The World Bank’s shareholders on Saturday endorsed a $13billion (R157bn) paid-in capital increase that w...
Apr 24, 2018
Netflix managed to add 7.41 million new subscribers its past quarter, its strongest start to a year since going...
Zimbabwe is committed to clearing its debt obligations with the World Bank, African Development Bank and other financial...
Picture: Shutterstock Strong growth in ad sales on Google search and YouTube were not enough to offse...
International Monetary Fund wants additional clarification from Mozambique regarding the resources lent to public enterp...
New York Stock Exchange listed Caledonia Mining Corporation has submitted its bid to takeover some of the Zimbabwe Minin...
Apr 23, 2018
South African retailer Pick n Pay Stores posted a 7.1 percent rise in full-year earnings on Thursday, as the grocer cut...
THE country’s export promotion body, ZimTrade, will facilitate the participation of six export ready Small to Medium Ent...
The continued shortage of foreign currency is making it difficult for industries to import raw materials for use in thei...
Zimbabwe’s mineral exports revenue in the first quarter to March this year rose 14 percent driven by sales in platinum g...
CHINESE electrical engineering giant, CHiNT Electric, has committed a $52 million advance payment demand guarantee for t...
FIDELITY Printers and Refiners (FPR) has paid out US$339 million for the purchase of 7,3 tonnes of gold in the first qua...
The government is examining the blockchain to stop illicit cash transfers according to President Uhuru. Speaking at the...
Mozambican bank Millennium Bim, one of the country’s main banks, posted a net profit of 5.5 billion meticais (74 million...
Caledonia Mining plans to buy gold assets in Zimbabwe and increase its stake in the Blanket mine after the removal of th...
Morocco’s annual consumer price inflation rose to 2.5 percent in March, up from 1.8 percent in February, mainly due to h...
THE cooking oil industry is operating at between 30% and 40% capacity, weighed down by the shortage of foreign currency...
Apr 20, 2018
A majority of listed banks are on track to achieving the prescribed Reserve Bank of Zimbabwe (RBZ) minimum capital requi...
Victoria Falls continues to be dominant as the country’s major tourist attraction centre after recording 20,7 percent ri...
In the week to 25 August 2025, the Zimbabwe Gold (ZiG) exhibited remarkable stability, experiencing a marginal depreciation of 0.02%, moving from an exchange rate of 26.7683 on August 19, 2025, to 26.
ZB Financial Holdings, a diversified financial arm listed on the Zimbabwe Stock Exchange (ZSE), has reported a remarkable 123% increase in profit after tax for the half-year ended 30 June 2025, rising
Throughout history, the world has typically adopted the currency of the dominant economic and geopolitical power for global payments. This leading nation often provided “global public goods,” such as
Bitumen World, one of Zimbabwe’s largest construction contractors, has announced job cuts due to severe cash flow pressures stemming from delayed government payments. In a statement, the company said
Zimbabwe’s property market has become one of the region’s most paradoxical phenomena, with house prices soaring 80% over the past five years from 45% a decade ago according to the ZimProp Expo 2025.
CBZ Holdings, Zimbabwe’s largest bank by assets, and deposits, has reported a significant surge in non-funded income, rising from ZWG 1.5 billion in the first half of 2024 to ZWG 1.9 billion in the fi
CBZ Holdings Limited, Zimbabwe’s largest financial institution by deposit base and asset portfolio, has unveiled a potentially transformative strategic shift positioning the informal sector as the cen
PPC Ltd (PPC), through its Zimbabwean subsidiary PPC Zimbabwe Ltd (PPCZ), in which it holds an 88% stake, has taken a significant step in optimizing its asset portfolio by concluding an agreement on 2
