Munyaradzi Doma
ZB Bank is seeking to partner the Harare City Council in a massive water infrastructure renewal project aimed at reducing non-revenue water and to improve revenue inflows.
It is reported that the deal, whose figures have not yet been...
HARARE - The gold coin that will be on sale to the public from July 25, 2022 will have prescribed asset status and institutional investors can use it to meet regulatory requirements for prescribed asset investments.
According to a statement...
Talkmore Gandiwa
Metropolitan Bank of Zimbabwe's suspension from trading in foreign currency has been lifted by the Reserve Bank of Zimbabwe.
The bank's foreign currency dealership licence was suspended two months ago for breaching Exchange Control regulations relating to trading in...
Terrence Kurira
The Reserve Bank of Zimbabwe (RBZ) has injected a total of US$64 million into the interbank foreign exchange market to address pipeline demand and maintain the stability of the ZiG.
The RBZ's intervention comes in response to a surge...
Farai Mabeza
KARIBA Dam needs three years to reach its maximum retention levels at current average annual inflows of 40 billion cubic meters, Zambezi River Authority chief executive Engineer Munyaradzi Munodawafa has said.
Addressing the media in Lusaka Friday morning, Munodawafa...
Ryan Chigoche
HARARE (FinX) - The Zimbabwe Revenue Authority has limited spending by consumers in wholesalers to US$1000 per 30 days as part of its measures to protect value chain integrity and unfair competition by informal traders.
This is in accordance...
Staff Writer
African countries continue to trade more with the outside world than among themselves, findings of an Economic Commission for Africa (ECA) assessment report on progress made on regional integration in the context of the COVID-19 pandemic have revealed.
The...
HARARE - Treasury has lowered the charge on cash withdrawals on amounts above US$1 000 to 1% following pressure from legislators.
In May President Mnangagwa announced a raft of measures that were meant to defend the ailing local currency (ZWL)...
Xolisani Ncube
Government has postponed the re-opening of schools which was set for July 28 due to a rise in covid-19 cases.
The move comes as authorities have also indicated that a tighter lockdown was being introduced to fight the respiratory...
Early State-making and the historical foundations of Zimbabwe’s colonial monetary system: 1890-1900
Tinashe Nyamunda
What is money in Zimbabwe? Given the contentious and dynamic experiences in Zimbabwe’s recent history, there is no easy answer to this question. But a glimpse into...
