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
Milk production increased 4.84% in July to 6.5 million litres which is two thirds of the country's monthly requirements of 10 million litres. According to the latest Zimbabwe Dairy Services stati...
By Staff reporter | Published: 01 September 2020
The equities market closed near flat on Thursday after gains in select heavyweight stocks restricted the losses on the benchmark index to just 0.08%.Trading in the heavyweight was not impressive with ...
By Staff reporter | Published: 19 March 2020
Government has dangled a carrot to potential investors in the renewable energy sector by giving tax breaks as well as awarding national project status for such ventures.This is contained in the new en...
By Staff reporter | Published: 19 March 2020
The stock market fell on Wednesday but at a much slower pace as investors have adopted a somewhat wait and see approach until the dust settles on the ongoing currency reforms that Treasury and the Res...
By Staff reporter | Published: 18 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
Bureaux De Changes will be required to trade only through an online retail foreign currency platform with the trades being fed in real-time to a central monitoring server, according to new rules which...
By Staff reporter | Published: 17 March 2020
Government has gazetted a statutory instrument which directs that all classes of deposits in the banking system, should be indexed to treasury bill yields as part of efforts to promote fair compensati...
By Staff reporter | Published: 13 March 2020
Prospect Resources says a Zimbabwe Revenue Authority (ZIMRA) clearance certificate is the only remaining consent required to complete the transaction of increasing its stake in Arcadia Lithium Project...
By Staff reporter | Published: 17 October 2019
GRANITE producers are making frantic efforts to avoid a ban on exports to save their operations and jobs in the sector, businessdigest has learnt.President Emmerson Mnangagwa has tasked Industry minis...
By Staff reporter | Published: 11 October 2019
Foreign Affairs ministry secretary James Manzou has told Parliament that Zimbabwe is geared to take advantage of the opportunities to be brought about by the African Continental Free Trade Area (AfCFT...
By Staff reporter | Published: 10 October 2019
THE United Nations (UN) is facing its "worst cash crisis" in nearly a decade following the non-payment of US$1,38 billion in membership contributions.As of Tuesday, only 129 out of 193 UN member State...
By Staff reporter | Published: 10 October 2019
Finance Minister, Mthuli Ncube, this week revealed that there would be no rescue package for the City of Kwekwe to avert a water crisis in the short term due to serious complexities.But the failure to...
By Staff reporter | Published: 05 October 2019
Zimbabwe's real estate firms are battling for survival as they continue to be weighed down by soaring inflation and rising voids, industry players have indicated.They say persistently high inflation, ...
By Staff reporter | Published: 05 October 2019
Bureaux de Change are not allowed to transact with corporates or enter into twining arrangements with customers to prefund foreign currency purchases, according to a directive from the Reserve Bank of...
By Staff reporter | Published: 05 October 2019
Zimbabwe's raw milk production in the first 8 months to August rose 10% to 52.51 million litres from 47.84 million litres recorded in the same period last year. However, the output is still 56% below ...
By Staff reporter | Published: 02 October 2019
Silo Foods Industries is now buying maize and small grain from farmers at RTGS$4 000 per tonne, representing a 90.47% increase from RTGS$2 100 being offered by its parent Grain Marketing Board (GMB).&...
By Staff reporter | Published: 02 October 2019
Zimbabwe's poverty datum line has increased by a further 13 percent for the month of August to more than 1 800 dollars resulting in continued deteriorating purchasing power for the majority.The povert...
By Staff reporter | Published: 01 October 2019
Diversified Industrial conglomerate, Innscor Africa Limited defied the challenging economic environment and reported a surge in profitability for the year to June 30, 2019, on good product mix and vol...
By Staff reporter | Published: 30 September 2019
CALEDONIA Mining Corporation has bemoaned the rampant increase of illegal mining activities on properties controlled by its gold mining company, Blanket Mine in Gwanda.Blanket Mine has exploration tit...
By Staff reporter | Published: 30 September 2019
State-run Zimbabwe Electricity Supply Authority (ZESA) senior officials are expected to meet with executives from Namibia's electricity company NamPower and finalise some on-going negotiations for the...
By Staff reporter | Published: 30 September 2019
After concluding an agreement with ZETDC last month to ensure continuous power supply to the factory, Starafrica Corporation intends to recover 10% of production lost by accelerating export sales in t...
By Staff reporter | Published: 28 September 2019
RETAILERS, who stand accused of profiteering, have attributed the relentless price increases to currency instability and the rising cost of doing business. In an interview, Confederation of Zimbabwe R...
By Staff reporter | Published: 27 September 2019
The government has tightened its monitoring mechanisms on subsidised bread-making flour to millers and bakers to avoid unjustified bread price increases.This comes after several reports of some "baker...
By Staff reporter | Published: 27 September 2019
COKE making firm, ZimCoke Private Limited, says it is geared to commence production once it completes renovations on its ovens. ZimCoke took over coke ovens within the defunct steel giant Zisco ...
By Staff reporter | Published: 27 September 2019
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
