Econet voice, data and SMS volumes decline in Q1 2021
HARARE – In its Q1 2021 trading update Econet Wireless Zimbabwe reported that the economic environment is still not ideal for business as fundamentals...
An end to commodity reliance crucial for Africa
Tapiwanashe Mangwiro
HARARE- 2020 economic forecasts were mostly upbeat. Everyone raised the prospect of synchronised growth acceleration after the US-China truce, which temporarily halted the...
RBZ caps ZIPIT transactions to stop illicit forex trades
Farai Mabeza
The Reserve Bank of Zimbabwe’s Financial Intelligence Unit has directed all banks to temporarily review all ZIPIT transaction limits downwards to $20 000...
Small miners reject fixed gold price
Farai Mabeza
HARARE – The Zimbabwe Miners Federation has called for a review of the just announced fixed gold price of US$45 per gram saying...
African Sun sees gloomy H1 due to Covid-19 despite strong Q1
HARARE – Zimbabwe Stock Exchange listed hotelier African Sun posted a positive Q1 in which it had a 2 percentage point occupancy level increase...
Adhere to Covid-19 guidelines when holding an AGM, ZSE tells companies
HARARE – The Zimbabwe Stock Exchange (ZSE) has encouraged listed firms to convene virtual or electronic meetings while at the same time not barring...
Concern as Harare residents ignore social distancing rules
Cynthia Chitombi
Failure to observe social distancing to curtail the spread of the COVID-19 virus has raised serious concern amid calls for government to take...
Money in Zimbabwean History: A Concise Currency Timeline
Speculators, Fiscal Foundations and Economic Reorganization, 1900-1910
Tinashe Nyamunda
The last article examined, in part, the way that the colonial monetary system in early colonial...
High Court dismisses Ecocash attempt to interdict RBZ
Farai Mabeza
The High Court has dismissed with costs Ecocash’s application by Ecocash seeking an interdict against a Reserve Bank of Zimbabwe directive to suspend...
Stock market rally surges on high turnover; TSL directors acquitted again
HARARE – The stock market rally surged at the start of a holiday shortened week buoyed by strong performances in select heavyweight counters. Turnover...
