Search results for 'formal market'
Zimbabwe
ZiG Currency Conundrum: Government Cracks Down with Iron Fist to Tackle Black Market
Zimbabwe's newly introduced currency, the Zimbabwe Gold (ZiG), has experienced appreciation on the formal market on April 18, 2024, maintaining a consistent streak of appreciation. Since its introduct
Apr 18, 2024
Zimbabwe
ZiG Weekly Review: Formal Market Sees Slower Depreciation, Parallel Market Rate Drops
The Zimbabwe Gold (ZiG) exhibited a marginal depreciation of 0.1% week-on-week, trading at 26.3004 per USD on January 24, 2025, compared to 26.2614 on January 17, 2025. During the week, the ZiG trade
Jan 24, 2025
Companies
CFI Bounces Back With ZWG493 Million Profit in HY 25 , Driven by Monetary Gains
CFI Holdings Limited has staged a strong comeback in the first half of 2025, swinging from a loss of ZWG348.96 million in the prior comparable period to a ZWG493.64 million profit, according to the co
Jul 16, 2025
Top Stories
February Trade Snapshot: 5 Straight Surpluses, Imports Triple, 80% of Earnings Flow to Two Countries at War
Zimbabwe's merchandise trade recorded a surplus of US$46.5 million in February 2026, according to the latest trade data, marking the fifth straight surplus, the best performance in Zimbabwe’s trade.
6 minutes agoDairibord’s Milk Recovery Hinges on Chipinge Restart as Capacity Returns After Disruption
Dairibord now enters a recovery phase where operational constraints have largely been removed. The Chipinge restart is not simply a return to normal production. It is a reset of capacity, cost structu
23 hours ago
