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Ntando Nsikane

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Zimbabwe’s reserve money reaches a new peak level

Reserve money up by ZW$2 billion w.o.wCurrent levels are a record highRBZ says surge inspired by acquisition of forex for funding the...

Strong Q4 economic growth, steamroll China to unexpected annual economic growth

Annual growth for 2020 stood at 2,3%Least growth in over 40 yearsWorld bank predicts 7.9% growth in 2021US economy forecasted to have...

First Mutual declares a ZWL7.4m quarterly dividend despite slump in profits

Dividend declared from Q3 2020 profitsThis is despite profit falling over 80% in the quarterThe company blamed the volatile macroeconomic conditions for...

‘Halve carrying capacity, double the price’ – Treasury Oks ZUPCO fares hike

ZUPCO fares doubledHike necessitated by COVID 19 carrying capacity restrictions Move also comes almost 2 weeks after latest fuel price hike

Blanket Mine posts record quarterly and full-year output

15,012 ounces produced in Q4 2020FY20 production was 57,899Zimbabwe’s 2020 gold output declined 31% to 19 tonnes HARARE...