Search results for 'foreign currency inflows'
Zimbabwe
Zimbabwe's Forex Receipts Hit New Record, Surpass US$13 Billion

Zimbabwe's foreign currency inflows surged to a record high of US$13.3 billion in FY2024, representing a 21% year-over-year (YoY) growth from US$11 billion in FY2023. The robust performance was prima

Feb 10, 2025
Zimbabwe
Inflation Cools in September: ZiG, USD Rates Signal Stabilisation

Zimbabwe's economy, battered by decades of hyperinflation and currency instability historically, has continued showing tentative signs of stabilisation with September inflation nosediving in both ZiG

Sep 29, 2025
Zimbabwe
Zimbabwe Records its First Trade Surplus in August: A Historic Shift with Fragile Foundations

Zimbabwe has achieved a trade surplus of $7 million in August 2025, its first since July 2019, reversing July 2025’s $10.2 million deficit. Exports increased 0.3% to $878.2 million from $876 million,

Sep 30, 2025
Zimbabwe
Policy Realignment: RBZ Delivers First Rate Cut Since 2024, What it Means

The Reserve Bank of Zimbabwe’ s Monetary Policy Committee held on  the 15th June 2026, has resolved to reduce the Bank Policy Rate from 35% to 30% per annum with immediate effect, simultaneously reduc

Jun 16, 2026
Zimbabwe
Mining Slump Clouds Zimbabwe’s Q1 2026 GDP

Zimbabwe’s economy lost momentum in the first quarter of 2026 as a sharp contraction in mining weighed on growth, underscoring the economy’s continued reliance on the extractive sector despite improvi

Jul 03, 2026
Zimbabwe
Zimbabwe’s US$1.62 Billion Remittance Economy Moves Into Top FX Tier

Zimbabwe has received US$1.62 billion in formal diaspora remittances between January and July 2026, placing household transfers alongside some of the country’s largest sources of foreign currency. Sou

Aug 27, 2026
Zimbabwe
ZiG Reserve Cushion Widens to 6.5 Times Reserve Money

Zimbabwe has built a substantially larger reserve cushion behind the ZiG, with reserve assets backing the local currency reaching nearly ZiG48.9 billion by September 2026 against reserve money of abou

Oct 07, 2026

Top Stories

Inflation Rises to 4.3% as Hidden Costs of ZiG Stability Come into Focus

Zimbabwe's annual ZiG inflation accelerated to 4.3% in October 2026 from 3.7% in September and 2.9% in August, as higher transport costs placed renewed pressure on consumer prices. Annual US-dollar in

17 hours ago

Zimbabwe Nears Fresh Milk Self-Sufficiency Target, Dairibord Expands Capacity

imbabwe's commercial milk production is projected to nearly double to 131 million litres in 2026 from 66 million litres in 2017, as years of herd rebuilding, agricultural financing and dairy-sector re

18 hours ago

Zimbabwe's Mineral Processing Rules Face COMESA Regional Integration Test

Zimbabwe’s ambition to develop regional mineral-processing industries faces a significant policy test after President Emmerson Mnangagwa committed the country’s COMESA chairmanship to accelerating ben

Oct 22, 2026

Zambia's Izwe Loans Profits Rise 26% on Fee Income, Zim's Banks Face Tighter Charges

Zambia's Izwe Loans Zambia has recorded a 26% increase in profit after tax to K112.2 million (approximately US$6.23 million) for the six months ended 30 June 2026, supported by a near doubling of fee

Oct 22, 2026

Zimplow’s Implement Export Volumes Overtake Local Sales Amid 2027 Drought Risks

VFEX-listed Zimplow Holdings has recorded a US$1.54 million turnaround in pre-tax earnings for the nine months ended September 2026, supported by stronger margins, improved stock availability and a sh

Oct 22, 2026

Zambia Re Profits Nearly Triple as Underwriting Improves, Outpacing Zimbabwean Insurers

Zambia Reinsurance, formerly Prima Reinsurance, has recorded a 198% increase in profit after tax to K6.09 million (approximately US$338,000) for the six months ended 30 June 2026, despite reinsurance

Oct 22, 2026

Zimbabwe Hosts COMESA Heads of State Summit, Mnangagwa to Lead Regional Economic Bloc

Zimbabwe is hosting the 25th Common Market for Eastern and Southern Africa (COMESA) Heads of State and Government Summit today, 22 October 2026, at the New Parliament Building in Mt Hampden, with Pres

Oct 22, 2026

IMF Research Exposes Cost of Broad Subsidies Ahead of Zimbabwe's 2027 Budget

Zimbabwe’s preparation of the 2027 National Budget faces a difficult fiscal calculation as new International Monetary Fund research finds that broad food subsidies can cost approximately six times as

Oct 21, 2026