Search results for 'Stability'
Zimbabwe
ZiG Firms for the First Time on Formal Market, Ends Bearish Streak Since April
The Zimbabwe Gold (ZiG) appreciated for the first time on May 21, 2025, strengthening to 26.8853 from 26.9786 per dollar the previous day, breaking a chain of loss-making streaks since April 25, when
May 23, 2025
Zimbabwe
Zimbabwe's Inflation Surge in Local Currency, USD Enters Deflation: Comparative Analysis with SADC Peers
Zimbabwe's annual inflation rate in local currency (ZiG) skyrocketed to 92.1%, driven by food and beverage prices, while the US dollar (USD) saw a month-on-month decline of 0.3%. The repeal of Statut
May 29, 2025
Zimbabwe
ZiG Weekly Commentary: ZiG Achieves Record Appreciation, June Outperforms with Robust Late Rally
The Zimbabwe Gold (ZiG) currency exhibited robust appreciation in late June 2025, a trend that extended into July 2024, bolstered by an expansion in gold reserves and sustained tight monetary policy m
Jul 14, 2025
Companies
Illicit Capital Floods Zimbabwe’s REITs: Tigere Maintains Full Occupancy Amid Concerns
A concerning surge in illicit capital inflows and fuel arbitrage, is increasingly being channelled into Zimbabwe’s urban commercial property market, including the real estate investment trust (REIT) s
Jul 29, 2025
Zimbabwe
ZiG Weekly Review: Supplier Payment Delays, Budget Underutilisation Threaten ZiG’s Long-Term Stability
The Zimbabwe Gold (ZiG) closed the week ended 8 August 2025 at an exchange rate of 26.7605 against the USD, reflecting a marginal appreciation from 26.7369 the previous day and aligning with the rate
Aug 08, 2025
Zimbabwe
Weekly Currency Review: Is ZiG’s Stability Fundamentally Driven or Cosmetically Defined?
The local currency, the ZiG, has maintained a stable performance for nearly a year, marking a significant milestone in the country’s economic landscape. On September 16, 2025, the ZiG opened the week
Sep 16, 2025
World
Gold ETFs Soar with $5.5B Inflows in August: Could a Gold-Backed ETF Work Locally?
Physically backed gold ETFs in August had inflows of US$5.5 billion, marking three months in a row of positive flows. Gold-backed ETFs are investment funds that hold physical gold and are traded on s
Sep 16, 2025
Top Stories
Innscor Makes History Again: First Zim Firm to Hit US$1 Billion Revenue Twice, Fuelled by Decades of Strategic Mastery
Innscor, Zimbabwe’s largest food processor, has etched its name in history as the first company in the nation to surpass US$1 billion in revenue twice, achieving this feat in 2014 with US$1.04 billion
Sep 26, 2025Public Service Pension Fund Bets on Real Estate to Shield Members from Market Volatility
The Public Service Pension Fund (PSPF), an arm of the Zimbabwean government that manages retirement savings and pension benefits for public sector employees, is significantly expanding its property po
Sep 25, 2025Africa Ranks as Epicentre of Child Poverty, Yet Possesses 30% of Global Rare Riches: An Analysis
The past decade has witnessed gradual but persistent progress in reducing extreme child poverty globally, yet children remain disproportionately affected by poverty compared to adults. Despite advanc
Sep 24, 2025National Tyre Services Charts Recovery Path After ZiG 121M Loss with Robust Supply Chain Overhaul
National Tyre Services (NTS), Zimbabwe's leading tyre distribution and retail company, remains optimistic about its future prospects despite posting a substantial full-year loss of ZWG 121 million for
Sep 23, 2025