African Distillers (AFDIS), a prominent manufacturer of wine and spirits, experienced a 13% downturn in wine volumes during the quarter ended 30 June 2023, with spirits registering a meagre uptick of
Jul 25, 2023
The ZiG has experienced its inaugural depreciation in the formal forex market since its inception, as per the data reported by the Central Bank. On a week-over-week basis, the ZiG was quoted at 13.581
Jun 24, 2024
The embattled ZiG, a currency embroiled in a fierce battle for survival, has found itself in a perilous state, trading at an alarming rate of 13.7689 against the mighty U.S. dollar on July 24th, 2024
Jul 25, 2024
Zimbabwe's trade deficit surged in June 2024, reaching over $200 million. The latest data from Zimstat shows the deficit rose by 39.6% to $218.9 million, up from $156.8 million in May 2024. A trade d
Jul 29, 2024
Mimosa processed about 41,000 fewer tonnes during FY2026. The lower grade then reduced the metal contribution from the smaller processing base. Restoring production will require progress in both area
Higher throughput lifted concentrate production by 5%, leaving 24,000 ounces in inventory as lower grade and delayed fleet spending shape the FY2027 production test
Seed Co Limited, the Zimbabwe listed seed producer, narrowed its operating loss by 35% to US$2 million during the quarter ended 30 June 2026 as stronger winter cereal seed demand, early maize export
The Government’s debt-resolution and arrears-clearance programme is therefore about more than reducing a number on a balance sheet. It is about changing the composition of Zimbabwe’s creditors and, ul
The next milestone will be whether Government can maintain that momentum.The US$20 million allocation for 2026, followed by the planned US$70.5 million settlement during 2027 and 2028, creates a clear
The strongest conclusion from the first half of 2026 is that Zimbabwe’s revenue system is currently generating more than Treasury expected. The Government collected US$5.15 billion equivalent, compare
Delta Corporation accrued US$7.3 million in sugar tax across its affected non alcoholic beverage categories during the quarter ended 30 June 2026, placing the levy near the annual pace recorded in the
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