TRADING activity on the local agricultural commodities market, the Zimbabwe Mercantile Exchange (ZMX), has largely remained subdued due to structural inefficiencies, mainly inconsistent product supply. Analysts say the supply gaps reflect the country’s reliance on rain-fed agricultural production, which tends to be seasonal as well as prone to climatic vagaries such as droughts. The electronic…
Africa’s gold story in 2025 was shaped by sharp contrasts, as central banks across the continent adjusted their reserves amid currency pressures, inflation risks, and shifting global gold prices. African…
ZIMBABWE’s natural resource exports reached US$3,4 billion in 2025, surpassing the Minerals Marketing Corporation of Zimbabwe’s (MMCZ) US$3,2 billion target, driven by favourable price movements in some key commodities. MMCZ monitors and facilitates mineral exports to prevent leakages, transfer pricing and under-invoicing. In a statement, MMCZ said cumulative mineral sales for the full year 2025…
THE International Monetary Fund (IMF) has projected that Zimbabwe’s inflation will remain in single digits throughout 2026, marking a significant milestone in the country’s return to macroeconomic stability. This comes as the annual ZiG inflation dropped to 4,1 percent in January — the first time that the local currency figure had fallen to single digits…
TANGANDA Tea Company says rising costs and challenging operating conditions have widened its cash shortfall to about US$6,36 million, forcing the group to seek funding through a US$8 million rights offer. In a recent rights offer circular, the company said it emerged from the Covid-19 pandemic with a cash flow deficit that has since worsened…
THE International Monetary Fund (IMF) has reached a staff-level agreement with Zimbabwe on a new 10-month Staff-Monitored Program (SMP), marking a critical step in the country’s efforts to normalise relations with international creditors and keep the economic recovery on track. The agreement, announced Friday following a mission led by Wojciech Maliszewski from January 28 to…
THE Zimbabwe National Road Administration (Zinara) disbursed ZiG9,5 billion to road authorities and strategic obligations in 2025, marking a sharp increase from ZiG4,6 billion released in the previous year. In its disbursement report as at December 31, 2025 released yesterday, the road fund administrator said the funds supported local road authorities, repayment of the Development…
THE Competition and Tariff Commission (CTC) has launched two investigations into fibreboard and door imports, citing preliminary evidence that sharply rising inflows are harming domestic producers. The investigations are in line with national competition legislation and safeguard regulations, consistent with the World Trade Organisation (WTO) agreement on safeguards. “The commission has initiated two safeguard investigations…
MUTAPA Investment Fund (MIF) has overhauled its mining assets, replacing the Kuvimba Mining House (KMH) model with commodity-specific units to streamline national mineral production. MIF chief investment officer Simbarashe Chinyemba told the media in Harare yesterday that the move was designed to ensure the sovereign wealth fund runs a leaner and more efficient organisational structure…
THE Securities and Exchange Commission of Zimbabwe (SECZim) has authorised the Financial Securities Exchange (FINSEC) to launch an Asset Tokenisation Market under the commission’s regulatory sandbox framework. The approval positions…
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