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Victoria Falls Stock Exchange: Zimbabwe`s knight in shining armour?

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...
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Rhodesia’s Daylight Saving Experiment of 1920

Jonathan Waters BRITAIN had introduced daylight saving during World War I ostensibly to save coal. While this has been found to be a fallacious argument given the same number of daylight hours remain regardless, there...
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Buyanga dares Matanga on Interpol as custody battle rages

Tawanda Marwizi Businessman Frank Buyanga Sadiqi has dared the Commissioner General of the Zimbabwe Republic Police to place him on Interpol wanted list saying he had not been convicted of any criminal offence. Buyanga Sadiqi is...

RBZ cuts key rate for the 2nd time to improve stimulus

HARARE (FinX) – The Reserve Bank of Zimbabwe lowered its key policy rate for the second time since the Covid-19 outbreak and the third time since the set-up of the Monetary Policy Committee, to...
Government efforts to curb the rate of infection from the COVID-19 virus are bearing fruit with cases dropping by almost 50 percent

Government to increase coronavirus testing 

Munyaradzi Doma Zimbabwe has resolved to increase its coronavirus testing and Cabinet has resolved to have joint testing teams to immediately conduct tests in all the provinces. This comes after heavy criticism for lack adequate testing...

TIMB sees 15% drop in tobacco volume to 220m kgs; 30% sales decentralised

Farai Mabeza HARARE – Zimbabwe expects that 30 percent of all tobacco sales will be done outside Harare after Government gazetted a statutory instrument authorising the setting up of decentralised tobacco auction sites in the...
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Covid-19: amendment to IFRS 16 Leases

Pat Sweet (Accountancy Daily) – The International Accounting Standards Board (IASB) has announced a snap two-week consultation on proposals to amend IFRS 16 Leases to make it easier for lessees to account for Covid-19-related rent...
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Gospel outfit releases Covid-19 song

Munyaradzi Doma Gospel outfit, Echoes of Praise has released a Covid-19 song whose message is on making people aware of the measures to take so as to avoid contracting the deadly pandemic. The song aptly title...
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Sakunda Holdings in major donation as nation steps up Covid-19 fight

HARARE - Sakunda Holdings has donated US$2.6 million equipment and the Arundel Hospital to Government for use in the fight against COVID-19. This comes as the  number of people contracting the disease is increasing with the latest...

RBZ clamps five more bureau de change on illicit deals

HARARE – The Reserve Bank of Zimbabwe (RBZ) has provided an update on the two bureau de change that were suspended from operations earlier in the month. Cash Twenty Four and Crediconnect were flagged...