Search results for 'currency'
Zimbabwe
ZiG Firms for the First Time on Formal Market, Ends Bearish Streak Since April
The Zimbabwe Gold (ZiG) appreciated for the first time on May 21, 2025, strengthening to 26.8853 from 26.9786 per dollar the previous day, breaking a chain of loss-making streaks since April 25, when
May 23, 2025
Zimbabwe
Zimbabwe's Inflation Surge in Local Currency, USD Enters Deflation: Comparative Analysis with SADC Peers
Zimbabwe's annual inflation rate in local currency (ZiG) skyrocketed to 92.1%, driven by food and beverage prices, while the US dollar (USD) saw a month-on-month decline of 0.3%. The repeal of Statut
May 29, 2025
Zimbabwe
ZiG Weekly Commentary: ZiG Achieves Record Appreciation, June Outperforms with Robust Late Rally
The Zimbabwe Gold (ZiG) currency exhibited robust appreciation in late June 2025, a trend that extended into July 2024, bolstered by an expansion in gold reserves and sustained tight monetary policy m
Jul 14, 2025
Companies
CFI Bounces Back With ZWG493 Million Profit in HY 25 , Driven by Monetary Gains
CFI Holdings Limited has staged a strong comeback in the first half of 2025, swinging from a loss of ZWG348.96 million in the prior comparable period to a ZWG493.64 million profit, according to the co
Jul 16, 2025
Zimbabwe
ZiG Weekly Review: Supplier Payment Delays, Budget Underutilisation Threaten ZiG’s Long-Term Stability
The Zimbabwe Gold (ZiG) closed the week ended 8 August 2025 at an exchange rate of 26.7605 against the USD, reflecting a marginal appreciation from 26.7369 the previous day and aligning with the rate
Aug 08, 2025
Top Stories
BAT South Africa Retreats as Illicit Cigarettes Take Over ,Can Legal Production Survive?
British American Tobacco South Africa (BATSA) one of the country’s most established manufacturers is winding down cigarette production and will close its Heidelberg plant by the end of 2026. The decis
9 hours agoTharisa Paints Bullish Picture for 2026: Robust PGM Growth, Strong Balance Sheet, and Karo Momentum
Tharisa plc, a dual-commodity mining company listed on the London Stock Exchange and Johannesburg Stock Exchange, with operations spanning South Africa (Tharisa Mine in the Bushveld Complex) and Zimba
Jan 16, 2026From Lithium to Copper; Prospect Resources’ Pivot from Zimbabwe to Zambia Signals Strategic Bet on Future Metals
ith lithium in the rear-view mirror, Prospect is now banking on copper a metal equally critical in the green energy and digital revolutions. Its Mumbezhi Copper Project, located in Zambia’s Central Pr
Jan 16, 2026Caledonia Seeks to Raise US$120m in Convertible Debt as Bilboes Funding Needs Intensify
aledonia Mining Corporation, Zimbabwe’s third-largest gold producer, has moved to secure up to US$120 million through a proposed issuance of convertible senior notes due 2033, a financing decision ref
Jan 15, 2026
