Search results for 'imbabwe Economy'
World
Dubai’s Maser Group Pledges US$1.6 Billion Investment in African Agriculture, Data Infrastructure
Maser Group, a closely held Dubai-based consumer electronics manufacturer, plans to invest US$1.6 billion across Nigeria, Ghana and Kenya over the next 24 months, targeting large-scale agricultural p
Feb 09, 2026
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
Top Stories
FBC Generates ZWG214 Million in Q3 Profit Before Tax, Retains Just ZWG10 Million as Tax Pressure Deepens
FBC Holdings has generated approximately ZWG214.5 million in profit before tax during the third quarter of 2026, but retained only ZWG9.8 million in profit after tax, according to Equity Axis calculat
5 hours agoBAT Loses 38 Million Cigarette Sales, 53% Profit Margin Conceals a Shrinking Revenue Base
British American Tobacco Zimbabwe has lost 38 million cigarette sales in the first nine months of 2026 as weaker consumer purchasing power continues eroding demand for its higher priced brands, exposi
5 hours agoAnother US$1 Billion Revenue Year Looms for Delta as Half Year Sales Rival its Strongest Pre-2019 Annual Performances
Delta Corporation is heading towards another US$1 billion revenue year after generating US$607.5 million during the six months ended 30 September 2026, an 18% increase from the corresponding period.
6 hours agoClinker Imports Surge 90% to US$48 Million as Dinson's US$15 Million Cement Plant Nears Commissioning
Zimbabwe's clinker imports surged 89.7% to US$48.24 million during the first eight months of 2026, exceeding the US$40.78 million spent throughout 2025, as the country prepares to commission another c
6 hours agoZimbabwe Clarifies Economic Mandates for Mthuli Ncube and Tagwirei Through New Statutory Instruments
The new economic development portfolio can be assessed through concrete administrative indicators. Competition case processing times, the publication of merger decisions and the consistency of regulat
16 hours agoTreasury Owes Road Contractors US$188 Million as New US$2 Million Contract Approval Rule Takes Effect
Treasury has also warned creditors against engaging third-party debt recovery consultants whose commissions it does not recognise. The directive places greater importance on formal verification and pa
16 hours agoBuilt with Billions, Left Uninsured: Africa's Unprotected Public Infrastructure Exposes Taxpayers to Mounting Disaster Liabilities
Zimbabwe's government is moving towards compulsory insurance for public assets after its insurance regulator established that most government buildings, schools and hospitals remain without adequate p
1 day agoCBZ Loans and Deposits Surge Over 50%: Profit Barely Moves as Nonfunded Income Dominates Earnings
CBZ Holdings, has recorded substantial balance sheet expansion during the first nine months of 2026, with loans and deposits increasing by more than 53%, although profit after tax advanced just 0.9% t
1 day ago
