Mthuli Ncube to pull a few tricks to stabilise the exchange rate

The government will pull a few tricks up its sleeves soon to stabilise the exchange rate as part of a broader task of creating a viable environment for business, Business Times reported.A team of Pres...

By Staff reporter | Published: 18 October 2019


Simbisa suffers exchange rate loss

LISTED fast food retail giant, Simbisa Brands Limited suffered a net foreign exchange loss of $2,7 million during the year ended June 2019, arising from revaluation of foreign denominated assets and l...

By Staff reporter | Published: 10 October 2019


Mthuli Ncube speaks on approximate exchange rate

THE appropriate exchange rate between the Zimbabwe dollar and the United States dollar should hover around US$1: ZWL$5,6 based on "founded quantitative estimates", Finance and Economic Development Min...

By Staff reporter | Published: 24 September 2019


Exchange rate policy consistency remains elusive for Zimbabwe

The issue of the exchange rate has progressively become the focal point of local economic discourse as uncertainty continues to grip the country's future. Following the accelerated depreciation in the...

By Staff reporter | Published: 23 September 2019


Exchange rate upward pressure on

Exchange rate upward pressure onTHERE were signs this week that the grey market was slowly returning from its brief sabbatical following the monetary policy dawn raid of June 24 that called out the mu...

By Brett Chulu | Published: 12 July 2019


Exchange control is the central problem facing Zimbabwe at present

BY introducing exchange control via the Reserve Bank, the State has done the following:     Created a system to ‘sweep’ some US$3 billion in direct foreign earnings into the no...

By Eddie Cross | Published: 19 December 2018


GetBucks shares exchange hands

THE Zimbabwe Stock Exchange (ZSE) recorded a block trade in microfinance institution GetBucks shares during Monday's trading session, with about $266,4 million shares exchanging hands.Traded at $0,033...

By Staff reporter | Published: 23 July 2018


Cash dealers slash exchange rate

CASH dealers are selling bond notes at a premium rate of 22% to buyers using EcoCash in the high-density Harare suburb of Mbare, which is the lowest rate on offer thus far.In a snap survey conducted b...

By Staff reporter | Published: 23 July 2018


Zim needs alternative securities exchange

The Zimbabwe Emerging Enterprise Market (ZEEM) listing requirements and rules, which once approved, will allow small and medium enterprises (SMEs) to list on a secondary bourse, have been with the Att...

By Panashe Sachikonye | Published: 07 June 2018


Zim to compel mining firms to list on local exchange

Zimbabwe wants mining companies operating in the country to list the majority of their shares on the local exchange, stirring uncertainty among investors as the nation with the world's biggest platinu...

By Bloomberg | Published: 05 April 2018


Zim cryptocurrency exchange makes waves

Zimbabwe's only cryptocurrency exchange, Golix, has reached a massive milestone after it cleared over 2 000 customer support tickets in less than weeks. The company, which is known for allowing Zimbab...

By Staff reporter | Published: 14 February 2018


Industry calls for commodity exchange

Zimbabwe's business community has advised the government to resuscitate the country's commodity exchange in a bid to boost agricultural production.The country previously had a thriving commodity excha...

By Staff reporter | Published: 24 January 2018


Exchange control a Zimbabwean cancer

In all the years that I worked as an economist in what was then Southern Rhodesia and subsequently in the Republic of Zimbabwe, I argued in any circles that would hear me, that exchange control was a ...

By Eddie Cross | Published: 08 September 2017


Productivity key to foreign exchange earnings

Lack of production by local firms is hindering the ability of the country to increase foreign exchange inflows to sustain productive sectors.The government has adopted a number of policies aimed at re...

By Staff reporter | Published: 13 July 2017


Stock exchange to set up SMEs fund

The Zimbabwe Stock Exchange is mulling establishing a revolving facility that will be used by small to medium enterprises wishing to undertake a primary listing on the impending SMEs bourse.Chief exec...

By Golden Sibanda and Tinashe Makichi I The Herald | Published: 29 July 2014


Stanbic is the Best Foreign Exchange Provider in Africa

Stanbic Bank's parent company, Standard Bank group, Africa's largest lender by assets, has been named the winner of Best Foreign Exchange Provider in Africa 2014 for a second successive year. Standar...

By Staff reporter | Published: 12 February 2014


Legal instrument stalls commodities exchange

The Agriculture ministry says government is finalising a legal instrument to facilitate the launch of the long-awaited commodities exchange.Clemence Bwenje, economics and markets director in the Agric...

By Staff reporter | Published: 13 December 2013


Fallen heroes of the Zimbabwe Stock Exchange

Economic cycles have become shorter and more volatile. One only has to look at the devastating effects of the global financial crisis of 2008, whose effects five years down the road are still being f...

By Tony Fisher | Published: 22 November 2013


New Dawn to delist from Toronto Stock Exchange

Zimbabwe focused New Dawn Mining is set to delist from the Toronto Stock Exchange next month and register its operations in the tax haven of Cayman Islands.In a statement, the company said it had appl...

By Business Reporter | Published: 25 October 2013


Govt to finalise commodities exchange set-up

Government needs to finalise the setting up of a commodities exchange as soon as possible for industry to start recognising benefits from the resuscitation of the agricultural sector, the Minister of ...

By Business Reporter | Published: 01 October 2013


Commodity exchange makes the economy efficient

Zimbabwe has a commodity exchange that is yet to start operating due to lack of funds. However the Ministry of Industry and Commerce has indicated its working to ensure that the exchange is functional...

By Staff reporter | Published: 30 September 2013


Zimbabwean appointed to Dubai diamond exchange board

Former Mines and Mining Development permanent secretary Prince Mupazviriho has been appointed to the board of the Dubai Diamond Exchange (DDE), one of the world leading precious stones trading platfor...

By Staff reporter | Published: 27 September 2013


ZSE opens bid for exchange's automation

Zimbabwe Stock Exchange has opened bids for vendors who want to supply hardware and software for the automation of the exchange scheduled for completion before the end of this year.In a statement, ZSE...

By Staff reporter | Published: 19 September 2013


Govt urged to set up a commodity exchange

Farmer organisations are optimistic that the incoming government will finalise the setting up of the commodity exchange if the country is to realise fair value of agricultural produce.The commodity e...

By Business reporter | Published: 04 September 2013


Harare Stock Exchange on cards

THE post-election Zanu-PF Government plans to establish another securities trading bourse known as the Harare Stock Exchange with a separate platform for exclusive participation by indigenous investor...

By Business reporter | Published: 24 July 2013

Latest News

Latest Published Reports

Latest jobs