BUSINESS NEWS

Mthuli Ncube to pull a few tricks to stabilise the exchange rate

The government will pull a few tricks up its sleeves soon to stabilise the exchange rate as part of a broader task of creating a viable environment for business, Business Times reported.A team of Pres...

By Staff reporter | Published: 18 October 2019
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INDUSTRIALS & ENERGY

Currency reforms expected to stabilise fuel sector

THE re-introduction of the Zimbabwean dollar is expected to bring stability to the fuel sector as Government tightens fiscal and monetary policies to ease pressure on foreign currency demand, National...

By Staff reporter | Published: 09 July 2019
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BUSINESS NEWS

'Black market rates to fall in medium-term'

Local research firm IH Securities sees parallel market rates falling in the medium term, as government implements fiscal discipline and moderating consumer demand.Since the presentation of the 2019 Na...

By Staff reporter | Published: 28 November 2018
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BUSINESS NEWS

Actuaries can stabilise Zim's financial sector

An increased number of actuarial professions practicing in the country can help stabilise the financial sector, the Insurance and Pensions Commission acting Commissioner Blessmore Kazengura has said.S...

By Staff reporter | Published: 15 June 2018
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ZIMBABWE

Trade deficit destabilises economy

THE widening trade deficit which reached almost US$1 billion in the first four months of 2018 continues to wreak havoc on the deepening economic crisis despite government's repeated claim that the cou...

By Staff reporter | Published: 08 June 2018
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BUSINESS NEWS

New dispensation stabilises prices, claims Bimha

INDUSTRY, Commerce and Enterprise Development Minister, Dr Mike Bimha, says basic commodity prices have significantly stabilised under the new political dispensation and further reductions are expecte...

By Staff reporter | Published: 24 April 2018
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FINANCIAL SERVICES

Excessive borrowing destabilises banking sector

Government excessive borrowing on the local banking sector is weakening the overall financial services market, with continued issuance of Treasury Bonds and overdrafts at the Central Bank escalating t...

By Staff reporter | Published: 09 February 2018
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BUSINESS NEWS

Prices of basic commodities stabilise

The current drop in basic commodity prices was influenced by a marginal decrease of fuel prices but more has to be done to address the deep-seated currency problems in the country, sector representati...

By Staff reporter | Published: 04 February 2018
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BUSINESS NEWS

$600m to stabilise market this week

Finance and Economic Development Minister Patrick Chinamasa has said the projected strong economic growth this year has increased the demand for foreign currency in the country.Speaking at the handove...

By Staff reporter | Published: 25 September 2017
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