Zimbabwe's private sector is facing a worsening liquidity crisis as delayed government payments, rampant border corruption, and a fragmented tax system combine to stifle industry and weaken the count...
By Staff reporter | Published: 17 October 2025
Murray & Roberts, one of South Africa's oldest and most iconic construction companies, is facing the end of its operations after over 120 years, following the initiation of liquidation proceedings...
By Staff reporter | Published: 17 August 2025
State-owned telecommunications giant TelOne Private Limited is facing
a serious liquidity crisis amid revelations that the government owes
the company US$19.2 million for voice and data services ren...
By Staff reporter | Published: 02 July 2025
The Reserve Bank of Zimbabwe (RBZ) has raised the daily Zimbabwe Gold (ZiG) liquidity in the market from ZWG1.5 billion to ZWG2 billion in a move aimed at easing concerns over currency shortages and b...
By Staff reporter | Published: 27 June 2025
Prominent cleric and founder of Prophetic Healing and Deliverance (PHD) Ministries, Walter Magaya, is facing the possible liquidation of his estate after allegedly failing to settle a US$420,140 debt ...
By Staff reporter | Published: 19 June 2025
The Reserve Bank of Zimbabwe has suspended the 30-day liquidation requirement on un-utilized foreign currency balances for exporters to support its use of free-funds policy. Last week the RBZ announce...
By Staff reporter | Published: 31 March 2020
The stock market fell on Wednesday but at a much slower pace as investors have adopted a somewhat wait and see approach until the dust settles on the ongoing currency reforms that Treasury and the Res...
By Staff reporter | Published: 18 March 2020
Econet Wireless Zimbabwe (EZW) CEO Douglas Mboweni has described the company's equity stake in Liquid Telecom Holdings, which is just under 10% as "a US$135 million forex reserve".Speaking about the f...
By Staff reporter | Published: 23 December 2018
DURING the past week, the media has been awash with reports of price hikes of goods and some commodities running out on the market.Products ranging from cement to chickens and other basic commodities ...
By Dr Bongani Ngwenya | Published: 09 September 2018
LIQUID Telecom Zimbabwe managing director, Wellington Makamure, says the interterrestial high speed optic fibre they are working on will see the creation of communication and learning zones called Edu...
By Staff reporter | Published: 26 July 2018
THE liquidation of Capital Bank is yet to proceed four years after its licence was revoked amid concerns over rising costs being accrued against the financial institution to the detriment of its credi...
By Staff reporter | Published: 06 July 2018
ZIMBABWE'S biting liquidity challenges are anticipated to persist into the near future before government eventually introduces a local currency, a local equities group has said.Highlighting that gover...
By Staff reporter | Published: 15 June 2018
THE Reserve Bank of Zimbabwe (RBZ) now has $1,19 billion worth of liquidity facilities from various foreign institutions, as it seeks a solution to foreign currency shortages.In a presentation to Parl...
By Staff reporter | Published: 01 June 2018
PRESIDENT Emmerson Mnangagwa yesterday endorsed a $5,2 billion coal-to-liquid project deal signed between Verify Engineering and South Africa's Nkosikhona Holdings.The joint venture will see a coal to...
By Staff reporter | Published: 18 May 2018
Foreign currency raised from this year's tobacco sales has not improved Zimbabwe's liquidity position because of the significant increase in the fuel import bill caused by a hike in international oil ...
By Staff reporter | Published: 14 May 2018
RANI Investments LLC, majority shareholder in, Limpopo Mining Resources (Pvt) Limited (LMR), has filed an application with the High Court seeking removal from liquidation due to a change in circumstan...
By Staff reporter | Published: 19 April 2018
LIQUID Telecom has stepped up efforts to sign on more businesses to adopt Microsoft's cloud services following a partnership with the tech giant early last year.Cloud services is cloud computing, that...
By Staff reporter | Published: 12 April 2018
Econet Group subsidiary Liquid Telecom has appointed three global banks to begin a process of listing the company on a major European Exchange. Leading publication TMT Finance, which tracks potential ...
By Business Weekly | Published: 23 March 2018
Government is set to introduce a raft of measures to rationalise fuel prices while fighting against cash challenges through ongoing engagements with several countries, Special Advisor to the Presidenc...
By Staff reporter | Published: 15 March 2018
LIQUID Telecom Zimbabwe has appointed Martin Mushambadope as deputy managing director with effect from March 1, 2018. Prior to his appointment Mushambadope was the company's commercial officer.Mushamb...
By Staff reporter | Published: 08 March 2018
THE 2018 tobacco selling season is set to begin on March 21 with all the three tobacco auction floors that operated last year having been licenced.The opening of the crop's marketing season comes as a...
By Staff reporter | Published: 06 March 2018
ZIMBABWE'S balance of payments is anticipated to improve on the back of a strong South African rand and weakening US dollar, as the gap between virtual money and hard cash is set to narrow, a United K...
By Staff reporter | Published: 22 February 2018
Leading pan-African telecommunications group Liquid telecom subsidiary African Data Centres, has launched newly expanded data centres facilities in Johannesburg and Cape Town, South Africa. The state ...
By Staff reporter | Published: 06 February 2018
GOVERNMENT-OWNED stationery retailer Kingstons Holdings could soon face an avalanche of lawsuits and writs of execution after the High Court revoked its provisional liquidation status.Kingstons was pl...
By Staff reporter | Published: 02 February 2018
Liquid Telecom, the fast-growing pan-African telecommunications operator controlled by Zimbabwean billionaire Strive Masiyiwa, will spend billions of rand expanding newly acquired subsidiary Neotel's ...
By Tech Central | Published: 31 January 2018
OK Zimbabwe posts US$17,8 million loss 
Hichilema meets Chivayo 
Millions celebrate Diwali festival in India 
Econet Zimbabwe to delist from ZSE 
Gold edges up as traders await guidance 
Mnangagwa fires Chitando, appoints Polite Kambamura 
Young Investment Professional (YIP) Graduate Programme 2019 
Young Investment Professional (YIP) Graduate Programme 2019
