Search results for 'economic trends'
Zimbabwe
Zimbabwe's Trade Woes Deepen as Deficit Balloons in April

Zimbabwe's trade deficit for April widened to $256.9 million, a 37.9% increase from the $186.3 million deficit recorded in March 2024. This marked the fourth consecutive month of Zimbabwe trading in t

May 31, 2024
Zimbabwe
September Trade Deficit Widens Despite a Surge in Gold Exports

Zimbabwe's September trade deficit widened by 4.2% to US$207.6 million from US$199.1 million in August, according to the latest trade data released by Zimstat. This increase resulted from a substantia

Oct 28, 2024
Zimbabwe
Month-on-Month Inflation Sees Huge Decline, Sheds 26 Percentage Points

Zimbabwe's inflation landscape witnessed a notable shift in November 2024, as the month-on-month inflation rate plummeted to 11.7 percent, representing a substantial 25.5 percentage point decrease fro

Nov 28, 2024
World
Unemployment Trends in Southern Africa: Over 7 Million Jobless in South Africa

South Africa’s unemployment rate has shown a slight improvement, declining for the second consecutive quarter to 31.9% in the fourth quarter of 2024, down from 32.1% in the previous quarter. This mar

Feb 19, 2025
World
ZiG Deflation Hits -0.1% in March as USD Inflation Holds Steady at 15%: Contrasts Southern Africa’s Varied Trends

Inflation dynamics in Southern Africa as of March 2025 reveal a region of contrasts, with Zimbabwe’s dual-currency system standing out as a focal point of economic complexity. Zimbabwe’s ZiG month-on

Mar 28, 2025

Top Stories

Mutapa’s US$100m Darwendale Restart Reworks a Project Stalled by Financing , Sanctions

Mutapa Platinum Group, the platinum business within Zimbabwe’s state-owned Mutapa mining portfolio, has secured a US$100 million financing facility to restart development at Darwendale. The company is

7 hours ago

Zimbabwe’s Reserves Reach US$2bn, What It Means for ZiG Sustainability

Zimbabwe's foreign currency reserves reached US$2 billion in September 2026, equivalent to roughly two months of import cover and up from US$1.4 billion in June. The stock gives the Reserve Bank of Zi

9 hours ago

Justin Bgoni’s ASEA Vice Presidency Puts Zimbabwe’s Three Market Strategy on Continental Stage

SE Holdings Group Chief Executive Officer Justin Bgoni has been appointed Vice President of the African Securities Exchanges Association effective 2 October 2026, placing the head of Zimbabwe’s three

17 hours ago

WestProp Extends Minority Exit Offer as Restructuring Enters Final Phase

WestProp Holdings has extended the closing date of its minority shareholder exit offer to 9 October 2026 as the property developer moves into the final execution phase of its restructuring. The revise

18 hours ago

Hippo Sees FY27 Profit 5% to 10% Lower, Revenue Growth to Continue

Hippo Valley Estates expects profit to normalise by about 5% to 10% in FY2027 as the carryover stock that supported an exceptionally strong FY2026 earnings outturn unwinds, according to Finance Direct

19 hours ago

WestProp More Than Doubles Interim Dividend to 6 US Cents, HY26 Profit Falls 6%

WestProp Holdings, the Zimbabwean property developer behind Pomona City, Millennium Heights and Pokugara, declared an interim dividend of 6 US cents a share for the six months ended June 2026, more th

1 day ago

Econet InfraCo Makes US$13.7m Profit in First HY Results Since VFEX Listing

Econet Infrastructure Company (InfraCo) made a profit after tax of US$13.7 million in the six months to 31 August 2026, its first half year results since listing on the Victoria Falls Stock Exchange (

1 day ago

General Beltings Profit Falls 63% in HY26, Credit Constraints Limit Production

General Beltings Holdings, a manufacturer and distributor of conveyor beltings, rubber and chemical products, has seen profit after tax fall 63.2% to US$29,727 in the six months to June 2026 from US$8

1 day ago