ZIMBABWE’s foreign currency earnings increased by 54,1 percent to US$4,97 billion during the first quarter of 2026, compared to US$3,22 billion in the same period last year, driven by tobacco and mining exports, official data reveals. According to the Reserve Bank of Zimbabwe, export earnings dominated the foreign currency receipt basket, accounting for an average…
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Foreign currency reserves surge to US$1,4 billion
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.