late President Robert Mugabe’s resignation, pledging decisive action against corruption. In his 2018 State of the Nation Address, h

Oct 21, 2025