Reserve Bank of Zimbabwe Infuses US$64 Million to Stabilize Currency Market

The Reserve Bank of Zimbabwe (RBZ) has injected US$64 million into the foreign exchange market to…

Zim Blueberries Take Center Stage at Malaysia International Halal Showcase

The Malaysia International Halal Showcase (MIHAS) is currently taking place, providing Zimbabwean companies like Eden Chase…

South African Rand Up as Investors Prepare for Rate Changes

The South African rand strengthened, buoyed by expectations of a busy week ahead with several key…

Zimbabwe Seeks to Leverage High Gold Prices for Economic Growth

Zimbabwe’s MINES and Mining Development Minister, Winston Chitando, has urged gold miners to boost production by…

China Imposes Six-Month Ban and $56.4 Million Fine on PwC Over Evergrande Audit Failures

Chinese authorities have imposed a six-month ban on PwC and levied fines totaling over 400 million…

Ugandan Government in Legal Battle Over Land Disputes Along EACOP Pipeline Route

Uganda’s government is embroiled in a legal battle with 112 landowners set to be displaced by…

Zambia’s Mines Turn to South Africa’s Eskom for Power Amid Worst Energy Crisis

Zambia’s largest mining companies are turning to an unexpected energy source amid the country’s severe power…

Tight Liquidity Hinders IDBZ Infrastructure Funding Efforts

The Infrastructure Development Bank of Zimbabwe (IDBZ) reports that tight liquidity conditions are hindering the disbursement…

Fitch Warns Mpox Outbreak Could Worsen Fiscal Pressures in Sub-Saharan Africa

Fitch Ratings recently cautioned that the rapid spread of the mpox virus in sub-Saharan Africa could…

Zimbabwe Miners Federation Calls for Prepaid Metering to Avert Power Supply Issues

The Zimbabwe Miners Federation (ZMF) has advised its members to switch to the prepaid smart metering…