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A service for banking industry professionals · Monday, May 19, 2025 · 813,979,576 Articles · 3+ Million Readers
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Zimbabwean Dollar (ZWD) News Monitoring

  • Published on 09:59 GMT

    US dollar weakness fuels surge in currency volatility

    The dollar's descent is elevating the price of hedging currency trades around the world, breaking up a long-standing market conviction that costs tend to come down when the greenback weakens. The correlation between the dollar and a widely-watched …

    Source: Bulawayo 24 News - Neutral
  • Published on 07:43 GMT

    Zimbabwe officials’ incessant praising of Mnangagwa is an attempt to mask his glaring failures

    Tendai Ruben Mbofana There is a deeply disturbing and frankly embarrassing trend that has taken root in Zimbabwe’s political landscape—one that reeks of desperation, fear, and manufactured loyalty.  It is the inexplicable and incessant praising of …

    Source: The Zimbabwean - Indeterminate
  • Published on May 16, 2025

    BAT Zimbabwe battles inflation, volume dip in challenging operating environment

    HARARE – British American Tobacco Zimbabwe (Holdings) Limited (BAT Zimbabwe) has reported a challenging operating environment for the three months ended March 31, 2025, citing high United States Dollar (USD) inflation, liquidity constraints, and ongoing …

    Source: Nehanda Radio - Neutral
  • Published on May 14, 2025

    Zimbabwe to Get First Dollar-Listed REIT as Property Heats Up

    Zimbabwe is set to get its first dollar-denominated real estate investment trust listing on Friday, as demand for property stocks grows. Eagle REIT is seeking to raise $62 million from the listing on Zimbabwe’s US dollar-denominated Victoria Falls Exchange …

    Source: The Zimbabwean - Indeterminate
  • Published on May 15, 2025

    Zimbabwe govt owes Zisco pensioners US$38 million

    The Ministry of Finance, Economic Development and Investment Promotion is reportedly in arrears of US$38.7 million owed to former ZiscoSteel workers, according to a damning report by Parliament's Portfolio Committee on Budget, Finance and Investment …

    Source: Bulawayo 24 News - Neutral
  • Published on May 17, 2025

    ‘Give us statistics’— Unconvinced opposition MPs tell Government claiming it is creating jobs, developing economy

    By Anna Chibamu DESPITE Zimbabwe’s high unemployment rate and grinding poverty among ordinary citizens, President Emmerson Mnangagwa’s administration claims it is creating jobs while economic development is evident countrywide. His son, Deputy Finance …

    Source: New Zimbabwe - Neutral
  • Published on May 15, 2025

    Ethiopian Birr: World’s 3rd Worst Currency Due to Sharp Depreciation

    The pursuit of economic stability and poverty reduction has been greatly hindered by the presence of political instability and conflict crises. These challenges have presented substantial risks that impede progress in these areas. (TH) – This week’s …

    Source: Zehabesha - Indeterminate
  • Published on May 15, 2025

    Zimbabwe emerges as hotspot for scalable fintech solutions

    Zimbabwe is rapidly positioning itself as a fertile ground for scalable Financial Technology (fintech) innovations, with leading local financial institutions at the forefront of this transformation. By harnessing advanced technology, these institutions are …

    Source: Bulawayo 24 News - Neutral
  • Published on May 16, 2025

    Eagle REIT listing on VFEX a critical leap: Ncube

    FINANCE Minister Mthuli Ncube FINANCE Minister Mthuli Ncube has hailed the listing of Eagle Real Estate Investment Trust (REIT) on the Victoria Falls Stock Exchange (VFEX) as a “critical leap forward” in the country’s capital markets development and …

    Source: NewsDay Zimbabwe - Neutral
  • Published on May 16, 2025

    Ariston reduces costs with new solar plants

    Zimbabwe Stock Exchange-listed agricultural company, Ariston Holdings Limited, has reported substantial financial savings driven by its investment in solar energy projects, which have helped reduce dependence on costly generators and their associated …

    Source: Bulawayo 24 News - Neutral
  • Published on May 16, 2025

    Brutal lending regime torches industry, as economists warn of deepening crisis

    Economists say Zimbabwe’s financial system is not just under pressure — it is structurally impaired. Zimbabwe’s fire-fighting administration received a sobering warning from leading economists this week: the country is on the brink of industrial collapse …

    Source: The Standard - Pending
  • Published on May 16, 2025

    Industries rebel against prohibitive policy rate... as big lenders adopt a precautionary stance

    At the core of the impasse is the refusal by commercial banks to lend within the RBZ’s prescribed rate. Zimbabwe’s industries have quietly mounted a powerful rebellion against the Reserve Bank of Zimbabwe (RBZ)’s January 2025 policy rate, warning that …

    Source: Southern Eye - Indeterminate
  • Published on May 16, 2025

    FCB Zim contributes US$23m PAT to group in FY24

    FMBCH is a financial services holding company based in Mauritius, which has several banking operations in southern Africa, including Zimbabwe. FIRST Capital Bank (FCB) Zimbabwe contributed US$23 million in profit after tax (PAT) for the year ending …

    Source: NewsDay Zimbabwe - Neutral
  • Published on May 15, 2025

    Iran set for soaring inflation and near-zero growth, grim IMF outlook finds

    Iran is facing one of its bleakest economic outlooks in years, data published by the International Monetary Fund (IMF) suggests, with inflation surging, fiscal deficit growing and nominal economy shrinking—all indicators of potential long-term instability. …

    Source: Iran International - Indeterminate
  • Published on May 15, 2025

    Govt owes Zisco pensioners US$38m

    The Parliamentary Portfolio Committee on Budget, Finance and Investment Promotion’s report detailed how pensioners were prejudiced when the country moved from the US dollar to local currency. THE Finance, Economic Development and Investment Promotion …

    Source: NewsDay Zimbabwe - Neutral
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