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2 days ago | April 19, 2024
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 ...
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 ...
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 ...
6 days ago | April 15, 2024
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 ...
1 week ago | April 12, 2024
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 ...
2 weeks ago | April 5, 2024
Mushayavanhu delivers inaugural MPS
Business Writer All eyes are on Reserve Bank of Zimbabwe Governor Dr John Mushayavanhu, who today is expected to deliver ...
CBZ eyes key milestone in ZB merger
Golden Sibanda CBZ Holdings is confident all regulatory approvals to consummate the merger with fellow banking group, ZB ...
3 weeks ago | March 29, 2024
ED fast-tracks new RBZ chief’s appointment
Business Writer President Mnangagwa has expedited the appointment of Dr John Mushayavanhu as Reserve Bank of Zimbabwe ...
Currency free-fall makes Zim untenable: CZI
Business Writer SUSTAINED depreciation of the Zimbabwe dollar, which sees all economic agents needing to constantly ...
4 weeks ago | March 22, 2024
New mining tax law could unsettle sector
Martin Kadzere A new special capital gains tax has been introduced where the purchaser of a mining title now has to pay ...
Outcry over presumptive tax rates
Oliver Kazunga Economists and informal business owners are raising concerns over potential negative consequences for ...
1 month ago | March 15, 2024
LEFT IN LIMBO . . . Business in wait-and-see mode as MPS stalls
Business Writer For Zimbabwean business executives, January typically brings a renewed sense of direction. The annual ...
Alarm over potential rise in energy costs
Nelson Gahadza Businesses are increasingly getting worried about the potential rise in energy expenses as the country ...
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