Local

2 weeks ago | April 19, 2024

Fitch projects 3pc growth, lower than Treasury, AfDB and World Bank

Tapiwanashe Mangwiro Fitch Solutions paints a sobering picture of Zimbabwe’s economic landscape, emphasising its ...

Firms call for supportive framework to ensure new currency’s success

Nelson Gahadza Some companies say the success of recent monetary measures by the Central Bank will be dependent on ...

2 weeks ago | April 16, 2024

Crackdown on smuggled clothes to boost local industry as Zim ...

Business Writer As part of efforts to meet African Continental Free Trade Area (AfCFTA) regulations, the government will ...

ZSE bridges knowledge gap: New programme prepares companies for ...

Francis Gakanje The Zimbabwe Stock Exchange (ZSE) has embarked on a prospective issuer training programme aimed at ...

Zimbabwe Stock Exchange lukewarm on ZiG currency debut

Business Writer The Zimbabwe Stock Exchange (ZSE) witnessed subdued activity last week to Friday 12 of March following ...

Willing buyer will seller forex market to dissipate parallel ...

Business Writer The Reserve Bank of Zimbabwe (RBZ) governor, Dr John Mushayavanhu, in his latest Monetary Policy ...

2 weeks ago | April 15, 2024

Zimbabwe eyes debt relief at IMF spring meetings

Francis Gakanje Zimbabwe will seek to engage its creditors during the upcoming International Monetary Fund (IMF) spring ...

Dilapidated railways system takes toll on country’s exports

Martin Kadzere Zimbabwe’s mineral wealth is locked away by a crumbling national railway system that is severely ...

RBZ cuts policy rate by 1333 bps, targets 2-5 pc USD inflation annually

Business Writer Zimbabwe has announced a 1333 basis point cut in the key policy rate to 130 percent down from 150 ...

Global diamond dealers court MMCZ over diamonds

Business Writer International diamond buyers are reportedly making inquiries to purchase diamonds from Zimbabwe ...

3 weeks ago | April 12, 2024

Potraz sets new ZiG tariffs

Business Writer The Postal and Telecommunications Regulatory Authority of Zimbabwe (Potraz) has set new tariffs for the ...

Why ZiG cannot immediately replace USD transactions

Nelson Gahadza Treasury has said the newly introduced structured currency, Zimbabwe Gold (ZiG), will not immediately be ...

Mthuli to announce measures to bolster ZiG

Business Writer Treasury has assured the public that it will soon announce additional measures to support the country’s ...

RBZ warns banks against pairing clients for forex

Golden Sibanda THE Reserve Bank of Zimbabwe (RBZ) has directed banks to furnish it with the pipeline of foreign currency ...

MPS prioritises financial inclusion for marginalised groups

Enacy Mapakame The civil society has applauded the 2024 Monetary Policy Statement (MPS) for paying special attention to ...

Frozen auction, retention funds an industry achillies heel

Tapiwanashe Mangwiro Industry might see some smaller companies folding or downsizing due to frozen auction funds on the ...

RBZ hikes forex reserve requirement, raising growth concerns

Tapiwanashe Mangwiro The Reserve Bank of Zimbabwe has raised the statutory reserve requirement for foreign currency ...

3 weeks ago | April 11, 2024

Zimbabwe’s telecoms industry struggles to stay connected

Business Writer Zimbabwe’s telecommunications industry, once a beacon of progress in the region, finds itself ...

Foreign banks reach out to MMCZ

Business Writer Foreign and local banks are looking to renew ties with the Minerals Marketing Corporation of Zimbabwe ...

Pitch Your Big Idea: Falling Walls Lab Zimbabwe calls for 2024 entries

Business Writer Falling Walls Lab Zimbabwe is calling for applications from innovative thinkers and problem solvers for ...