RBZ injects more US dollars into foreign currency market
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...
Govt to launch multi-million dollar loan fund to formalise ASM sector
Itai Ndongwe/Pride Mzarabani
The Zimbabwean government is launching a critical push to revitalise its small-scale gold mining sector, with a $10 million investment aimed at...
Unilever seeks local distributor for products
HARARE (FinX) - British multinational Unilever says it is reviewing its route to market model in Zimbabwe by using a local partner to distribute...
Nestle to sell iconic Cremora brand, Harare ops to cease production
HARARE (FinX) - Nestlé East & Southern Africa Region (ESAR) has announced its decision to divest its NESTLÉ CREMORA business, a creamer brand that has been...
SECZim Issues New Directive for Enhanced Financial Disclosures
HARARE (FinX) – In a significant move to bolster transparency and accountability within the financial sector, the Securities & Exchange Commission of Zimbabwe (SECZim)...
First Capital Bank closes Harare St branch
Talkmore Gandiwa
HARARE - First Capital Bank has announced the closure of its Harare Street branch effective September 21, 2024.
This will be the second First...
RBZ tightens forex trade in new exchange control guidelines
Pride Mzarabani
HARARE - The Reserve Bank of Zimbabwe has issued Exchange Control Circular No. 3 of 2024 which seeks to tighten controls on foreign...
US Launches the Fifth Academy for Women Entrepreneurs
By Talkmore Gandiwa
The United States Embassy in Zimbabwe officially launched its 2024 Academy for Women Entrepreneurs (AWE), a program designed to support women in...
Nampak Zim in mixed revenue and volume performance in QJune
Pride Mzarabani
HARARE – Nampak Zimbabwe has released its trading update for the third quarter and nine months ended June 2024, revealing a complex landscape...
Aussie firm relinquishes Zim lithium projects
HARARE - MetalsGrove Mining Ltd has opted to relinquish its lithium projects in Zimbabwe after disappointing exploration results and weak market conditions.
MetalsGrove Mining is...
Tigere REIT Set to Enhance Value with Acquisition of Highland Park...
HARARE (FinX) – The Tigere Real Estate Investment Trust (REIT) has announced a strategic move to acquire Highland Park Phase 2, a premier shopping...
ERC Urges Mnangagwa to Adhere to Constitutional Term Limits
Harare- The Election Resource Centre Africa (ERC) has called on Zimbabwean President Emmerson Mnangagwa to adhere to the constitutional term limits and complete his...
Global Day of Rage and Solidarity with Palestinian Prisoners and Gaza...
By Staff Reporter
August 3, 2014, has been declared a Global Day of Rage and Solidarity in response to the ongoing humanitarian crisis and alleged...
Invictus secures funds for Mukuyu project
HARARE - Invictus Energy has successfully completed a US$10 million strategic placement to fund the development of the Cabora Bassa Project in Zimbabwe, with...
Zim eyes new blueberry markets as it targets 45% rise in...
Talkmore Gandiwa
Zimbabwe is eyeing Europe and Middle Eastern countries as new markets for its blueberries, following a projected 45% increase in exports for 2024.
The...
Zimplats sees marginal movement in mining volumes in QJune
Itai Ndongwe
Zimplats' mining volumes increased by 2% year on year, owing to pillar reclamation works at Rukodzi Mine and the continuous ramp-up of production...
Bindura still undergoing examination of operations and financial status
Pride Mzarabani
HARARE - Bindura Nickel Corporation (BNC) administrators are set to conduct a thorough examination of the company's financial status and operational performance.
In the...
SADC industrialisation being hampered by lack of long term funding: FinMin
Talkmore Gandiwa
HARARE - The Southern African Development Community (SADC) is facing significant challenges in securing long-term financing to drive economic development.
Finance, Economic Development and...
ZIMRA AUCTIONS THABO BESTER’S CAR
The Zimbabwe Revenue Authority, has put Thabo Bester's get away car on auction
The R1.7 million black Mercedes-Benz S63 AMG, is on the list of...
Zimbabwe Activists Fear State Surveillance Ahead of SADC Summit
Harare- Political Activist Patience Mauluka, now lives in fear as she suspects that there are members of the Central Intelligence System that have been...
