Business News

3 days ago | April 16, 2024

Crackdown on smuggled clothes to boost local industry as Zim ...

Business Writer As part of efforts to meet African Continental Free Trade Area (AfCFTA) regulations, the government will ...

Dollar heads for best run in a year as Fed seen delaying cuts

Bloomberg The dollar is headed for its biggest rally in over a year on expectations US interest rates will stay high for ...

Why the dollar is causing chaos in emerging markets

Bloomberg Emerging-market currencies have tumbled this year as the dollar has gone from strength to strength. Taiwan’s ...

ZSE bridges knowledge gap: New programme prepares companies for ...

Francis Gakanje The Zimbabwe Stock Exchange (ZSE) has embarked on a prospective issuer training programme aimed at ...

Zimbabwe Stock Exchange lukewarm on ZiG currency debut

Business Writer The Zimbabwe Stock Exchange (ZSE) witnessed subdued activity last week to Friday 12 of March following ...

SeedCo assures country of adequate hybrid seed stocks for 2024/25 ...

Business Writer Seed Co Zimbabwe, one of the country’s largest hybrid seed processors, says it will continue enhancing ...

Willing buyer will seller forex market to dissipate parallel ...

Business Writer The Reserve Bank of Zimbabwe (RBZ) governor, Dr John Mushayavanhu, in his latest Monetary Policy ...

Late payment by GMB decimating cereal crops production, farmers

Michael Tome FARMERS and stakeholders in the agriculture sector have bemoaned the delay in payments of delivered grains ...

4 days ago | April 15, 2024

Zimbabwe eyes debt relief at IMF spring meetings

Francis Gakanje Zimbabwe will seek to engage its creditors during the upcoming International Monetary Fund (IMF) spring ...

Bahamas to host landmark Afreximbank meetings and AfriCaribbean ...

Business Writer The 2024 Afreximbank Annual Meetings (AAM2024) and the third edition of the AfriCaribbean Trade and ...

Dilapidated railways system takes toll on country’s exports

Martin Kadzere Zimbabwe’s mineral wealth is locked away by a crumbling national railway system that is severely ...

RBZ cuts policy rate by 1333 bps, targets 2-5 pc USD inflation annually

Business Writer Zimbabwe has announced a 1333 basis point cut in the key policy rate to 130 percent down from 150 ...

Global diamond dealers court MMCZ over diamonds

Business Writer International diamond buyers are reportedly making inquiries to purchase diamonds from Zimbabwe ...

7 days ago | April 12, 2024

Potraz sets new ZiG tariffs

Business Writer The Postal and Telecommunications Regulatory Authority of Zimbabwe (Potraz) has set new tariffs for the ...

Why ZiG cannot immediately replace USD transactions

Nelson Gahadza Treasury has said the newly introduced structured currency, Zimbabwe Gold (ZiG), will not immediately be ...

Mthuli to announce measures to bolster ZiG

Business Writer Treasury has assured the public that it will soon announce additional measures to support the country’s ...

Dear governor, the market is in a mess

Economy Uncensored with Tapiwanashe Mangwiro In the wake of the introduction of a new currency, the Zimbabwe Gold (ZiG), ...

Managing legal costs: Prioritise, strategise

Arthur Marara In today’s complex legal landscape, businesses and individuals alike often find themselves grappling with ...

RBZ warns banks against pairing clients for forex

Golden Sibanda THE Reserve Bank of Zimbabwe (RBZ) has directed banks to furnish it with the pipeline of foreign currency ...

Axia pushes growth through diversified distribution channels

Enacy Mapakame Specialty retail and distribution group, Axia Corporation Limited (Axia), is countering El Nino’s ...