Government’s relationship with the stock exchange has been shaky from the 1980-independence start. It was, after all, unknown to this group of comrades. In the early days was left untouched even when there was heightened talk of nationalizing foreign...
Tapiwanashe Mangwiro
HARARE - Zimbabwe Asset Management Company (Zamco) has so far resolved $452 million of the bad debts it mopped up and said they are still in line to meet the annual $140 million target.
In February 2020, the debt...
Cynthia Chitombi
Zimbabwe has reduced its fuel import bill by about 20 percent through the blending of unleaded petrol with ethanol, a senior government official has said.
Zimbabwe Energy Regulatory Authority consumer services manager Nobert Matarutse revealed this during a discussion...
Zimbabwe’s diamond industry has been thriving in the past three years.
Although the country’s diamond, gold and mineral revenues are wide, Zimbabwe expanded its diamond production from 2.8 million carats in 2018 to 4.1 million carats in 2019. The growth...
The Banker
LONDON – 1 July 2020: African banks are small in world terms but they punch above their weight in profits, according to The Banker’s latest ranking of the Top 1000 World Banks.
Africa’s banks have less than 1% of total...
The US-UN multilateralism and global monetary order: Implications for Southern Rhodesia’s monetary developments, 1950 – 1960
Tinashe Nyamunda
June 26, 2020 marked the 75th anniversary of the formation of the United Nations (UN) organization. Formed in 1945 with a specific mandate...
HARARE – Government has suspended mobile-based monetary transactions and trading on the Zimbabwe Stock Exchange to enable it to investigate malpractices, criminality, and economic sabotage.
Information permanent secretary Nick Mangwana, in a statement said that the suspensions were part of...
Farai Mabeza
Fiscal and monetary authorities must not interfere with the newly introduced foreign currency auction system to make it credible and to eliminate inefficiencies that could result in its collapse, industry lobby group, the Confederation of Zimbabwe Industries, has...
Sydney Kawadza
Zimbabwe could yet again suffer from self-inflicted challenges that would see the Southern African country fail to capitalize on the African Continental Free Trade Area currently being implemented across Africa.
The key challenges threatening Zimbabwe’s full participation in the...
Titus Mukove
HARARE - Tuesday marked the first gear of the Foreign Currency Auction System by the government which is aimed at bringing stability on prices and exchange rate. As expected, there was a sharp fall in the value the...
