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
Star Africa Swings Back to Profit Despite Lower Turnover, Targets Stronger FY2027 Recovery
Star Africa Corporation Limited, Zimbabwe’s sugar producer and distributor’s turnover declined 9% to $58.1 million from $63.9 million in the prior year primarily driven by strategic price reductions
3 hours agoPPC Arlington Sale Lapses ,US$30 Million Capital Allocation Plan Returns to Drawing Board
Pretoria Portland Cement Zimbabwe's planned monetisation of its 418-hectare Arlington Estate has been pushed back after the disposal agreement with Transvaal Africa lapsed following the purchaser's fa
3 hours agoZimbabwe’s Trade Analysis: What It Means for Economy, Policymakers, Investors As Gold Retreats
Zimbabwe's goods exports reached USD 884 million in May 2026, the second highest monthly export figure on record and an 11.6% increase from April 2026's USD 792.3 million, driven by semi-manufactured
1 day agoFrom Hunger to Obesity: Zimbabwe Launches Nutrition Strategy to Tackle New Dietary Challenges
Zimbabwe has approved the Nutrition Financing Strategy on 30 June 2026, presented by Vice President General (Rtd) Constatino Chiwenga as Chairperson of the Cabinet Committee on Food Security and Nutri
1 day ago
