Zimbabwe

Zimbabwe

Zimbabwe’s Gold Export Earnings Sink for 3 Consecutive Months Despite Soaring Price Records

Zimbabwe’s gold export earnings have inexplicably plunged for three consecutive months slipping from a record high of US$361.1 million in November 2024 to US$291.8 million in December, US$291.4 milli

Apr 01, 2025
Zimbabwe
RBZ Holds Firm at 35% Rate Amid Weak Demand, Looming ZiG Inflation Spike

he central banking authority, Reserve Bank of Zimbabwe has held interest rate firm at 35% as it continues its gamble to fight inflation head-on. In its latest Monetary Policy Statement (MPS) followin

 Mar 31, 2025
World
ZiG Deflation Hits -0.1% in March as USD Inflation Holds Steady at 15%: Contrasts Southern Africa’s Varied Trends

Inflation dynamics in Southern Africa as of March 2025 reveal a region of contrasts, with Zimbabwe’s dual-currency system standing out as a focal point of economic complexity. Zimbabwe’s ZiG month-on

 Mar 28, 2025
Zimbabwe
ZiG Records the Biggest 'Crush' Year-to-Date

The Zimbabwe Gold (ZiG) has depreciated against the United States Dollar (USD), recording an exchange rate of 26.7279 on 25 March 2025, extending a loss-making streak observed since the commencement o

 Mar 25, 2025
Zimbabwe
Gold Weekly Wrap: Trio of Titans, How 9 Tonnes Set Stage for Zimbabwe’s Gold Glory

Zimbabwe is gearing up for an ambitious goal of producing 40 tonnes of gold in 2025, a target made tantalisingly achievable by gold prices soaring past $3,000 per ounce amid global geopolitical tensio

 Mar 24, 2025
Zimbabwe
ZiG Weekly Review: Gradual Erosion Continues, What’s the Key to Sustainable Stability?

The Zimbabwe Gold (ZiG) has faced persistent bearish pressure against the US dollar (USD), settling at an exchange rate of 26.7069 as of March 21, 2025, marginally weaker than its 26.7116 close on Jan

 Mar 21, 2025
Zimbabwe
Zimbabwe to Host 40th SADC TBT Aiming to Eliminate Trade Barriers

Zimbabwe is set to host the 40th Southern African Development Community (SADC) Technical Barriers to Trade (TBT) Cooperation Structure conference from March 24 to 28, 2025, at the Peniel Retreat Centr

 Mar 21, 2025
Zimbabwe , Switzerland Signs Landmark Treaty to Eliminate Double Taxation

Zimbabwe and the Swiss Federation have signed a treaty to avoid double taxation concerning income and capital gains. This agreement aims to enhance transparency and cooperation in tax matters among p

Mar 20, 2025
Kuvimba Targets 3,600kg Gold Haul as Prices Soar Past $3,000/Ounce

As gold prices soars past a record $3,000 per ounce in 2025, driven by geopolitical tensions and investor flight to safe-haven assets, Zimbabwe’s mining sector is poised for a windfall. Kuvimba Mining

Mar 20, 2025
Is Zimbabwe losing the fight against IFFs?

According to the International Journal of World Policy and Development Studies, Zimbabwe lost over US$32.179 billion during the period 2000 to 2020 . The paper by Jeffrey Kurebwa further notes that I

Mar 19, 2025
Mad Money Muse:  Zimbo Economic Circus Rolls On

This week, we’ve got a buffet of absurdity: tax revisions that scream “oops, my bad,” Blessed Geza’s grand return as the wannabe Che Guevara of Harare, Blessing Mhlanga’s jailhouse blues, Chris Mutsv

Mar 19, 2025

ZiG Weekly Review: Slides to 26.67, Worst Performance Since January, but PMR Gap Narrows

The Zimbabwe Gold (ZiG) has demonstrated sustained depreciation against the United States Dollar (USD), recording an exchange rate of 26.6749 on 17 March 2025, extending a loss-making streak observed

Mar 17, 2025

Zimbabwe Welcomes Over 750,000 Tourists in H1 2024,  Tourism Receipts Edge Half a Billion

Zimbabwe’s tourism sector has shown remarkable growth in the first half of 2024, with international tourist arrivals increasing by 27% to 751,483 from 592,567 compared to the same period in 2023 accor

Mar 13, 2025

South Africa’s 2025 Budget: A Fragile Lifeline for Zimbabwe’s Ailing Economy?

For Zimbabwean businesses and policymakers, this figure raises a pressing question: is it enough to pull South Africa—and the region—out of its economic quagmire? As Zimbabwe’s largest trading partner

Mar 13, 2025

ZiG Weekly Review: ZiG Hits 48-Day Low on Formal Market Amid Fiscal Recalibration

The Zimbabwe Gold (ZiG) registered a 48-day low on March 10, 2025, trading at 26.6486 against the USD, marginally above its January 22 nadir of 26.7116. While the 0.2% week-on-week depreciation appea

Mar 11, 2025

Zimbabwe to Host Historic EU Business Forum for the First Time

The European Union (EU) is set to host a business forum in Zimbabwe from 20 to 22 May 2025, focusing on key sectors driving Zimbabwe’s economic growth, including agriculture, renewable energy, and min

Mar 10, 2025

Gold Weekly Commentary: Zimbabwe's Mining Industry Hits New High

Zimbabwe has recorded its highest gold output in two months, marking a new record high as the country progresses toward its year-end production target. After achieving a record 36.48 tonnes in 2024, Z

Mar 10, 2025

Zimbabwe's Gold Production Decline in February: Sectoral Challenges, Rainfall Impacts

Zimbabwe's gold deliveries declined by 17.7% month-on-month in February 2024, falling to 2.56 tonnes from 3.1 tonnes in January. This marks the lowest monthly output in over six months since June 2024

Mar 06, 2025

ZERA Decreases Diesel Prices, Petrol Prices Rise

The Zimbabwe Energy Regulatory Authority (ZERA) has decreased diesel prices for March, effective 4 March 2025, from February's prices in US dollar terms. Diesel prices went down by 3% from US$1.58 in

Mar 05, 2025