imbabwe Stock Exchange-(ZSE) listed forestry products outfit, Border Timbers Zimbabwe Limited has shifted its growth focus to the regional markets and beyond after productivity flopped in the local ma

China claims it will begin purchasing oil and gas in yuan as 2023 drags on, a move that may eventually put the dollar's position as the world's reserve currency in jeopardy.

Last year they notified us that they will be carrying out consultations and a consumer perception survey. When the survey came, the RBZ said it had to be filled out by the 7th of December. If you miss

The report made no recommendations for immediate action. Regulators, though, don't require a starting pistol. Some agencies, including the Securities and Exchange Commission, have already begun taking

Tether and USD Coin are two examples of stablecoins that are supported by physical assets like cash and bondsThe Securities & Exchange Commission last week formally announced its intention to pursue a

In this context, the new gold-backed CBDC may seem a promising initiative to restore stability. The RBZ claims Zimbabwe has enough gold reserves to fully back the new digital currency. By pegging its

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

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

Khaya Cement, formerly Lafarge Cement Zimbabwe, has incurred a significant after-tax loss of ZWL17 billion for the full year ended 31 December 2022.  The reduced profitability was attributed to depre

ZSE-listed tea agro concern, Tanganda Tea Company has posted a net profit growth of ZWL1.4 billion from ZWL1.1 billion for the half-year ended 31 March 2023 despite incurring a huge volume decline acr

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

On the latest RBZ-governed auction market held on September 26, 2023, the Zimbabwe dollar experienced a weakening, reaching ZWL5252.6558. This depreciation further reinforces the losses from the previ

Cigarettes manufacturer, British-American Tobacco has reported a 7% decline in sales volumes during the third quarter ended 30 September 2023 according to the Group’s latest trading update. However, d

In a recent development, Omnia Zimbabwe, a prominent player in the chemicals industry, has contested an income tax assessment received from the Zimbabwean Revenue Authority (ZIMRA) on April 28, 2023.

Khayah Cement formerly Lafarge Cement Zimbabwe Limited, reported a significant increase in cement volumes, with a 117% surge for the six-month period ended 30 June 2023 compared to the same period las

TOAZ casts doubt on the suitability of low-earth-orbit (LEO) satellite systems, popularized by firms like Starlink, as a broad solution for Zimbabwe.  The association says high costs are likely to lim

Despite the challenging economic environment marked by inflationary pressures and exchange rate volatility in Zimbabwe, the country still boasts the most expensive fuel prices in the Southern African

As the world grapples with geo-economic fragmentation due to the Middle East's crisis and the Russia-Ukraine War, the future of lithium remains uncertain. Despite the global push for a carbon-free eco

Zimbabwe's gold exports decreased from 23.6 kilograms in March to 20.8 kilograms in April according to the latest data released by ZIMSTAT. This marks a continued decline in gold's dominance as the co

During the last week of May, we continued to monitor the movement of the ZiG currency against other currencies in both the government-regulated formal exchange rate and the market-determined parallel