Business News

2 days ago | April 24, 2024

Africa’s ultra-rich are fleeing continent as economic woes bite

moneyweb.co.za By Adelaide Changole, Bloomberg The number of millionaires living in Africa dropped by nearly 20 000 in ...

3 days ago | April 23, 2024

Ecocash Holdings shareholders approve restructuring deal

Business Writer EcoCash Holdings shareholders have approved a plan for some of the company’s units to rejoin ...

4 days ago | April 22, 2024

Victoria Falls Hotels see boost in easter occupancy, tourism ...

Business Writer The Hospitality Association of Zimbabwe (HAZ) has confirmed that Victoria Falls hotels reached a 58 ...

Zimbabwe seeks bridge loan to address debt burden

Business Writer Zimbabwe is currently in negotiations with financial institutions to secure a bridge loan of up to US$2 ...

Masimba receives adverse opinion from external auditor

Business Writer Construction firm, Masimba Holdings, has received an adverse opinion from its external auditor, Grant ...

IMF SDRs not abused -RBZ Governor

Reserve Bank of Zimbabwe (RBZ) governor, Dr John Mushayavanhu, says on Wednesday part of the US950 million Special ...

6 days ago | April 20, 2024

Local businessman Taruberekera participates at global AI and ...

Walter Nyamukondiwa  Craft Properties Holdings founder, Professor Kudakwashe Taruberekera, is participating at the ...

7 days ago | April 19, 2024

Zimbabwe mobile profits fall, putting network quality at risk

Business Writer Mobile network operators in Zimbabwe saw a decline in profits in 2023, which together with power outages ...

RBZ sharpens tools to monitor, evaluate policies

Martin Kadzere This week, the Reserve Bank of Zimbabwe (RBZ) announced a new initiative to improve the monitoring and ...

Engineering sector laments tough operating environment

Enacy Mapakame The Engineering, Iron and Steel (EIS) sector has bemoaned the tough operating environment which has seen ...

Making ZiG fully convertible could lead to dollarisation

Business Writer Reserve Bank of Zimbabwe (RBZ) Governor Dr John Mushayavanhu says making ZiG fully convertible for all ...

Will Zimbabwe Gold work or not? Unpacking why the new currency ...

Professor Gift Mugano Honourable Ambassador Christopher Mutsvangwa held a press conference (recently) and as usual he ...

No printing press needed to fund exporter forex surrenders

Business Writer The Reserve Bank of Zimbabwe (RBZ) has taken steps to alleviate anxieties surrounding the potential need ...

Do not let us down Dr Governor!

Walter Mandeya Exactly 20 years ago I left the bank I worked for after a whirlwind episode as a senior risk manager just ...

Stanbic embarks on financial fitness workshops for SMEs

Business Writer One of Zimbabwe’s leading financial service providers, Stanbic Bank, has established a financial fitness ...

Hard landing for ZiG, in wholesale, key supply

Golden Sibanda Zimbabwe Gold (ZiG), the country’s new currency and part of authorities’ coterie of interventions to ...

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 ...

Call to legislate CSR as resource based firms neglect communities

Michael Tome LOCAL mining entities have been implored to be corporate social accountable owing to the increasing neglect ...

Innbucks takes market by storm, to introduce more products

Michael Tome INNBUCKS Microbank Limited has hinted at introducing a pack of innovations including nano loans and ...

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 ...