Sharon Chikwanha
The Reserve Bank of Zimbabwe has introduced a new $50 note which goes into circulation tomorrow, Governor John Mangudya has announced.
In a statement, Governor Mangudya said the RBZ will release $360 million through normal banking channels while banks...
Chris Chenga
The following are pondering notes on what risks and considerations should guide the continued easing in of a local currency
HARARE – (FinX) – The glue to credit based capitalism is confidence. In a global financial system of fiat currencies,...
HARARE - (Finx) - Packaging manufacturer, Nampak Zimbabwe says settlement of electricity bills in foreign currency is milking the industry as it does not match the exporting levels.
Last month, Zimbabwe officially gazetted a directive which requires exporting companies to...
Staff Writer
Zimbabwean businessman, Adam Molai, has launched a US$1 million fund targeting start-up businesses across Africa with the JUA Kickstarter Fund expected to provide successful applicants with money to launch or grow their...
Vera Songwe
Not since our species first emerged out of Africa have we been so linked as one human family, sharing so many common opportunities and threats.
So, when world leaders meet virtually as the G20 today to plan humanity’s global...
By Takudzwa Musakasa
The Confederation of Retailers in Zimbabwe {CRZ} has warned the continued arrest of retailers on charges of abusing the foreign exchange system could lead to product shortages on the market and create a black market for basic...
Almot Maqolo
HARARE – The Grain Millers Association of Zimbabwe (GMAZ) says it is owed more than $120m by government for roller meal subsidy refunds dating back from last December.
This, the association says, was affecting constant supply of roller meal.
In...
Sydney Kawadza
Zimbabwe could yet again suffer from self-inflicted challenges that would see the Southern African country fail to capitalize on the African Continental Free Trade Area currently being implemented across Africa.
The key challenges threatening Zimbabwe’s full participation in the...
HARARE - The quickest way to promote ZWL is for the government to start accepting ZWL for stat obligations. Mining companies need not be burdened by paying taxes, electricity in forex when 40% is surrendered to the RBZ.
Tambarara in...
By Terrence Kurira
HARARE - Zimbabwe's diaspora remittances experienced a 6% rise in the first two months of the year, reaching US$352,141,671, up from US$329,571,954 in the same period last year.
This growth is a timely boost to Zimbabwe's economy, according...
