The US government budget deficit widened by 157% to US$227.8 billion in June 2023, up from a US$ 88.8 billion gap in the same month of the previous year. This figure fell below market expectations of
Jul 14, 2023
OK Zimbabwe Limited, the country’s largest retail operator by store count, is seeking to raise up to US$30 million to stabilize its finances amid a brutal operating environment that has pushed it to c
Apr 02, 2025
Botswana, often celebrated as a model of economic stability and prudent governance in Africa, is confronting a severe economic crisis precipitated by a sharp decline in global diamond prices. The Af
May 21, 2025
he Government implemented a series of reforms on 31 October 2025 aimed at enhancing the ease of doing business by eliminating redundant licenses and fees, a move that addresses long-standing barriers
Prospect Resources Limited, the Australia (ASX)-listed battery minerals explorer, has signed an agreement to sell its Step Aside Lithium Project in Zimbabwe for up to US$2.2 million, marking its lates
ioZim Limited, once a powerhouse in Zimbabwe's mining sector and the third-largest gold producer in 2020 just behind Caledonia and Freda Rebecca, has endured a prolonged period of decline marked by op
The Zimbabwe Gold (ZiG) currency has demonstrated remarkable stability against the United States Dollar (USD) on the Willing Buyer Willing Seller (WBWS) market, maintaining a steady trajectory amid br
Zimbabwe’s trade balance slipped back into deficit in September 2025, recording a shortfall of US$30.8 million after a modest surplus of US$6.9 million in August, a 548.8% swing from black to red. T
Zimbabwe has started the export of silver for the first time in 2025, after only registering three episodes of such in 2024. The country’s first time to export silver was in February 2024 worth US$
Zimbabwe has recorded a 46% increase in irrigated land from 151,000 hectares in 2019 to 221,000 hectares in 2025 in a landmark stride toward climate resilience and national food security according to
On October 28, 2025, President Emmerson Mnangagwa delivered his State of the Nation Address (SONA) to a joint sitting of Parliament in Mt Hampden, Zimbabwe, projecting cautious optimism amid a complex