The Zimbabwe dollar has sustained the recovery trend on formal market after firming by 5% on the latest auction market from ZWL4998.8352 during the previous week to ZWL4771.3854 during the week under
Jul 20, 2023
The Zimbabwe dollar exhibited its fifth consecutive period of appreciation, trading at ZWL4505.4232 against the greenback, up from ZWL4771.3854. This marked a significant week-on-week increase of 6%,
Jul 28, 2023
The Zimbabwe dollar has witnessed its first depreciation during the first trade in August after a period of five consecutive weeks of appreciation against the US Dollar according to the latest data fr
Aug 02, 2023
As the elections period draws closer, the Zimbabwe dollar has encountered its third consecutive session of losses against the US dollar. On the latest wholesale RBZ-governed auction market, the curre
Aug 17, 2023
The Zimbabwe dollar weakened on the latest RBZ-governed liberalised auction market system, falling to ZWL4712.1675 from ZWL4647.9681 last week, representing a 1% decline. This marks the third consecut
Sep 13, 2023
Zimbabwe’s ailing but massaged currency, the Zimbabwe dollar increased at a decreasing rate of 0.4% on the 24th of October 2023 on RBZ’s governed liberalized auction market rate. This marks the small
Oct 25, 2023
The Zimbabwe dollar maintained its depreciation rate of 0.4% during the latest auction market held on October 31, 2023. This resulted in the massaged currency being traded at a rate of 5718.4090 again
Nov 01, 2023
ively leveraged internally generated foreign currency to address its foreign obligations, streamline internal operations, and reduce its gearing ratio. Despite the persistently unreliable foreign curr
Mar 26, 2024
the Reserve Bank of Zimbabwe (RBZ) has announced its mid-term monetary policy statement, with no major shifts. The main bank rate remains unchanged, along with the interest rate corridor and statutor
Aug 30, 2024
Tharisa Plc has raised approximately US$294 million through a five-year senior secured bond that will be used mainly to complete construction of the Karo Platinum Project in Zimbabwe, giving the miner
Econet Wireless Zimbabwe plans to retire its third-generation (3G) mobile network by the end of December 2027, beginning a major reallocation of spectrum and infrastructure toward fourth-generation (
Finance Minister Mthuli Ncube has disclosed 6,995 additional hotel rooms at different stages of development in Harare, alongside investment opportunities within the 1,200-hectare Masuwe Special Econom
Zimbabwe has raised producer and planning prices for the 2026/27 agricultural season, lifting maize and traditional grains to US$432 per tonne, soya beans to US$660.95, sunflower to US$826.19 and whea
Zimbabwe’s beverage and food manufacturing landscape is entering a new phase of scrutiny as the proposed acquisition of a significant stake in Dairibord Holdings by Varun Beverages raises questions ar
Zimbabwe’s platinum industry is entering a market where the next demand cycle may increasingly come from advanced industrial applications rather than its traditional automotive base, as artificial int
Zimbabwe’s platinum industry has increased refined production during the second quarter of 2026 as operational improvements at major producers lifted output, placing the country’s mining sector in a
The Zimbabwe Investment and Development Agency (ZIDA) and Invest Hong Kong have signed a memorandum of understanding establishing a framework for investment cooperation, including investor referrals,
