Zimbabwe's currency has taken relentless buffeting from surreptitious activities of only a few cash barons who are carelessly manipulating exchange rates on the foreign currency market with impunity, ...
Bureaux de Change are not allowed to transact with corporates or enter into twining arrangements with customers to prefund foreign currency purchases, according to a directive from the Reserve Bank of...
Morgan & Co, a securities firm yesterday launched a research app that offers interaction between the capital markets and investors.The Morgan & Co Research App is meant to simplify the investm...
HARD-PRESSED Zimbabweans will have to pay more for their power after Zesa Holdings hiked tariffs by a staggering 583 percent in a move set to trigger further rises in prices of goods and services in t...
Fuel Industry tycoon, Kuda Tagwirei is under pressure from parliament, to account for nearly $2bn in taxpayers funds that were used under the Command Agriculture Programme amid concerns of a veil of s...
Zimbabwean operators have tightened security at their base stations amid rising numbers of cases of theft, vandalism, robberies and assaults on personnel at the sites, 263Chat reported. Mobile network...
AN unnamed local investor has snapped up majority shareholding amounting to 74,73 percent at Bindura Nickel Corporation (BNC) through a sale and purchase agreement. BNC company secretary, Mr Muchadeyi...
THE Reserve Bank of Zimbabwe (RBZ) yesterday returned to the market with a fourth batch of treasury bills (TBs), this time seeking to raise ZWL$300 million to finance Government programmes. The latest...
Zimbabwe Stock Exchange-listed entity Cassava Smartech has once again, in its series of platforms, launched the Vaya tractor services to add to its Eco-farmer portfolio. The service was officially lau...
Stocks recovered by 40 percent in the month of September on the back of firming demand as risk aversion set in on the back of inflationary pressures and run-away exchange rate on the parallel market. ...
THE Zimbabwe Electricity Transmission and Distribution Company (ZETDC) has applied to the Zimbabwe Energy Regulatory Authority (Zera) seeking another adjustment of electricity tariffs, saying the curr...
The ZSE added $8.78 billion in value during September as the local bourse closed the month 40% higher and the third quarter 14% higher. Overall, in nominal terms the month yielded 45 gainers and 3 fal...
The High Court on Wednesday set Friday as the date when it will hear the case in which the Reserve Bank of Zimbabwe (RBZ) ban on mobile money cash-in and cash-out services is being challenged.Cassava ...
President Emmerson Mnangagwa is expected to deliver a keynote address at the Zimbabwe Miners Federation (ZMF) annual general meeting scheduled for November 5 to 6 at the Gweru Convention Centre in G...
Government-owned oil company, Petrotrade declared a $1.56 million dividend at the end of its 2018 financial year after managing to improve its profitability during the period, the company said on Thur...
TRANSPORT and Logistics concern, Unifreight Africa Limited's chairman Peter Annesley says the company is going to limit foreign borrowings to minimise offshore liabilities in light of the exchange rat...
THE Zimbabwe Parks and Wildlife Management Authority (ZimParks) needs about US$30 million annually to effectively run its operations, but the budget might be affected if the United States government's...
A brand new talent search series, Old Mutual Amazing Voices, will be introduced on DStv in January with participants drawn from four countries including Zimbabwe set to compete for a US$100 000 prize ...
GOVERNMENT has called on the private sector to come on board and help increase investment in the energy sector to buttress attainment of an upper middle-income economy by 2030, which will require abou...
The tough talk by Energy and Power Development Minister Fortune Chasi to appoint a new Zimbabwe Electricity Supply Authority (ZESA) board is a noble idea because the country has been battling acute el...
Local Industries claim they are yet to realise the benefits of the recently introduced interbank foreign currency market, as they continue to struggle accessing hard currency. The interbank market was...
THE Zimbabwe Electricity Distribution Company (ZETDC)'s customers will from today be able to buy electricity tokens. This follows a short interruption of the system by the power utility for scheduled ...
THE monetary system the world over, including in Zimbabwe, over has undergone a sea of change in the past century. From barter trade, a world without money, there have been many other means of exchang...
INSURER, Zimnat, says it has received exchange control permission to invest policyholder's funds contributed in foreign currency in offshore financial markets. The exchange control approval relates to...
The Reserve Bank of Zimbabwe (RBZ) has today brought back the on cash-in, cash-out and cash-back facilities attached with stringent rules.In a statement, the RBZ advised payment system providers...