Search results for 'exports'
World
Commodities Perspective Corner: The Food View-- What you need know!

Declining global prices for wheat pose a challenge to Zimbabwe’s mission to self-sustain. While the country achieved sufficient tonnage to cover its own needs in 2022, the general cost levels per tonn

Feb 22, 2023
Zimbabwe
Commodities Perspective Corner: Juicy Profits Trimmed! Dive into the World of Citrus Exports

According to Zimtrade, the new requirements that have been put in place by EU are meant to protect consumers and prevent the spread of the False Codling Moth (FCM) into the Union. The EU enacted a reg

Mar 02, 2023
World
China's Trade Surplus Shrinks on Falling Exports, Imports: What are the Implications?

China's trade surplus for June decreased due to a decline in both imports and exports, which indicates a shift in the balance of trade. This shift has significant implications for China's economy and

Jul 13, 2023
World
US Dollar Languishes as Fed Bets Turn Dovish

The US dollar index saw a nosedive on Friday, falling below 100 and hitting its lowest levels in over a year. The decline comes amid indications that US inflation is on a downward trend, sparking hop

Jul 14, 2023
Zimbabwe
Zimbabwe’s Trade Deficit More than Halve

Zimbabwe's balance of trade witnessed a significant improvement, with the trade deficit declining by over 50% to US$85.1 million from a previous figure of US$196 million, representing a decline of 56.

Jul 25, 2023
Zimbabwe
Zimbabwe's Trade Deficit Soars: Enters Triple-Digit Territory

Zimbabwe's trade deficit expanded to a three-digit figure in July 2023, marking a significant increase compared to the two-digit deficit recorded in June 2023. The total value of exports in July 2023

Aug 30, 2023

Top Stories

Zimbabwe Stock Exchange Declares Dividend: A Blend of US Dollars and Zimbabwe Gold

The Zimbabwe Stock Exchange (ZSE) has declared a final dividend from the Company's profits for the full year ended 31 December 2023. This significant development reflects the ZSE's commitment to rewa

1 hour ago

A Step Towards Sustainability: RTG’s Solar Investment Powers Kadoma Hotel

Kadoma Hotel, owned by Rainbow Tourism Group (RTG), has successfully harnessed the power of solar energy through its green investment. The installation of a 300KVa solar plant has enabled the hotel to

2 hours ago

ZiG Currency Maintains Stable Ground in Formal Market

Zimbabwe's latest introduced gold-backed currency, the Zimbabwe Gold (ZiG), has demonstrated stability on the official market since its inception, maintaining its value for almost a month. On the 26th

7 hours ago

Prospect Lithium Pursues Lithium Sulphate Plant Amidst Global Downturn

In light of a significant 33% decline in lithium prices compared to the previous year, many companies in Zimbabwe and the surrounding region have curtailed their production activities as a means to o

1 day ago

CBZ Holdings Appoints Lawrence Nyazema as Group CEO

CBZ Holdings, a ZSE listed financial giant has announced the appointment of Lawrence Nyazema as the new Group Chief Executive Officer, effective from April 19th 2024. The bank circulated this news on

2 days ago

WestProp's Billion-Dollar Marvels: Pomona City, The Hills set to Reshape the Future

estProp Holdings, a leading real estate company in Zimbabwe, has achieved a significant milestone, surpassing a net profit of over US$50 million for the full year ended 31 December 2023 to US$50.28 mi

Apr 24, 2024

First Capital's Loan Base on Brink of $100 Million in FY23

irst Capital Bank has concluded its fiscal year 2023 on a positive note, achieving remarkable profitability and a substantial increase in loans and advances, which are integral to the banking industry

Apr 23, 2024

Corporate Action Summary

The Board of Directors of First Capital Bank declared a final dividend of US$ 0.22 cents per share for the period ended 31 December 2023. The dividend will be paid on or about the 10th of May, 2024, t

Apr 22, 2024