IT is imperative for every successful and expanding economy in the world to have its own currency and monetary policy. I make that statement because it is important for all Zimbabweans to understand t...
By Eddie Cross | Published: 12 September 2023
A REGIONAL regulatory body has blocked Dutch paint and coatings firm, AkzoNobel N, from acquiring a stake in the Mauritian and South African subsidiaries of Japanese chemical firm, Kansai Paint Co Ltd...
By Staff reporter | Published: 12 September 2023
NEWLY-elected Ward 4 Councillor, David Coltart, of the Citizens Coalition for Change (CCC) was yesterday sworn in as the new mayor for the City of Bulawayo.He will be deputised by Ward 9 Councillor, D...
By Staff reporter | Published: 12 September 2023
National Railways of Zimbabwe (NRZ) is targeting to generate at least US$1 million annually from leasing out some of its properties across the country as part of an initiative to widen its revenue bas...
By Staff reporter | Published: 12 September 2023
All newly sworn-in Members of Parliament (MPs) have a deadline of November 7 to submit their financial interests lists to Parliament, as mandated by the Constitution and Parliament's standing rules an...
By Staff reporter | Published: 12 September 2023
CCC councillor for Ward 18 Ian Makone has been elected Harare mayor and will run the city's affairs for the next five years.He will be deputised by Ward 41 councillor Kudzai Kadzombe (CCC).The process...
By Staff reporter | Published: 12 September 2023
Varun Beverages Zimbabwe is planning for further capacity expansion, which should see the beverages maker put more production lines in the country, as it seeks to meet growing demand for affordable be...
By Staff reporter | Published: 12 September 2023
South Africa is losing more than US$62 billion a year because of illicit financial flows (IFFs), which could be used to fund the building of schools, hospitals and safer roads.This was highlighted at ...
By Staff reporter | Published: 12 September 2023
The dollar's record hot streak came under threat yesterday as Asia's biggest central banks took aim in different ways at the recent rally in the greenback.The People's Bank of China gave a strong warn...
By Bloomberg | Published: 12 September 2023
The European Investment Bank (EIB) has availed about €40m to Zimbabwe banks within a year, which will go towards bailing out the country's SMEs and mid-cap companies, in a vote of confidence in the ...
By Staff reporter | Published: 02 June 2022
A rising bout of inflation is posing a severe threat to Zimbabwe's industries amid growing fears most companies will struggle to restock, which could potentially trigger a significant reduction in pro...
By Staff reporter | Published: 02 June 2022
Listed cement maker, Lafarge Zimbabwe will soon commission a new vertical roller mill plant at its Manresa complex as it seeks to double its output, CEO Godfrey Ndugwa has said.The launch of the verti...
By Staff reporter | Published: 02 June 2022
The Zimbabwe National Chamber of Commerce (ZNCC) has castigated the emergence of a black market for some basic commodities in the city of Masvingo saying it's adversely affecting operations of superma...
By Staff reporter | Published: 02 June 2022
Informal traders in the City of Mutare have raised mixed feelings over the establishment of a produce market in the sprawling suburb of Dangamvura.The Mutare City Council in partnership with Care and ...
By Staff reporter | Published: 02 June 2022
The city of Harare should work to improve its bad ranking in the liveable index to attain world class city status, Harare Residence Trust director Precious Shumba has said.Harare City Council has been...
By Staff reporter | Published: 02 June 2022
President Emmerson Mnangagwa has appointed Ambassador Tayerera Faranisi as the new permanent secretary in the Ministry of Environment, Climate, Tourism and Hospitality Industry with effect from August...
By Staff reporter | Published: 02 June 2022
The local currency appreciated for the first time against the US dollar after it firmed a marginal 0.094% to 83.3209 from 83.3994. This followed a drop in both the highest and lowest bids to 87.5 and ...
By Staff reporter | Published: 01 September 2020
Pursuant to the proposal to transfer the ZSE Secondary Listing of Seed Co International Limited from the ZSE to the soon to be established VFEX, a proposal to merge the Zimbabwean operations, held und...
By Staff reporter | Published: 01 September 2020
Industry is yet to gather data on how much sales are being generated in foreign currency although there is an increase in the use of domestic nostro accounts to settle transactions as RTGS liquidity b...
By Staff reporter | Published: 01 September 2020
Zimbabwe's annual inflation rose in March to 676.39% with expectations that it might touch the 1000% level within two months as supply chain disruptions and shortages are expected to lead to prolonged...
By Staff reporter | Published: 14 April 2020
PRESIDENT Emmerson Mnangagwa has gazetted Statutory Instrument 85/20, which will allow citizens and businesses to charge goods and services using the United States (US) dollar as part of combating the...
By Staff reporter | Published: 31 March 2020
The stock market fell further on Tuesday as the market breadth turned negative. Foreign participation remained insignificant and local liquidity remained restricted with turnover closing at $17.9m whi...
By Staff reporter | Published: 18 March 2020
Zimbabwe has suspended the transfer of local shares in dual-listed companies to foreign bourses, one of the main ways citizens and businesses have been able to obtain dollars as inflation wipes out th...
By Reuters | Published: 17 March 2020
Zimstat has resumed the publication of annual inflation data following the lapsing of a twelve-month suspension. The year on year inflation measured by all items CPI came in at 540.16% from 59.39% of ...
By Staff reporter | Published: 16 March 2020
Finance and Economic Development Minister Mthuli Ncube has suspended fungibility on dual listed shares for a period of twelve months as part if efforts to stabilise the exchange rate. This comes as go...
By Staff reporter | Published: 15 March 2020
Concern over Masvingo black market 
Kenya declares three days of mourning for Mugabe 
UK's Boris Johnson quits over Brexit stretegy 
SecZim licences VFEX 
Zimbabwe abandons debt relief initiative 
European Investment Bank warms up to Zimbabwe 
Young Investment Professional (YIP) Graduate Programme 2019 
Young Investment Professional (YIP) Graduate Programme 2019
