Cafca sees 29% increase in Q1 revenue, bemoans policy changes

In its trading update for its first quarter ended December 31, 2024, Cafca said the period saw industry and commerce adjusting to various changes.
By Blessed Ndlovu Mar. 13, 2025

Looking ahead: Will currency stability be guaranteed in 2025?

A larger economic base helps mitigate the downsides associated with wider budget deficits and the need to monetise the funding gap through expensive debt or simply printing currency. 
By Equity Axis Dec. 13, 2024

Risks associated with the Zim financial sector at the moment

There is also the problem of a compromised new currency, which has been made vulnerable through introducing it too fast, beyond what market participants can comprehend.
By Kevin Tutani Apr. 12, 2024

Forex earnings to decline

The move, according to the RBZ, meant to enhance foreign exchange resources needed to settle national and international obligations that normally require foreign currency.
By Mthandazo Nyoni and Tafadzwa Mhlanga Feb. 23, 2024

Tobacco exports surge

According to TIMB, 91% of the registered growers are contracted.
By Melody Chikono Feb. 21, 2024

ART reports 7% exports decline

At the Mutare Estates unit, timber volumes at 2 583 cubic metres increased by 16% from prior year as demand remained firm and sawmill efficiencies improved.
By Blessed Ndlovu Feb. 15, 2024

Cafca records 444% increase in income

Cafca saw a 455% increase in profit after tax to $4,9 billion, in line with the turnover increase.
By Rugare Mubika May. 15, 2023

BAT exports seen increasing

The company also noted that its pricing in real terms was markedly higher than competitor trade prices within the period.
By Melody Chikono Apr. 26, 2023

Russia sets grain deal conditions, Putin suggests free grain for Africa

Ukraine, along with Turkey and the United Nations, had wanted to extend the deal for 120 days.
By Reuters Mar. 20, 2023