ZIMBABWE’S trade deficit narrowed by 26,4 percent to US$69,6 million in October, as exports rose faster than imports, latest data from the Zimbabwe National Statistics Agency (ZimStat) shows. (more…)

SIMBISA Brands (Simbisa) is eyeing entering into forward foreign contracts with banks and where practicable use local suppliers to substitute imported raw materials to limit the impact of exchange rate movements. (more…)

AMID rising local use of the greenback, many companies are increasingly reporting their financials in US dollars or seriously considering doing so going forward. (more…)

ZIMBABWE’S platinum output is estimated to have increased by 11 percent, year-on-year, during the third quarter of 2023, reaching 129 000 ounces (oz), an all-time high, according to the World Platinum Investment Council’s (WPIC) latest report. (more…)