Search results for 'auction'
Zimbabwe
RBZ releases report on foreign exchange auction allotments and payments for May 2023
The Organisation of Petroleum Exporting Countries (OPEC) insists that the use of fossil fuels is the best option to address the forecast of a 13% increase in demand, despite the fact that they have po
Jun 16, 2023
Zimbabwe
Zimbabwe Records its First Trade Surplus in August: A Historic Shift with Fragile Foundations
Zimbabwe has achieved a trade surplus of $7 million in August 2025, its first since July 2019, reversing July 2025’s $10.2 million deficit. Exports increased 0.3% to $878.2 million from $876 million,
Sep 30, 2025
Zimbabwe
TIMB Sets Tobacco Penalties of US$5,000: But Season's Own Numbers Reveal Where Real Challenge Lies
The Tobacco Industry and Marketing Board has released a formal penalty schedule for illegal tobacco activities as Zimbabwe's 2026 flue-cured Virginia season gets underway, with merchants caught buying
Mar 19, 2026
Zimbabwe
Strong Volumes, Weak Prices: 2026 Tobacco Season Opens With a Divided Report Card
Zimbabwe's 2026 flue-cured virginia tobacco marketing season is ten days old, and the early data presents a picture that requires careful reading. By Day 10 to 17 March, the Tobacco Industry and Mark
Mar 19, 2026
Zimbabwe
Zimbabwe 2026 Tobacco Marketing Season Nears Close With 400 Million Kilogram Target Unmet
The Tobacco Industry and Marketing Board will close Zimbabwe’s 2026 auction tobacco floors on Friday, 31 July, after cumulative national sales reached 354.10 million kilograms by selling day 95 on 20
Jul 22, 2026
Zimbabwe
Idle Factories, Falling Prices: Why Zimbabwe’s Tobacco Boom Is Not Reaching Growers
Zimbabwe’s growers delivered 353,813,565 kilogrammes of tobacco across the 2026 marketing season at an average of USD 2.49 per kilogramme according to the latest data from the Tobacco Industries and M
Jul 23, 2026
Top Stories
Zimbabwe’s US$1.59bn Investment Pipeline Faces Execution Test: ZIDA Shifts Focus From Licences to Capital Deployment
Zimbabwe has approved almost US$1.59 billion of new investment proposals during the second quarter of 2026, although the more consequential number sits outside the licensing table. It is the amount of
46 minutes agoAir Zimbabwe’s US$11m Loss Meets Growing Aviation Market: Passenger Growth Raises Return Hurdle on Fleet Renewal
One of the more revealing findings in the latest Auditor General report is that Air Zimbabwe can produce a clean set of accounts and still remain economically fragile. The Auditor General issued an un
3 hours agoGlobal Seas Hit 21.1°C Peak in August : East Africa Braces for Floods as Southern Africa Fears Drought
Global sea surface temperatures reached 21.1°C on 22 August 2026, the highest daily reading in Copernicus records dating to 1979. The new peak exceeded the previous 21.09°C record set in March 2024 a
13 hours ago
