Local

3 months ago | January 24, 2024

RBZ allots US$16 million in December 2023

Tapiwanashe Mangwiro The Reserve Bank of Zimbabwe allotted US$16.1 million in December 2023 as it continued to support ...

3 months ago | January 23, 2024

Call to protect small businesses intensifies

Tapiwanashe Mangwiro Analysts have urged policymakers and stakeholders to prioritise the protection and support of SMEs ...

Cottco suffers huge losses as cotton is exposed to rain

Business Writer Cottco, the country’s largest cotton financier is facing a major loss after significant amounts of raw ...

3 months ago | January 22, 2024

Zim secures 76th rank on Henley Passport Index

Business Writer Zimbabwe has climbed three places on Henley Passport Index 2024 to 76th rank from 79 last year though ...

SADC urged to cooperation in infrastructure development

A good road network is a major artery that facilitates trade  Harare, 18 January 2024 (New Ziana) -Southern African ...

3 months ago | January 19, 2024

CBD properties less attractive, shunned by tenants

Enacy Mapakame Market watchers have guided the central business district (CBD) office space to remain under pressure ...

Pensions industry forex asset holdings improving

Nelson Gahadza The pensions industry continues to increase foreign currency-denominated assets as a measure to mitigate ...

Zim to service US$338m RBZ debt this year

Martin Kadzere Zimbabwe has established a debt redemption fund to facilitate the servicing of the US$338 million owed by ...

FMI, VFEX partner for Cape Town Conference

Enacy Mapakame The Financial Markets Indaba (FMI), in collaboration with the Victoria Falls Stock Exchange (VFEX), will ...

3 months ago | January 18, 2024

Econet commits to network modernisation initiatives

Business Writer Econet Wireless Zimbabwe says it remains committed to completing current network modernisation ...

3 months ago | January 17, 2024

Swedish firm partners with a local company, Nyembesi, in energy ...

Nelson Gahadza Sustainable Energy Solutions Sweden Holding AB (SENS) has partnered with a Zimbabwean company, Nyembesi ...

3 months ago | January 16, 2024

Local currency shortages and USD demand stifle stock markets

Tapiwanashe Mangwiro The local market is facing liquidity challenges which have resulted in lower buying momentum as ...

Industry Policy to drive firms resuscitation

Business Writer ZIMBABWE National Industrial Development Policy (ZNIP) will focus on resuscitation of ailing industries ...

Caledonia to spend US$34 million on capital expenditure

Enacy Mapakame The Victoria Falls Stock Exchange (VFEX) listed resources group, Caledonia Mining Corporation Plc, has ...

3 months ago | January 15, 2024

Firms increase power investments for own use

Business Writer There has been an increased investment in renewable energy by independent power producers (IPPs) in ...

4 months ago | January 12, 2024

Exchange rate, informalisation concern business

Michael Tome Business Writer PARALLEL and official market exchange rates convergence should be at the core of the ...

Innovative strategies key for companies to raise capital

Nelson Gahadza Traditional methods of raising capital have their place, but in today’s dynamic landscape, companies need ...

4 months ago | January 11, 2024

Zim capital markets outperforms regional peers

Business Writer The Zimbabwe capital markets outperformed regional peers during the 11 months to November 2023, ...

“Changes in Tongaat Hulett Botswana will not affect our ...

Tapiwanashe Mangwiro StarAfrica Corporation Limited says ‘do not see the changes’ in Tongaat Hulett Botswana (THB) ...

CCZ decries exclusive USD payment demands by supermarkets

The Consumer Council of Zimbabwe (CCZ) has expressed concern over a tendency by some supermarkets of selling some ...