Search results for 'Economy'
Companies
CFI Bounces Back With ZWG493 Million Profit in HY 25 , Driven by Monetary Gains
CFI Holdings Limited has staged a strong comeback in the first half of 2025, swinging from a loss of ZWG348.96 million in the prior comparable period to a ZWG493.64 million profit, according to the co
Jul 16, 2025
Companies
Controlled Exchange Rates, ZiG Devaluation Sink Meikles into FY2025 Financial Loss
Meikles Limited, Zimbabwe’s second-largest retailer by store count, reported a significant financial setback in FY2025, plunging into a loss of ZWG 264 million from continuing operations, a contrast t
Jul 29, 2025
Zimbabwe
A Look into Zimbabwe’s Street Vending Ban: Economic Formalisation vs. Informal Livelihoods
In early August 2025, Zimbabwe’s government issued a one-month ultimatum to ban street vending and second-hand clothing sales, aiming to formalise the economy and enhance urban order. This policy has
Aug 21, 2025
Zimbabwe
No Tax Clearance, No Road Access: ZIMRA Crackdown on Public Transport Operators
The Zimbabwe Revenue Authority (ZIMRA) has introduced a stringent enforcement mechanism for revised presumptive tax rates targeting the public transport sector, including commuter omnibuses known as k
Sep 10, 2025
Top Stories
Zimbabwe’s $2.61 Billion Investment Pipeline Faces Credibility Test Against 31% Historical Realisation Rate
Zimbabwe's latest investment licensing figures have raised the financial stakes of the country's effort to attract foreign and domestic capital, with the Zimbabwe Investment and Development Agency (ZI
14 hours agoManufacturing Overtakes Mining in Investment Value as Industrial Delivery Comes Under Scrutiny
Zimbabwe's manufacturing sector overtook mining in projected investment value during the third quarter of 2026, attracting US$1.219 billion in proposed capital across 49 new licences as the country's
14 hours agoMidlands Takes 54% of Zimbabwe's New Investment Pledges, but Where Is the Capital Going?
Midlands Province captured US$1.407 billion in projected investment during the third quarter of 2026, accounting for 54% of capital proposed under Zimbabwe Investment and Development Agency (ZIDA) lic
15 hours agoTrump's AGOA Blow Deepens Zimbabwe's US$703 Million Remittance Risk Amid South Africa's Migrant Crackdown
United States President Donald Trump's decision to terminate South Africa's eligibility under the African Growth and Opportunity Act (AGOA) from 1 January 2027 has introduced another economic risk for
15 hours agoInvictus Enters Zimbabwe's Next Gas Drilling Phase With A$8 Million Cash as Commercialisation Costs Loom
Invictus Energy is preparing to drill its next major exploration well in Zimbabwe's Cabora Bassa Basin with A$7.97 million in cash remaining at the end of September 2026, as the company advances a gas
1 day ago
