Search results for 'Zimbabwe economy'
Zimbabwe
RBZ Drops 2030 De-Dollarisation Target, Adopts Conditions-Based Mono-Currency Plan
The Reserve Bank of Zimbabwe (RBZ) has shifted its long-term monetary reform strategy from a fixed 2030 mono-currency target to a conditions-based framework, signalling that the transition to a single
Feb 11, 2026
Zimbabwe
Zimbabwe Introduces National Standard Price List: All Payments to Suppliers to Be Made in ZiG
Zimbabwe's Ministry of Finance, Economic Development and Investment Promotion, together with the Procurement Regulatory Authority of Zimbabwe, has announced on the 13th of March 2026 a National Standa
Mar 16, 2026
Zimbabwe
Post-Cabinet Briefing: Tobacco Earnings Surge Past US$500m, GMB Arrears Narrow, Wheat Set at 662,500 Tonnes
Zimbabwe's 2026 tobacco marketing season has recorded cumulative sales of 149.9 million kilograms at an average price of USD 2.65 per kilogram by Day 34, with tobacco exports reaching 83 million kilog
Apr 29, 2026
Zimbabwe
Diesel Jumps 20% in First Quarter as Zimbabwe’s Power Crisis Turns Into a Fuel Bill Problem
Zimbabwe has consumed significantly more fuel in the first quarter of 2026 than it did in the same period a year ago, according to data released by the Zimbabwe Energy Regulatory Authority. Diesel dem
May 11, 2026
Zimbabwe
Zimbabwe Holds Africa’s Highest Gold Reserve Shares as RBZ Builds ZiG Confidence Case
Harare- Zimbabwe held 4.48 tonnes of gold reserves as of 11 May 2026, according to data published by the Reserve Bank of Zimbabwe drawing on International Monetary Fund International Financial Statist
May 12, 2026
Zimbabwe
Milk Production Climbs to 40m Litres, Imports Expose Dairy Processing Deficit
Zimbabwe's commercial milk production grew 7% to 40 million litres in the first four months of 2026, up from 38 million litres in the comparable period last year, as the country edges toward what gove
May 21, 2026
Zimbabwe
SARB Raises Rates for First Time in Three Years Due to Iran War, Zimbabwe Faces Imported Tightening
The South African Reserve Bank has raised its benchmark repurchase rate by 25 basis points to 7.00% on Thursday, the first rate increase in three years, joining a small group of emerging market centra
May 29, 2026
Zimbabwe
Operationally Viable, Financially Irretrievable: The Harsh Reality for JSE-Listed Firms in Zimbabwe
Pick n Pay, one of South Africa's largest listed retailers, says its Zimbabwe operations remain fully impaired, a designation that has been in place since 2024, when the group stopped incorporating th
May 31, 2026
Zimbabwe
SADC Growth Shift: Zimbabwe Builds Capacity as South Africa Loses Investment Momentum
South Africa's economy expanded 0.5% quarter-on-quarter in Q1 2026, its sixth consecutive quarter of growth and the strongest performance since Q2 2025, as nine of ten industries registered positive o
Jun 09, 2026
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Zimbabwe’s Vehicle Industry Revival: Can Century Auto’s US$10m Injection Turn the Tide?
Century Auto Assembly, operating under Bronzepels Investments, is within weeks of commencing production at its USD 10 million vehicle assembly facility in Mt Hampden, Mashonaland West Province. The pl
5 hours agoZimbabwe Completes 143 Projects as Energy and Lithium Capacity Anchor First 100-Day Cycle
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
1 day agoA Turning Point for Zimbabwe’s Fertiliser Sector: Inside Broxmen’s US$500 Million Investment
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
1 day agoZimbabwe Raises Minimum Wage by 80% as ZiG Delivers First Credible Local-Currency Wage Floor Since Dollarisation
Zimbabwe has approved a review of minimum wages and related conditions of employment for domestic workers and workers in unclassified operations, acting on recommendations from the tripartite Wages an
Jun 16, 2026Zimbabwe Still Outpaces Sub-Saharan Africa’s Average Despite World Bank Growth Downgrade
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
Jun 16, 2026
