Titus Mukove
HARARE - Tuesday marked the first gear of the Foreign Currency Auction System by the government which is aimed at bringing stability on prices and exchange rate. As expected, there was a sharp fall in the value the...
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...
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...
Farai Mabeza
Lake Kariba recorded its second lowest levels on record in the first quarter of the year due to the delayed onset of rains while water allocation for power generation will not be increased despite increased levels to...
By Chris Mahove
Two more companies have migrated their de[posit securities from Chengetedzai Depository to the ZSE following its granting of permission by the Securities Exchange Control of Zimbabwe to commence CSD operations at the beginning of the month.
Truworths Limited...
Farai Mabeza
Zimbabwe has received a US$1.8 million drought insurance pay out from African Risk Capacity Insurance Company Limited, a financial affiliate of the African Risk Capacity (ARC).
ARC is a specialized agency of the African Union and an initiative designed...
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...
Exactly 30 days from the date a harried Mthuli Ncube wrote to the International Monetary Fund (IMF) pleading for debt relief and financial assistance to help Zimbabwe`s fight against Covid-19, the finance minister put out a series of tweets...
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 - 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...
