Search results for 'remittances'
Zimbabwe
ZiG Extends Weekly Losses: A Currency in Crisis?

The Zimbabwe Gold (ZiG) traded at 13.8076 from 13.7863 on the 15th of August last week, continuing the downward trend observed in July 2024. This decline, coupled with the alarming situation on the p

Aug 22, 2024
World
UK Changes Immigration Policy: Ban on Care Home Workers, 10-Year Residency Requirement, Focus on High-Skilled Labour and More

The United Kingdom has introduced a series of stringent immigration reforms through its 2025 Immigration White Paper, aimed at reducing net migration and prioritising high-skilled workers to bolster e

May 14, 2025
Companies
Diaspora Capital Fuels Property Market Resurgence, Says Tigere REIT

Tigere, a distinguished Zimbabwe Stock Exchange (ZSE)–listed real estate investment trust (REIT), has flagged that Zimbabwe’s property market is experiencing a strong resurgence. In its trading updat

Oct 06, 2025
Zimbabwe
Zimbabwe's Macroeconomic Stabilisation: Insights from the 2025 IMF Article IV Consultation

imbabwe's economy has navigated a turbulent path marked by hyperinflation, currency instability, and external shocks, but the 2025 IMF Article IV consultation highlights a tentative stabilisation amid

Oct 09, 2025
Zimbabwe
U.S. Expands Visa Bond Policy to Zimbabwe, Imposes Up to US$15,000 Requirement

The U.S. Embassy has expanded its visa bond policy to include Zimbabwe among 38 targeted countries, effectively tightening access to the United States and imposing steep new financial hurdles for Zimb

Jan 12, 2026
Zimbabwe
Record Gold Prices Lift Zimbabwe’s Forex Earnings to US$16.2bn

Zimbabwe earned US$16.2 billion in foreign currency receipts in 2025, up from US$13.3 billion in 2024, according to the latest foreign exchange update from the Reserve Bank of Zimbabwe (RBZ), with the

Jan 14, 2026
Companies
AFDIS Delivers Explosive Q3: Festive Demand, Anti-Illicit Crackdown Fuels 64% Volume Surge, 62% Revenue Jump

AFDIS, the Zimbabwean producer of spirits, wines, and ready-to-drink (RTD) beverages, reported robust third-quarter performance amid a stabilizing economic backdrop, with volumes surging 64% year-over

Feb 02, 2026

Top Stories

Zimbabwe Maize Imports Plunge 43%, Lowest Level Since 2025

Zimbabwe's maize import bill fell sharply in April 2026, dropping to $30.2 million from $53.2 million in March, a decline of roughly 43% in a single month that marks the clearest statistical signal ye

11 hours ago

Gold on the Edge: What World Gold Council’s June Outlook Means for Zimbabwe

Gold has closed May 2026 at USD 4,546 per troy ounce, a 1.4% monthly decline, according to the World Gold Council. The metal finished lower in most major currencies, with the exceptions of India and T

12 hours ago

National Breweries Flags 163% EPS Growth as Turnaround Gains Traction

National Breweries Plc, the Lusaka Securities Exchange-listed beverages manufacturer, expects earnings per share for the year ended 31 March 2026 to increase by 163% compared to the corresponding prio

14 hours ago

Zimbabwe Gets Its First Dedicated SME Exchange: ZEEX Opens New Capital Route for SMEs

Securities and Exchange Commission of Zimbabwe has approved the Zimbabwe Stock Exchange to operationalise its Small and Medium Enterprises exchange under the brand name Zimbabwe Entrepreneurship Excha

15 hours ago

ZWG Payments for Government Contracts: Masimba Flags Cautious Outlook

Masimba Holdings Limited has reported revenue of USD 8.8 million for the first quarter ended 31 March 2026, a 13% increase from the comparable period of 2025, and profit after tax of USD 453,000, a 12

Jun 05, 2026

Green Gold: Zimbabwe’s Avocado Exports Open at Six-Year High

Zimbabwe has exported USD 847,129 worth of fresh avocados in April 2026, the highest April opening value in over six-year trade dataset covering January 2021 through April 2026, and the second-highest

Jun 05, 2026

Gold Revenue Slide: Why Zim’s Main Forex Earner Hit a 13-Month Low and What It Means for the Economy

Zimbabwe's gold export revenue recorded its fourth consecutive monthly decline in April 2026, falling to USD 394.2 million from USD 427.1 million in March, USD 461.4 million in February, USD 493.0 mil

Jun 05, 2026

Mining Capex Boom: Machinery Imports Reveal Zimbabwe’s Industrial Buildout

When one reads Zimbabwe's April 2026 merchandise trade data at the headline level, its a story of a widening deficit, declining gold revenues, and compressed tobacco prices. However, when read at the

Jun 04, 2026