ZIMBABWE’s foreign currency receipts increased by 22 percent to US$6 billion during the first five months of 2025 from US$4,9 billion recorded during the comparable period, buoyed by favourable commodity prices. According to the Reserve Bank of Zimbabwe (RBZ), the growth in foreign currency receipts is attributed to the improvement in prices of key minerals…
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Foreign reserves surge to US$731 million
Adelaide Moyo, Group Managing Editor
Adelaide Moyo is a business and financial journalist based in Zimbabwe. With a keen eye for detail and a deep understanding of market complexities, Adelaide consistently breaks down complex financial concepts and business trends into accessible, compelling narratives for a diverse readership. She specialises in areas such as macroeconomics, corporate finance, investment, and the critical issues impacting Zimbabwe's economy, including currency volatility, the informal sector, climate change, and illicit trade. Adelaide is a recipient of national awards for her reporting in different sectors of the economy. She is also a member of the Oxford Climate Journalism Network.
