Operating Environment
The first quarter witnessed a rapid depreciation of the local currency, high inflationary pressures, and liquidity challenges in the economy. This culminated in the Government intervening through introduction of a new structured currency in early April 2024, the Zimbabwe Gold (ZiG), which is expected to foster macroeconomic stability and predictability in the exchange rate going forward.
Revitus Real Estate Trust – REDESIGN | RENOVATE | REGENERATE