ZiG premium surge a cause for concern for business
Nelson Gahadza Despite initial hopes, Zimbabwe Gold (ZiG) has seen a steady decline on the parallel market as the gap between the official and parallel market rates continues to widen.…
Cafca’s export volumes plummet amid foreign currency challenges
Business Writer Cafca Limited, a leading manufacturer of electrical cables in Zimbabwe, has reported a significant decline in export volumes for the quarter ended June 30, 2024. Speaking on Capitalk…
Long term ZiG stability hinges on addressing gold leakages — Analysts
Tapiwanashe Mangwiro The Government’s efforts to stabilise its newly introduced Zimbabwean Gold (ZiG) currency, crucial to bolstering economic fortunes and stability, are under threat due to widespread gold smuggling. The…
The new wave of climate claptrap
You can sum up the world in just one word today: hot. Powerful heatwaves have struck every continent over the past year. At least 10 countries have recorded daily temperatures…
New Zealand exact revenge on Argentina with try scoring blitz in Rugby Championship
New Zealand rode a first-half try blitz to a 42-10 victory over Argentina in the Rugby Championship at Auckland’s Eden Park on Saturday to avenge last week’s shock loss to…
Supply chains should make the world better, not worse
Every product or service that you consume is part of a supply chain. Supply chains include an array of activities connecting mining or harvesting, processing, manufacturing, logistics, marketing, retail, consumption,…
Wall Street strategists bet on record highs for European stocks
The August turmoil in financial markets has left strategists unfazed about the outlook for European stocks, which are expected to scale new peaks this year. The Stoxx Europe 600 Index…
Climate change a challenge for small-scale farmers
New research into rural small-scale farms in South Africa’s North West province has found that climate-smart farming techniques lead to a better maize yield, a more regular supply of food…
Hippo Valley flags cash flow mismatch
Francis Gakanje Sugar producer Hippo Valley Estates Limited says there is a cash flow mismatch between the two major trading currencies (ZiG and USD), which is resulting in limited USD-denominated…
ZNCC submissions to the RBZ on the 2024 mid-term monetary policy statement
Note from ZNCC The Zimbabwe National Chamber of Commerce appreciates the continued recognition and importance that the Reserve Bank of Zimbabwe (RBZ) places on engaging the private sector through the…

