HARARE – The stock market rally surged at the start of a holiday shortened week buoyed by strong performances in select heavyweight counters. Turnover also continued in high territory as investors sought value preservation in the wake of renewed...
HARARE – (FinX) Zimbabwe narrowed its trade deficit in the year to October to US$296.42 million from US$743 million in September after improved exports in October boosted by tobacco and nickel values. The country however still needs to do...
Harare-Government Treasury has settled a US$47.8million Sinosure debt in a bid to clear the debts owned by the state owned by Zimbabwe Iron and Steel Firm (ZISCO) in a move to pave the way for new investors
On the 28th...
By Professor Tony Hawkins for the CAA Business School
One statistic tells it all. Forty years ago, the Zimbabwe dollar was worth 150 US cents, but today it is just over 1.5 cents. Successive administrations have tried – and failed...
The Reserve Bank of Zimbabwe says 21 more companies are facing penalties after they were found to be abusing the foreign currency auction system.
This brings the total number of companies outed by the RBZ to 39. Of the 39,...
Staff Writer
HARARE – At least two Reserve Bank of Zimbabwe directors could be on their way out following the expiry of their contracts amid indication authorities were now looking at renewing the staff complement at the bank, particularly at...
TAWANDA MARWIZI
HARARE – Reserve Bank of Zimbabwe says it will introduce new notes which will be used together with the bond notes in the next two weeks. The introduction coincides with the bond notes three year anniversary. ivermectin trial...
Tapiwanashe Mangwiro
HARARE – In the just started 2021/30-decade, fossil fuels (coal, oil, gas) will continue to lose global market share as the world energy supply and demand transition to low carbon renewable energy (wind, solar, geothermal, nuclear etc).
Global energy...
With a wary eye on COVID-19, the International Monetary Fund (IMF) has forecast a more optimistic 5.5% expansion of the global economy this year.
The upward revision in the IMF’s latest World Economic Outlook published Tuesday is 0.3 percentage point...
Farai Mabeza
HARARE - The chief executive officer of African Risk Capacity Limited (ARC Ltd), Lesley Ndlovu, a Zimbabwean, has been selected as one of Time Magazine’s 100 Most Influential Climate Leaders in Business for 2024.
ARC Ltd is a hybrid mutual...
