Search results for 'forex market'
Zimbabwe
Black Market Balloons as Government's ZiG Currency Gamble Backfires

During the last week of May, we continued to monitor the movement of the ZiG currency against other currencies in both the government-regulated formal exchange rate and the market-determined parallel

Jun 01, 2024
Zimbabwe
ZiG Experiences First Formal Forex Depreciation

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
Zimbabwe
Weekly Currency Market Analysis: Monetary Discipline Anchors ZiG Stability Post-2024 Devaluation

he Zimbabwe Gold (ZiG), backed by reserves estimated at USD 900 million by the Reserve Bank of Zimbabwe (RBZ), has maintained a stable exchange rate, marking over a year of resilience since the Septem

Oct 20, 2025

Top Stories

Zambia’s Unemployment Falls: But the 9.9% Rate Masks a Deeper Working Poverty Crisis

The Zambia Statistics Agency has reported a decline in the country's official unemployment rate to 9.9%, down from 12.9% in 2021 and from 12.6% recorded in the 2022 Labour Force Survey.  This was dis

8 hours ago

Inflation Climbs Again as Fuel Shock Pushes Food and Transport Costs Higher

Zimbabwe's ZiG annual inflation accelerated to 4.8% in April 2026, up from 4.4% in March and 3.8% in February, while USD annual inflation rose to 2.2% from 1.3% in March and 0.9% in February, accordin

11 hours ago

Is Zimbabwe’s Insurance Sector Missing the Market That Now Defines the Economy?

Zimbabwe's insurance penetration rate stands at approximately 2%, below the Sub-Saharan Africa average of 2.8% and less than a third of the global average of 6%. This figure was cited in the 2024 annu

13 hours ago

Pfuma Fund Declares First VFEX REIT Dividend After Just 53 Days

Pfuma Fund, a Real Estate Investment Trust listed on the Victoria Falls Stock Exchange, has declared an interim dividend of USD 446,719 for its inaugural reporting period ended 31 March 2026, represen

15 hours ago

South Africa’s Maize Export Market Faces Pressure as Zimbabwe Moves From Deficit to Surplus

Zimbabwe, once the bread-basket of Africa has accounted for 38% of South Africa's maize exports in the 2025-26 marketing year, absorbing approximately 741,000 metric tonnes out of a total of 1.95 mill

16 hours ago

GB Holdings Reports 96% Profit Collapse Despite 43% Revenue Growth

GB Holdings Limited has reported a profit after tax of USD 38,950 for the financial year ended 31 December 2025, a 96% collapse from the USD 1,029,508 recorded in the comparable period, despite total

Apr 24, 2026

Datvest Consumer ETF Delivers 45% Gain as Delta, Innscor Dominate Basket

The Datvest Modified Consumer Staples Exchange Traded Fund has reported a 45% year-on-year growth in the fair value of equity investments for the year ended 31 December 2025, with net assets attributa

Apr 23, 2026

Beyond the Agreements: Why Plumtree Has Become the Credibility Test of the Zimbabwe–Botswana BNC

Zimbabwe and Botswana have concluded the Fifth Session of their Bi-National Commission in Harare on 22 April 2026, with President Emmerson Mnangagwa and Botswana President Advocate Duma Gideon Boko co

Apr 23, 2026