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12 months ago | May 12, 2023

Zim sitting on 5,5bn barrels of oil .l as new investor seeks to ...

Business Writer INVICTUS Energy, the Australian company searching for oil and gas in the north of Zimbabwe, has declared ...

WestProp loses land case, appeals decision

Business Writer  The High Court has ordered the cancellation of the transfer of a Harare property to a company called ...

VFEX a capable conduit of debt financing

Tapiwanashe Mangwiro Debt financing has been mulled as a conduit to fund national development and analysts and ...

Call for region to leverage on minerals value addition

Enacy Mapakame The Energy Capital and Power(ECP) says the region, Zimbabwe included has an opportunity to leverage value ...

Key economic sectors drive growths: zimstats

Michael Tome Business Writer ZIMBABWE’s gross domestic product (GDP) is estimated to have grown at an annual rate of ...

12 months ago | May 5, 2023

Zim turns to BRICS bank for funding

Business Writer Zimbabwe intends to join the New Development Bank (NDB), the multilateral bank set up by the vibrant ...

RBZ ‘scraps’ surrender on selected USD sales

Business Writers Local firms with significant US dollar borrowings have been handed some timely relief after the central ...

Ready up for LIBOR end, RBZ tells banks

Business Writer The Reserve Bank of Zimbabwe (RBZ) has directed banks to start engaging their clients in preparation for ...

1 year ago | April 28, 2023

RBZ adamant inflation taking downtrend path

Golden Sibanda The Reserve Bank of Zimbabwe (RBZ) is adamant the inflation outlook remains positive after the annual ...

Economic instability persists as Zimdollar loses ground

Nelson Gahadza Government measures that had stabilised the economy in recent past months have failed to sustain as ...

Mthuli threatens fresh interest rate hike . . . as currency ...

Michael Tome Business Writer FINANCE and Economic Development Minister Professor Mthuli Ncube has threatened a fresh ...

‘Blended inflation blurring actual Zim dollar inflation’

Business Writer THE blended inflation gauging model, which the Zimbabwe National Statistics Agency (ZimStat) now uses to ...

Telecoms pour $28bn into capex

Michael Tome Business Writer The telecommunications sector’s capital expenditure increased to $28, 3 billion in 2022, a ...

Pension funds’ solvency risk remains high

Nelson Gahadza The country’s pensions industry overall risk rating is considered to be at a medium risk level despite ...

1 year ago | April 21, 2023

‘Probe RBZ’s role in Gold Mafia exposé’

Business Writers LEGAL think tank, Veritas Zimbabwe, has called for a full investigation into the operations of the ...

Business expect better prospects in 2023

Business Writer Economic players are expecting the business situation in the country to improve in the first six months ...

1 year ago | April 14, 2023

Zim to go under IMF SMP after general elections

Business Writer Zimbabwe is preparing for an International Monetary Fund (IMF) Staff Monitored Programme (SMP) which ...

Govt outlaws greenhouse gas imports

Golden Sibanda The Government of Zimbabwe has enacted legislation outlawing the importation of substances and machinery ...

1 year ago | April 7, 2023

Business dumps overpriced ZWL loans

Business Writer Listed entities that are reporting financials for the full year to December 31, 2022, have confirmed the ...

High optimism as debt clearance dialogue progresses

Business Writer  Zimbabwe moved closer to resolving its debt clearance last week after hosting the third debt and ...