Search results for 'economics'
Zimbabwe
Zim Dollar Sustains Weekly Losses by 4%

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

Sep 27, 2023
Companies
Sweet Production, Sour Sales: Impact of ZiG, Policy Slippages Hippo Valley’s Q1

Hippo Valley, Zimbabwe's largest sugar heavyweight , has reported a satisfactory first quarter ended 30 June 2024, despite facing a perfect storm of challenges. While the company saw a 6% increase in

Aug 19, 2024
Zimbabwe
From Promise to Precipice: Gvt Finally Devalues ZiG

Zimbabwe Economy, Currency Devaluation, ZiG Collapse, Economic Instability, Fiscal Discipline, Monetary Policy, Currency Stability, Zimbabwe Gold (ZiG), African Economics, Emerging Markets.

Sep 27, 2024
Zimbabwe
RBZ Raises Policy Rate, Reserve Requirements: Implications for Banks, Businesses, Consumers

The Reserve Bank of Zimbabwe has raised the bank policy rate from 20% in April this year to 35%, according to the latest Monetary Policy Statement released last Friday. Standard and statutory reserve

Sep 30, 2024
World
Global Public Debt to Exceed $100 Trillion by Year-End

The world is facing a daunting public debt crisis, with global debt projected to exceed US$100 trillion, or 93% of global GDP, by the end of this year according to the latest data by the International

Oct 16, 2024
Zimbabwe
Rising Reserves, Waning Performance: The Dilemma of Zimbabwe's Currency

The Reserve Bank of Zimbabwe (RBZ) announced that the reserves backing the Zimbabwe Gold (ZiG), the fourth currency introduced in nearly a decade, have surpassed US$500 million, reaching US$509 millio

Nov 12, 2024
World
Should Zimbabwe Worry About Trump’s Latest Tariffs?

On the third of April 2025, the United States, led by a re-energised Donald Trump, dropped a trade bombshell on Zimbabwe, an 18% “reciprocal tariff” slapped on its goods, part of a broader strategy t

Apr 04, 2025
Zimbabwe
ZiG Weekly Commentary: Daily Losses Mount, Supply Squeeze Fails Stability

The Zimbabwe Gold (ZiG) has recently hit its lowest point on the formal market since the beginning of the year, with deficits since its inception reaching 50%. As of May 19, 2025, the currency has de

May 19, 2025

Top Stories

Karo Mining’s Loss Narrows 13% in FY2025 , Platinum Recovery Breathes Life Into Long-Delayed Project

Karo Mining Holdings Plc, the Victoria Falls Stock Exchange (VFEX)-listed mining investment company developing the Karo Platinum Project in Zimbabwe, narrowed its annual loss in the year ended 30 Sept

4 hours ago

The Fall of Nicolás Maduro: A Sobering Reminder that Power is Finite

The world witnessed one of the most audacious military operations on the 3rd of January 2026 with the the United States' capture of Venezuelan President Nicolas Maduro and his wife, Cilia Flores, in a

4 hours ago

CFI Holdings Stages Strong Turnaround: Swings to ZiG 175M Profit in FY25

CFI Holdings, Zimbabwe's diversified agro-based industrial conglomerate, has staged a remarkable financial recovery in FY 2025, according to its full-year results for the year ended 30 September 2025.

9 hours ago

Star Africa Interim Performance Signals Structural Resilience Shift

Star Africa’s performance under review relates specifically to the six-month interim period ended 30 September 2025, a timeframe that sits at an inflection point for the Group as it recalibrates its o

Dec 31, 2025

ARTD Eyes Recovery in 2026: Softex Relaunch, Innovation to Drive Momentum

ARTD Holdings Limited , the Zimbabwe-based diversified manufacturer operating in energy storage, stationery and tissue, and timber sectorsis positioning itself for a strong recovery in 2026, with the

Dec 31, 2025

Willdale Bets on Property to Survive Brutal 2025 Brick Market Collapse

Willdale Limited, a Zimbabwean brick manufacturer, has found  itself in a precarious financial position following a challenging fiscal year ended September 30, 2025, marked by a sharp revenue decline

Dec 31, 2025

Zimbabwe's Gold Royalty Reform: No Full Backtrack, a Pragmatic Gamble on Soaring Prices

Zimbabwe's gold sector has continued its remarkable surge in 2025, building on the record 36.48 tonnes produced in 2024 (following a dip to 30.1 tonnes in 2023). The country surpassed its annual prod

Dec 25, 2025

Diamond Sector's Revival: Exports Hits Record,But Reforms a Game-Changer

Zimbabwe’s diamond industry continues to exhibit resilience amid hardship, with October 2025 exports surging to $43.4 million from zero in September, lifting the first 10 months' cumulative revenue t

Dec 17, 2025