Search results for 'devaluation'
Zimbabwe
ZiG Weekly Review: Slides to 26.67, Worst Performance Since January, but PMR Gap Narrows
The Zimbabwe Gold (ZiG) has demonstrated sustained depreciation against the United States Dollar (USD), recording an exchange rate of 26.6749 on 17 March 2025, extending a loss-making streak observed
Mar 17, 2025
Zimbabwe
ZiG Weekly Wrap: ZiG Achieves Longest Currency Stability Since 2019, Boosts Corporate Metrics
The Zimbabwe Gold (ZiG), Zimbabwe’s fourth currency iteration within a decade, has maintained exchange rate stability following its devaluation on September 26, 2024, achieving a robust performance ex
Oct 01, 2025
Companies
Econet Joins Delta in US$1 Billion Club Race, H1 Revenue Surpasses US$500m on Voice Traffic, Data Dominance
Econet Wireless Zimbabwe delivered a robust financial performance for the half-year ended 30 September 2025, posting group revenue of ZiG 13.5 billion, representing a 39% year-on-year increase from Zi
Nov 19, 2025
Top Stories
Zimbabwe’s Postal Sector Spends More Than It Earns as Volumes Collapse, DHL Cut Outlets
Zimbabwe's licensed postal and courier operators has recorded a cost-to-income ratio of 117.5% in the fourth quarter of 2025, worsening by 10 percentage points from 107.5% in the third quarter of 2025
Apr 29, 2026Satellite Disruption: Starlink Records Historic Single-Quarter Traffic Gain as Liquid Loses Ground
Starlink Zimbabwe has recorded a 42.76% increase in fixed Internet and data traffic in the fourth quarter of 2025, rising from 117.83 Petabytes to 168.21 Petabytes, according to the Postal and Telecom
Apr 29, 2026Post-Cabinet Briefing: Tobacco Earnings Surge Past US$500m, GMB Arrears Narrow, Wheat Set at 662,500 Tonnes
Zimbabwe's 2026 tobacco marketing season has recorded cumulative sales of 149.9 million kilograms at an average price of USD 2.65 per kilogram by Day 34, with tobacco exports reaching 83 million kilog
Apr 29, 2026
