As the Zimbabwe dollar weakens further, there have been calls for Zimbabwe to ditch the local currency and adopt the US dollar as the main currency, once again. Reserve Bank of Zimbabwe governor John Mangudya...
By John Legat
2021 proved to be a strong year for the Zimbabwe economy despite the various COVID-induced lockdowns. 2020 was not a great year, so in part 2021 was a recovery year greatly...
Reserve Bank of Zimbabwe Governor, John Mangudya, is reluctant to act to narrow a widening gap between the Zimbabwe dollar’s official and black market rates, saying that businesses are to blame for the disparity.
Cement producer PPC says cement sales volumes in Zimbabwe grew by a better-than-expected 19% in the six months to September, as the industry saw double-digit growth in demand for cement.
PPC, which says it...
By Gloria Dube
The government has picked horticulture as one of the first beneficiaries of part of Zimbabwe’s allocation of US$960 million of IMF money. This has sent a strong signal of how much...
Zimbabwe’s Rudland family could take over one of Southern Africa’s biggest sugar producers, Tongaat Hulett, by underwriting the company’s R4 billion rights issue.
Magister, a company represented by Hamish Rudland and registered in Mauritius,...
By Tapiwa Chagonda
The Zimbabwean economy has continued to experience turbulence, despite having managed to weather a devastating spell of hyperinflation which peaked in 2008.
One economic area which has remained...
The International Monetary Fund (IMF) says the Zimbabwe economy will grow 5.1% in 2021, a slower recovery than the 6% it had forecast in June.
Inflation in Zimbabwe will average 92.5% this year...
If you are wondering what stocks to buy in this economy, you need to be looking at agriculture and consumer stocks, according to securities firm Morgan & Co.
Stock market investors should watch these factors;...
Padenga’s decision to list on the Victoria Falls Stock Exchange (VFEX) was a win for the new bourse and Finance Minister Mthuli Ncube’s incentive scheme, but the country’s biggest broker says it deprived local investors of a...
