ZIMBABWE maintained a positive trade balance in February 2026, recording a trade surplus of US$46,4 million, a 57,7 percent decrease from the January 2026 surplus of US$109,9 million, latest data shows. According to data from the Zimbabwe National Statistics Agency, exports amounted to US$1,01 billion in February, an increase of 4,1 percent from the January…
ZIMBABWE maintained a positive trade balance in February 2026, recording a trade surplus of US$46,4 million, a 57,7 percent decrease from the January 2026 surplus of US$109,9 million, latest data shows. According to data from the Zimbabwe National Statistics Agency, exports amounted to US$1,01 billion in February, an increase of 4,1 percent from the January…
ZIMBABWE’s real GDP growth is projected to moderate to 4,5 percent in 2026, buoyed by a sustained recovery in the agricultural sector and the continued expansion of the mining industry, a new report shows. According to the latest outlook report from the African Development Bank (AfDB), growth will be underpinned by the strong performance of…
THE Reserve Bank of Zimbabwe (RBZ) anticipates a temporary shift in the domestic price outlook, warning that the recent surge in global oil prices will trigger a short-term inflationary spike through the second quarter of 2026. Despite the external pressure, the Monetary Policy Committee (MPC) remains optimistic, projecting that the inflationary impact will be contained…
ZIMBABWE’s foreign currency earnings increased by 77 percent to US$3,35 billion during the first two months to February 2026 from US$1,89 billion for the comparable period in 2025, driven by mining exports. The Reserve Bank of Zimbabwe said the total foreign currency inflows reflect a strong export performance, mainly driven by mining exports, particularly gold…
THE Reserve Bank of Zimbabwe (RBZ) has temporarily suspended the 90 percent export retention threshold for small-scale gold miners, citing significant operational challenges and banking bottlenecks. Last month, the central bank announced that artisanal and small-scale gold miners were set to receive 90 percent of their proceeds in foreign currency, with the remaining 10 percent…
THE Reserve Bank of Zimbabwe (RBZ) has assured state contractors that it has sufficient foreign currency inflows and reserves to meet US dollar demands following the treasury’s decision to pay them exclusively in ZiG. This comes amid widespread fears that the wholesale payment of contractors in ZiG could disrupt the recent exchange rate stability. To…
THE Victoria Falls Stock Exchange (VFEX) has hit a new milestone in its retail investor reach, with over 7 800 individuals now registered on the VFEX Direct digital platform. The growth of the retail investor segment highlights a shift in the exchange’s accessibility since the introduction of digital trading channels. Speaking at the Pfuma Real…
THE enactment of regulations to formalise the operations of the Victoria Falls International Financial Services Centre (IFSC) signals a concerted effort to attract foreign investment and establish the resort city as a regional financial hub, analysts have said. The regulatory framework, comprising Statutory Instruments 38, 39, and 43 of 2026, defines the operational, prudential, and…
ZIMBABWE’S drive to protect its natural heritage received a major boost this week following the announcement of a one million euro grant dedicated to habitat preservation and wildlife protection in…
INDUSTRY says new regulations on business fee cuts will address long-standing cost drivers and administrative bottlenecks within the retail and wholesale sectors. The government promulgated Statutory Instrument (SI) 41 of 2026, effectively dismantling the multi-licence requirement that has long hindered business growth. Under the new regulations, business owners will no longer be required to pay…
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