Search results for 'formal market'
Zimbabwe
ZiG Currency Conundrum: Government Cracks Down with Iron Fist to Tackle Black Market
Zimbabwe's newly introduced currency, the Zimbabwe Gold (ZiG), has experienced appreciation on the formal market on April 18, 2024, maintaining a consistent streak of appreciation. Since its introduct
Apr 18, 2024
Zimbabwe
ZiG Weekly Review: Formal Market Sees Slower Depreciation, Parallel Market Rate Drops
The Zimbabwe Gold (ZiG) exhibited a marginal depreciation of 0.1% week-on-week, trading at 26.3004 per USD on January 24, 2025, compared to 26.2614 on January 17, 2025. During the week, the ZiG trade
Jan 24, 2025
Companies
CFI Bounces Back With ZWG493 Million Profit in HY 25 , Driven by Monetary Gains
CFI Holdings Limited has staged a strong comeback in the first half of 2025, swinging from a loss of ZWG348.96 million in the prior comparable period to a ZWG493.64 million profit, according to the co
Jul 16, 2025
Top Stories
Africa's AI Awakening: Cassava Ignites Continent's First NVIDIA-Powered AI Factory in South Africa
Cassava Technologies, the pan-African tech powerhouse rooted in Zimbabwe's Econet Wireless legacy, is launching its AI Factory in South Africa a high-density computing powerhouse fuelled by NVIDIA's a
52 minutes agoTIMB Sets Tobacco Penalties of US$5,000: But Season's Own Numbers Reveal Where Real Challenge Lies
The Tobacco Industry and Marketing Board has released a formal penalty schedule for illegal tobacco activities as Zimbabwe's 2026 flue-cured Virginia season gets underway, with merchants caught buying
2 hours agoSouth Africa's Inflation Hits a Decade Low But the Fuel Shock That Arrives Next Will Test Everything
A rand that depreciates meaningfully against the dollar would quickly convert the international oil price shock into a domestic fuel shock of the kind that pushed South African inflation to 7.8% at it
7 hours agoZimbabwe Waives Import Licences for Agricultural Equipment Spare Parts: A Small Reform With Large Practical Consequences
Zimbabwe's Cabinet has approved the waiver of the requirement for import licences for agricultural equipment spare parts imported for a farmer's own use on the 6th Cabinet Briefing held on the 17th of
1 day ago
