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

Star Africa Interim Performance Signals Structural Resilience Shift

Star Africa’s performance under review relates specifically to the six-month interim period ended 30 September 2025, a timeframe that sits at an inflection point for the Group as it recalibrates its o

Dec 31, 2025

ARTD Eyes Recovery in 2026: Softex Relaunch, Innovation to Drive Momentum

ARTD Holdings Limited , the Zimbabwe-based diversified manufacturer operating in energy storage, stationery and tissue, and timber sectorsis positioning itself for a strong recovery in 2026, with the

Dec 31, 2025

Willdale Bets on Property to Survive Brutal 2025 Brick Market Collapse

Willdale Limited, a Zimbabwean brick manufacturer, has found  itself in a precarious financial position following a challenging fiscal year ended September 30, 2025, marked by a sharp revenue decline

Dec 31, 2025

Zimbabwe's Gold Royalty Reform: No Full Backtrack, a Pragmatic Gamble on Soaring Prices

Zimbabwe's gold sector has continued its remarkable surge in 2025, building on the record 36.48 tonnes produced in 2024 (following a dip to 30.1 tonnes in 2023). The country surpassed its annual prod

Dec 25, 2025

Diamond Sector's Revival: Exports Hits Record,But Reforms a Game-Changer

Zimbabwe’s diamond industry continues to exhibit resilience amid hardship, with October 2025 exports surging to $43.4 million from zero in September, lifting the first 10 months' cumulative revenue t

Dec 17, 2025

OK Zimbabwe Settles Half of Supplier Debt: Is Recovery on the Horizon?

OK Zimbabwe, Zimbabwe's largest formal retailer by store count, has settled approximately half of its outstanding supplier arrears using proceeds from a US$20 million rights issue completed in August

Dec 17, 2025

Econet to Voluntarily Delist from ZSE After 27 Years, List on VFEX by Introduction

Zimbabwe's leading telecommunications operator, Econet Wireless Zimbabwe, is set to delist from the Zimbabwe Stock Exchange (ZSE) after 27 years of being listed, having made its debut on the exchange

Dec 16, 2025

NTS Exits ZSE, Looks for Greener Pastures

National Tyre Services (NTS), Zimbabwe’s leading tyre distribution and retail company, is voluntarily delisting from the Zimbabwe Stock Exchange to look for greener pastures with  effect from 31 Decem

Dec 16, 2025