Foreign currency inflows into Zimbabwe's banking system reached USD 8.3 billion in the five months to 31 May 2026, against USD 6 billion in the same period of 2025, a 39.1% year-on-year increase that

The World Bank's June 2026 Global Economic Prospects report has placed Zimbabwe's 2026 GDP growth at 4.6%, a downward revision from the 5% projected in its January 2026 edition, with a further easing

hinese investor Broxmen Industrial Park, also known as Broxmen Investments and operator of the Sunny Yifeng tile manufacturing plant in Norton, is set to invest US$500 million in the development of a

Century Auto Assembly (Pvt) Limited’s US$10 million vehicle assembly plant in Mt Hampden, Mashonaland West Province, now stands at an advanced stage of completion and is preparing to commence producti

Zimbabwe has completed 143 of 242 projects in its First 100-Day Cycle of 2026, covering the period 9 February to 19 May 2026, with the remaining 99 described in the End of Cycle Report as nearing comp

The Zimbabwe Energy Regulatory Authority (ZERA) has reduced fuel pump prices effective 19 June 2026 with diesel (D50) dropping to US$1.99 per litre from US$2.09, while blended petrol (now E20) falling

TSL Limited, Zimbabwe's only listed group whose commercial footprint spans agricultural chemicals, tobacco sales floors, packaging, end-to-end logistics, and property, is set to become the country's l

Absa Group, South Africa's third-largest bank by assets, has launched a KES30.9 billion (US$238 million) offer to increase its stake in Absa Bank Kenya from 68.5% to as much as 85%, placing one of Afr

The Zimbabwe National Road Administration (ZINARA) is approaching the final stages of repaying a US$206 million loan obtained from the Development Bank of Southern Africa (DBSA) to finance the rehabil

Zambia's economy expanded by 7.7% during the first quarter of 2026, marking its fastest quarterly growth in several years as a strong agricultural recovery, improving domestic demand and expanding ser

The Zimbabwe Stock Exchange-listed diversified group, Amalgamated Regional Trading Holdings, recorded a 5% increase in overall sales volumes for the half year ended 31 March 2026, reversing the weak s

Thirty eight companies received operating licences at a Victoria Falls International Financial Centre (VFIFC ) licence ceremony held in Harare yesterday, marking the operational launch of a financial

Zimbabwe's goods trade balance for May 2026 was a deficit of USD 193.7 million, a 14% increase from April 2026's USD 169.9 million. Exports grew 11.6% month-on-month from USD 792.3 million to USD 884

Zimbabwe's May 2026 exports stood at $884 million, with $464 million of that, 52.5%, coming from semi-manufactured gold. The United Arab Emirates absorbed $448.7 million of total exports, the majorit

Zimbabwe’s economy lost momentum in the first quarter of 2026 as a sharp contraction in mining weighed on growth, underscoring the economy’s continued reliance on the extractive sector despite improvi

Mozambique has established a US$50 million foreign currency payment facility to restore nationwide fuel supplies after months of shortages caused by US dollar liquidity constraints that prevented dist

Dairibord Holdings’ three majority shareholders have entered negotiations with an unnamed third party over the acquisition of a controlling stake exceeding 51%, placing one of Zimbabwe’s largest food

Phoenix Consolidated Industries a prominent, historically significant manufacturing and industrial group has placed four established Zimbabwean industrial businesses on the market, giving investors un

Shuntai Investments, a Chinese-owned emerging cement producer, plans to begin operations at its integrated Chegutu plant in September 2026 after investing about US$120 million in cement production and

ZCCM Investment Holdings, Zambia's only listed diversified mining and energy investment company, reported a net loss of ZMW 2.79 billion, equivalent to USD 110.7 million, for the year ended 31 Decembe