Inflation hits a new low, marking an unnoticed impact as the exchange rate is racing to lose its total value. The latest recorded inflation rate is 229.8% YOY and 1.1% MOM according to the national st
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The largest digital network group by marketshare, Ecocash Holdings, has recorded growth across all branches marking a clear upward trend in its financial performance. The company directs its positive
China claims it will begin purchasing oil and gas in yuan as 2023 drags on, a move that may eventually put the dollar's position as the world's reserve currency in jeopardy.
Bard Santner, an asset, corporate finance and wealth management firm has launched Gold Coin Unit Trust to support long-term savings by common Zimbabweans and significantly advance financial inclusion
A recession, defined as two consecutive quarters of negative economic growth, can be caused by economic shocks (such as a spike in oil prices), financial panics (like the one that preceded the Great R
The Invictus exploration process is turning into a gambling circus after the company announced that it has established new discoveries within the failed Mukuyu 1 body
Although the jury is still out and awaiting US CPI data (which is set to be released on Thursday), the net market perception is geared towards an expectation that The Fed will loosen its aggressive st
Karo’s listing came a week after, Simbisa Brands Limited, became the 6th counter, adding to financial services group Nedbank Zimbabwe, giant seed producer and distributor, SeedCo International Limited
Biden also said the money would be spent helping "develop cutting-edge energy solutions like clean hydrogen, a deal worth $2 billion to build solar energy projects in Angola, $600 million high-speed c
Nigerian Banks started issuing new naira notes today in conformity with directions from the Central Bank of Nigeria. Today, commercial banks will start dispersing the eagerly anticipated, newly redesi
The money made from the sale of goods and services has been increasing steadily between FY2016 and FY2021, with revenue growing at a Compound Annual Growth Rate (CARG) of 4.79%. However, it should be
20,000 metric tons of fertilizer made in Russia were shipped from the Netherlands to Malawi as part of a pact mediated by the United Nations to maintain agricultural products flowing to international
Zimbabwe just topped the list for food inflation with a 351% spike, and the situation at the Kariba dam would only exacerbate the country's critical food security concerns. Low-income workers are most
Africa has remained the major supplier of primary commodities, particularly agricultural products and mineral resources, to the rest of the world since the turn of the century.
OPEC+ has Made a decision to maintain production levels at current levels despite widening supply gaps in the market. The decision comes at a time China is expected to see spikes in demand as the late
At 321%, Zimbabwe tops the World Bank's (WB) list of countries severely afflicted by food inflation, among war-torn Lebanon and Venezuela, whose political and economic crises have left worrisome rates
Increasing economic activity in various key sectors of the economy such as, among others, mining, agriculture and construction coupled with cushioning the public service from global shocks and domesti
In March 2022, Russian President Vladimir Putin demanded that "unfriendly countries" use rubles to purchase his country's oil and gas, sending energy prices even higher as markets continue bearishly.
BlockFi cryptocurrency company is the latest casualty in the crypto business following the collapse of Sam Bankman-Fried’s FTX Bahamas-based company. On Monday, Nov. 28, BlockFi filed for bankruptcy p