The Russian ruble has hit its lowest mark in 15 months on the 10th of July 2023 at 90.6 against the US dollar, trading well below averages prior to Russia's invasion of Ukraine, due to political uncer
Jul 10, 2023
China’s factory-gate prices recorded their fastest fall in seven and half years in June while consumer inflation was at its slowest since 2021. The producer price index marked its steepest decline sin
A cohort of European Union (EU) Election Observers arrived in Zimbabwe to oversee the much-anticipated elections scheduled for the 234rd of August this year. This will be the second election under the
Jul 31, 2023
Russia's budget deficit widened by a significant margin in the first seven months of 2023, reaching a record-breaking RUB 2.817 trillion. This marked a substantial swing from the surplus of RUB 557 bi
Aug 11, 2023
CBZ Holdings, a ZSE listed financial giant has announced the appointment of Lawrence Nyazema as the new Group Chief Executive Officer, effective from April 19th 2024. The bank circulated this news on
estProp Holdings, a leading real estate company in Zimbabwe, has achieved a significant milestone, surpassing a net profit of over US$50 million for the full year ended 31 December 2023 to US$50.28 mi
irst Capital Bank has concluded its fiscal year 2023 on a positive note, achieving remarkable profitability and a substantial increase in loans and advances, which are integral to the banking industry
The Board of Directors of First Capital Bank declared a final dividend of US$ 0.22 cents per share for the period ended 31 December 2023. The dividend will be paid on or about the 10th of May, 2024, t
The Zimbabwean Government's introduction of the Zimbabwe Gold (ZiG) currency has shown initial signs of stability and acceptance in the business community. Initially trading at US$1: ZiG13, the ZiG h
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
The construction industry is facing significant challenges, according to Masimba Holdings Limited, a leading construction company. In its latest financial results for the full year ended December 31,
Innbucks Microbank, a prominent microfinance institution, has unveiled its ambitious plans to expand its product offerings and drive growth in the second half of the 2024 financial year. With a strong
