Frequent power outages across the country further compounded OK’s problems, forcing the retailer to rely on generators to ...

ZIMBABWE’S retail sector, once dominated by robust supermarket chains such as OK Zimbabwe, Spar and TM Pick n Pay, is facing ...

Traditional stores are struggling to survive as the volatility of Zimbabwe’s new currency pushes prices up. Many, including Pabwe, now shun them for much cheaper informal markets that pop up at ...

Zimbabwean companies should brace for further exchange-rate volatility this year following a shock devaluation of the ...

The Zimbabwe ZiG currency has shown remarkable stability over the past few months, signaling positive strides in the country’s economic recovery. On Monday, t ...

When the Reserve Bank of Zimbabwe (RBZ) introduced the Zimbabwe Gold, or ZiG, as the new currency last April, it promised it would be the ultimate solution to a two-decade currency crisis. However, ...

The ZiG, short for Zimbabwe Gold and the nation’s sixth attempt at a stable currency since 2009, fell 43% against the dollar ...

HARARE – Zimbabwe’s corporate sector is reeling under immense economic pressure, grappling with runaway inflation, currency ...