Local

13 hours ago | April 24, 2024

Govt still considering re-submitted Harare City Council budget

The Ministry of Local Government, Public Works and Rural Development is still considering the re-submitted Harare City ...

2 days ago | April 22, 2024

Victoria Falls Hotels see boost in easter occupancy, tourism ...

Business Writer The Hospitality Association of Zimbabwe (HAZ) has confirmed that Victoria Falls hotels reached a 58 ...

Zimbabwe seeks bridge loan to address debt burden

Business Writer Zimbabwe is currently in negotiations with financial institutions to secure a bridge loan of up to US$2 ...

IMF SDRs not abused -RBZ Governor

Reserve Bank of Zimbabwe (RBZ) governor, Dr John Mushayavanhu, says on Wednesday part of the US950 million Special ...

5 days ago | April 19, 2024

Zimbabwe mobile profits fall, putting network quality at risk

Business Writer Mobile network operators in Zimbabwe saw a decline in profits in 2023, which together with power outages ...

RBZ sharpens tools to monitor, evaluate policies

Martin Kadzere This week, the Reserve Bank of Zimbabwe (RBZ) announced a new initiative to improve the monitoring and ...

Engineering sector laments tough operating environment

Enacy Mapakame The Engineering, Iron and Steel (EIS) sector has bemoaned the tough operating environment which has seen ...

Fitch projects 3pc growth, lower than Treasury, AfDB and World Bank

Tapiwanashe Mangwiro Fitch Solutions paints a sobering picture of Zimbabwe’s economic landscape, emphasising its ...

Firms call for supportive framework to ensure new currency’s success

Nelson Gahadza Some companies say the success of recent monetary measures by the Central Bank will be dependent on ...

1 week 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 ...

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 ...

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 ...

1 week 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 ...

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 ...

2 weeks 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 ...