‘Inflation forecast unrealistic’
As such, monthly inflation rates are expected to be well below 1%, while annual inflation is projected to close the year below 5%.
By Mthandazo Nyoni
Apr. 19, 2024
Fair game in Zim, China trade
By Julia Ndlela
Apr. 19, 2024
Uproar as Zimparks seals off Vic Falls …tourists barred to make way for private event
Tourism and Hospitality Industry minister Barbra Rwodzi said she was “out of the country until next week."
By Tinashe Kairiza
Apr. 19, 2024
Arab twist to plunder ‘confirms deeply rooted criminal syndicate’
Mutsvangwa told reporters that an unnamed former Reserve Bank of Zimbabwe (RBZ) governor had struck a deal with the Arabs where Zimbabwe would exchange gold for US dollars.
By Julia Ndlela
Apr. 19, 2024
Banks, Zimra struggle with ZiG switchover
The ZiG was introduced following the rapid depreciation of the Zimbabwe dollar (ZWL).
By Vincent Mungofa and Tinashe Kairiza
Apr. 19, 2024
Advisory sees hefty spinoffs in RTG deal
Martin Smura board chairman and president for GMH, said at the signing ceremony in Cape Town last week that the benefits of the transaction were broad.
By Shame Makoshori
Apr. 19, 2024
‘New currency averted systems crash’
It replaced the Zimbabwe dollar (ZWL), which had to be decommissioned after depreciating rapidly against the US dollar, complicating an already dire economic situation.
ExecutiveChat: ‘Have been in banking all my life’
So what were your major highlights during your tenure as CEO of FBC?
By Faith Zaba
Apr. 12, 2024
Investors brace for turbulence as ZSE shifts to new currency… Inter Horizon Securities sees early valuation headaches, distortions
After the ZSE’s All Share Index (ALSI) was rebased to 100 points during a drama-filled Monday to mark the first day of trade in ZiG, it gained 0,23% on Tuesday to close at 100,23 points.
By Shame Makoshori
Apr. 12, 2024
Mushayavanhu refutes FBC shareholding claims
The learners, Nesbert Munyuki and Valentine Ziki, are represented by Zimbabwe Lawyers for Human Rights (ZLHR) lawyer Kossam Ncube.
By Freeman Makopa
Apr. 12, 2024
GMB owes wheat farmers US$35m
GMB chief executive officer Edson Badarai told the Zimbabwe Independent that the parastatal was working on modalities to pay the farmers.
By Gamuchirai Nyamuziwa
Apr. 12, 2024
Authorities rally behind ZiG
Persistence Gwanyanya, a member of the RBZ Monetary Policy Committee, told this publication that the government was focused on restoring confidence in ZiG.
By Blessed Ndlovu and Belinda Chiroodza
Apr. 12, 2024
EU wants dialogue on investment climate
The proposal was made by EU ambassador to Zimbabwe Jobst von Kirchmann during a mission’s Private Sector Dialogue Seminar held in Harare this week.
By Sydney Kawadza
Apr. 12, 2024
China writes off Zim debt deals
Zimbabwe currently owes a combined US$17,5 billion to foreign and local creditors.
By Tinashe Kairiza
Apr. 12, 2024
RTG rekindles African ambition with Swiss deal
The deal will market RTG’s return to African markets.
By Shame Makoshori
Apr. 12, 2024
‘I’ll crush the black market’ … RBZ boss vows to smash US$2,5bn menace, bring stability
Zimbabwe’s black market has so much power and influence to determine the exchange rate, which formal businesses have been whipped into accepting.
By Shame Makoshori
Apr. 12, 2024
Zim gets a new currency today!
The currency launch will mark Mushayavanhu’s first move to tackle one of the country’s longest running crises.
By Shame Makoshori and Freeman Makopa
Apr. 5, 2024
‘Zim army under-funded’
New data from IISS showed Zimbabwe’s limited involvement towards regional peace efforts were caused by underfunding and the military’s concentration on “political issues.”
By Tinashe Kairiza
Apr. 5, 2024
US$50m fund to tackle climate crisis
UNDP programmes officer James Mafusire told the Zimbabwe Independent that families would also receive grain cereals.
By Gamuchirai Nyamuziwa
Apr. 5, 2024
MPs push for action against delinquency in banking sector
When the Reserve Bank of Zimbabwe demanded action, it sparked off an exodus of bankers, who fled the country.
By Freeman Makopa and Shame Makoshori
Apr. 5, 2024
‘Hyped unit being set up to fail’
The Zimbabwe dollar depreciated to US$1:ZW$40 000 on the black market this week, from US$1:ZW$14 000 in January.
By Freeman Makopa
Apr. 5, 2024
US investors flock to Zim despite diplomatic row
Although Zimbabwe has been under US sanctions since 2000, officials said the southern African country approved US$175 million worth of FDI proposals last year.
By Blessed Ndlovu and Tinashe Kairiza
Apr. 5, 2024
Zent eyes solar energy market
Godfrey Mugaviri, managing director of Zent, told the Zimbabwe Independent that the plant will guarantee that all Zimbabweans have access to power and help to improve security of supply.
By Freeman Makopa
Apr. 5, 2024
Early job cuts hold ZCTU spellbound
Zimbabwe’s economy is haemorrhaging under an inflation rate and currency fragilities that have seen companies announcing job cuts.
By Julia Ndlela
Apr. 5, 2024
Sobering complications of a currency in peril
Companies say they did not collect the levy when it came into force at US$0,002 cents in January because consultations over its implications were ongoing.
By Shame Makoshori
Mar. 28, 2024
Health experts call for swift TB action
Zimbabwe joined the rest of the globe to mark World TB Day on Sunday.
By Gamuchirai Nyamuziwa
Mar. 28, 2024
Director pushes for better opportunities for pensioners
Nssa acting general manager Charles Shava underscored the importance of addressing the challenges faced by pensioners.
By Gamuchirai Nyamuziwa
Mar. 28, 2024
Subscribers desert Telecel
The report said combined mobile telecoms sector revenues hit ZW$1,1 trillion during the review period, rising 35% from ZW$851 billion during the third quarter.
By Shame Makoshori
Mar. 28, 2024
Nssa moves to remove ghost beneficiaries
Issuance of life certificates is an international best practice that safeguards pension funds from paying out to beneficiaries who no longer exist. It is conducted annually.
By Freeman Makopa
Mar. 28, 2024
Banks, Zimra struggle with ZiG switchover
Local News
By Vincent Mungofa and Tinashe Kairiza
Apr. 19, 2024
Uproar as Zimparks seals off Vic Falls …tourists barred to make way for private event
Local News
Apr. 19, 2024
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