Search results for 'Zimbabwe dollar'
Zimbabwe
Most Insignificant Drop for the Zimbabwe Dollar as RBZ Hints of Gold-Backed Currency

Embattled Zimbabwe dollar dropped -2% against the greenback on the latest Auction Market held on 25th April 2023, from ZWL1000.0227 to 2WL1021.2072, the least depreciation since the year commenced. Th

Apr 26, 2023
Zimbabwe
Zimbabwean Dollar sustains recovery

The Zimbabwe dollar has appreciated to ZWL5395.9619 on the latest auction market held on the 4th of July 2023, notching up 17% gain from ZWL6326.5877 traded last week per dollar. This is the biggest

Jul 05, 2023
Zimbabwe
Zim Dollar’s Sustained Recovery Raise Questions

The Zimbabwe dollar has sustained a recovery trend, firming to ZWL4998.8352 in the latest auction market held on July 11, 2023, with an 8% week-to-date increase. This marks one of the strongest perfor

Jul 12, 2023
Zimbabwe
Illusion of Stability? Zimbabwe Dollar Takes Gains to Fourth Straight Session

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
Companies
Meikles Limited Expands Property Portfolio

Diversified retail outfit, Meikles Limited Zimbabwe has expanded its property portfolio in the full year to 28 February 2023 after the completion of various projects. Meikles Limited, which is into re

Jul 21, 2023
Zimbabwe
Central Bank Blows Own Trumpet

On July 28th, the Central Bank issued a circular outlining the resolutions reached during the monetary policy meeting held on that day to evaluate the efficacy of recent policy interventions implement

Aug 01, 2023
Zimbabwe
Zim Dollar Retreats After Five Weeks of Appreciation

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
Companies
Willdale Reports Strong Revenue Despite Challenges

Willdale Limited, a brick maker in Zimbabwe, has reported robust revenue growth of 83% to ZWL 20 billion during the nine months leading up to June 2023, despite the challenges posed by exchange rate d

Aug 17, 2023
Companies
Star Africa Trades FY Loss Blame with Government

Star Africa Corporation, a sugar producer listed on the Zimbabwe Stock Exchange (ZSE), has reported a loss after tax of ZWL2 billion for the full year ended 31 March 31 2023. This represents a signifi

Sep 11, 2023
Companies
Exchange Losses Impede Dairibord's Profitability

pologies for the error. Dairibord Zimbabwe Limited, the largest dairy products processor listed on the Zimbabwe Stock Exchange (ZSE), has reported a loss after tax of ZWL4 billion for the six months e

Oct 02, 2023
Zimbabwe
Retailers Urge Government to Abandon Pegged Exchange Rate: Will Government Heed?

The Retailers Association of Zimbabwe (RAZ) has urged the government to abandon the pegged exchange rate system in favor of a market-determined exchange rate, believing this shift could revitalize the

Sep 24, 2024

Top Stories

Yellow Metal’s Magic: Gold Propels Zim to Highest Trade Surplus on Record

Zimbabwe recorded its highest goods trade surplus of USD 240.2 million in December 2025, a 163.8% increase from November, driven primarily by a 9.1% rise in exports to USD 1.142 billion and a 5.6% dec

13 hours ago

Invictus Qatari Gas Deal Collapses

Invictus Energy has formally terminated negotiations with Qatar-backed Al Mansour Holdings, ending a high-profile financing and equity deal that was expected to underpin Zimbabwe’s most ambitious gas

17 hours ago

Large scale miners will not benefit from strong gold prices: Explainer

A more sustainable approach would rebalance incentives rather than concentrating extraction on the easiest-to-tax players. That could include a more uniform royalty architecture with modest differenti

17 hours ago

Dynamics around Zimbabwe’s Record Easing ZiG Inflation

Zimbabwe’s gold-backed currency (ZiG) recorded a year-on-year inflation rate of 4.1% in January 2026, down sharply from 15.0% in December 2025, marking the country’s first sustained single-digit infla

19 hours ago

How AI-Driven Memory Chip Shortage Will Reshape Tech Industry Through 2027

The global semiconductor landscape is grappling with an unprecedented memory chip shortage, fueled by the explosive growth of artificial intelligence (AI) infrastructure. As data centres devour an in

21 hours ago

ZERA to Conduct Door to Door Solar Electricity Audit

The Zimbabwe Energy Regulatory Authority (ZERA) has moved to confront a long-ignored reality in Zimbabwe’s energy sector by announcing plans to audit household-level power generation, particularly roo

1 day ago

Valterra Platinum Forecasts Strong Earnings Surge for 2025 Amid Higher PGM Prices, Cost Savings

Valterra Platinum, one of the world's leading primary platinum group metals (PGM) producers, has forecasted a strong earnings performance for the twelve months ended 31 December 2025, driven by elevat

1 day ago

Zimbabwe’s Dairy Sector Records Highest Output in 2025, Here’s Why

Zimbabwe’s dairy sector reached a structural turning point in 2025, with commercial raw milk production rising to a 23-year high of 122 million litres according to Zimbabwe economic review Including

1 day ago