Zimbabwe is currently struggling with power blackouts due to recurring drought spells that are hindering power production at Kariba Dam. As of August 19, 2024, water levels have plummeted to a critica

n a sign of mounting economic pressures, the August 2024 inflation rate for Zimbabwe's national currency, the Zimbabwe Gold (ZiG), hit a new high, marking the first time the legal tender has seen sign

Zimbabwe's gold exports in July 2024 contributed 34.2% to the total exports, according to the latest Zimstat's trade report. This output increased from 30.5% in June exports. However, it was still lo

Zimbabwe Electricity Supply Authority (ZESA), says the national power grid is currently facing reduced electricity generation capacity due to a technical challenge that occurred at the Hwange Thermal

In a significant stride towards energy security and sustainability, Zimplats, the largest corporate entity in Zimbabwe, is set to commission its groundbreaking 35MW solar power plant in the first quar

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

Zimplats, Zimbabwe’s largest corporate despite facing challenging market conditions, demonstrated a strong commitment to future growth by investing US$440 million in mine replacement and expansion pro

Zimbabwe's largest corporate entity, Zimbabwe Platinum (Zimplats), has reported a significant decline in earnings for the financial year ended 30 June 2023 attributed to a confluence of factors, inclu

imbabwe's Energy Regulatory Authority (ZERA) is taking a proactive approach to streamlining the construction and operation of fuel stations, aiming to balance the growing demand for fuel access with p

Zimbabwe's government continues to set ambitious gold production targets, but the reality on the ground often falls short. While the country achieved its highest gold output of 35 tonnes in 2022, the

CAFCA Limited Zimbabwe has faced significant foreign currency challenges in the third quarter of 2024 ended 30 June, leading to depressed export volumes. Despite this, domestic sales increased by 21%,

imbabwe is teetering on the precipice of a catastrophic power crisis, with the situation at the Kariba Dam reaching a terrifying nadir. As of August 19th, 2024, water levels have plummeted to a criti

In a bold move to secure the future of its flagship Mazoe Orange Crush, Schweppes Zimbabwe is embarking on a US$25-28 million citrus project, aiming to take control of its orange supply chain and fuel

Hippo Valley, Zimbabwe's largest sugar heavyweight , has reported a satisfactory first quarter ended 30 June 2024, despite facing a perfect storm of challenges. While the company saw a 6% increase in

O'MARI, the fintech subsidiary of Old Mutual Zimbabwe, has launched O'mari HomeCare, a groundbreaking digital-first home insurance product designed to make essential coverage more accessible and affor

ART Holdings Limited has announced a renewed focus on debt reduction as it navigates a challenging economic environment marked by persistent inflation, currency instability, and crippling electricity

OK Zimbabwe, a leading retail group in the country, has reported a mixed bag of results for the first quarter to FY25 ended 30 June 2024 with high volumes but less profit. OK Zimbabwe sold significan

anganda Tea Company, a leading producer in Zimbabwe, has reported mixed results for the third quarter of its financial year, with a strong performance in macadamia production offsetting a decline in t

The Zimbabwe Gold (ZiG) traded at 13.7863 on the 15th of August, down from 13.7854 in the prior week, continuing the downward trend observed in July 2024. The ZiG, backed by gold and US dollar reserve

Zimbabwe's gold sector has demonstrated remarkable resilience, with July witnessing a substantial surge in gold deliveries to Fidelity Refinery, the nation's sole gold purchaser. The total volume of