Choppies has sold its operations  to Sai Mart effective 1 January 2025 due to  struggling under the weight of unfavourable government policies favouring informal traders. This follows after the retai

The Zimbabwe Energy Regulatory Authority (ZERA) has announced an increase in fuel prices for January 2025. Diesel prices have risen slightly from US$1.53 per litre to US$1.54, while petrol prices hav

In the half-year period ended September 30, 2024, National Tyre Services (NTS) reported a substantial decline in both volume and sales figures, attributed to a myriad of factors such as supply chain d

The Zimbabwe Gold (ZiG) currency has exhibited a contrarian performance, depreciating to 26.2614 against the US dollar on January 17, 2024, thereby reversing the gains accrued in the preceding week.

The Ministry of Finance in Zimbabwe has unveiled the National Venture Capital Company of Zimbabwe (NVCCZ), an ambitious initiative aimed at catalysing economic expansion through the provision of equit

The Confederation of Zimbabwe Industries (CZI) has expressed concerns regarding the insufficiency of governmental initiatives aimed at stabilizing the local currency. In its recent report, "Inflation

The Minerals Marketing Corporation of Zimbabwe (MMCZ) has announced Dr. Nomusa Jane Moyo as its new General Manager, effective immediately. Dr. Moyo, who has been the Acting General Manager since July

The United States President, Donald Trump, has withdrawn the United States from the Paris Agreement, citing national interests. Under the international climate accord, first negotiated in 2015, countr

The Zimbabwe Investment and Development Agency (ZIDA) has successfully achieved its goal of fully digitalising its operations in the fourth quarter of 2024, according to its latest Q4 2024 report. Th

Delta Corporation, Zimbabwe's largest beverages maker, has paid US$31.2 million in sugar taxes during the period from February 2024 to December 2024, which has had a ripple effect on the market. The

The ZSE’s most valued company and the country’s biggest beverages maker Delta has released a trading update for the 3 months period to December 2024 painting a very dull picture on performance, one of

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

Zimbabwe's raw milk production increased by 14.9% in 2024, reaching a record high of 114.7 million litres, surpassing the previous peak of 100 million litres set nearly two decades ago. This achievem

In its efforts to mitigate the expanding informal economy, the government has introduced a new statutory instrument, Statutory Instrument 7 of 2025 designed to protect formal market enterprises. This

The Zimbabwe Gold (ZiG)  experienced marginal declines, depreciating by 0.1% last week and further by 0.2% this week, closing at 23.3656 against the US dollar. This relative stability is largely attri

Largest seed house in the country, Seed Co  has recorded a 45% increase in sales volume to US$26.9 million for the third quarter to full year 2025 ended 31 December 2024 from 18.5 million in the same

The global retail landscape is undergoing a seismic shift, driven by the rapid rise of online sales and the gradual decline of traditional brick-and-mortar stores. This trend is reshaping the supermar

imbabwe Energy Regulatory Authority (ZERA) has increased  fuel prices for the month of February, from January in US dollar terms effective 5 February 2025. Petrol prices increased by 3% to  $1.53 per

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

Gold prices reached a new record high of 2,917.90 per ounce on the 10th of February 2025, driven by the U.S. President’s trade war, which is targeting both allies and adversaries. This surge followed