The latest ZiMetro Business News: breaking personal finance, company, financial and economic news, plus insight and analysis into Zimbabwe and global markets.
Around seven developing countries are at risk of bankruptcy or in need of bailouts due to escalating debt levels approaching default. Bankruptcy can occur when a government’s debt becomes unmanageable, …
Steward Bank, a leader in digital banking, has unveiled its innovative Omni Channel platform, set to revolutionize the digital banking landscape in Zimbabwe. This new application integrates the bank’s various …
Dairibord Holdings has reaffirmed its commitment to its Zimbabwean roots, dismissing recent online rumors about plans to close operations and relocate to South Africa. CEO Mercy Ndoro emphasized the company’s …
London-listed Premier African Minerals is considering selling its Zulu lithium and tantalum project in Insiza due to operational and funding difficulties. CEO George Roach informed shareholders that he cannot predict …
CABS, a banking institution part of Old Mutual Zimbabwe, secured $107 million in credit lines by June 30, 2024, mainly for lending to key sectors of the economy. The agriculture …
On Friday, the European Union voted to implement definitive tariffs on battery electric vehicles (BEVs) made in China. The EU stated that the proposal for these countervailing duties received necessary …
The National Bank of Ethiopia has allocated US$175 million in foreign exchange to the state-owned Ethiopian Petroleum Supply Enterprise, a major fuel importer, to cover upcoming fuel-related import payments, Bloomberg …
A MASSIVE undertaking has been launched by the Government in collaboration with Chinese mining firm, Palm River Energy, and Metallurgical Special Economic Zone to develop a US$3,6 billion energy industrial …
The Confederation of Zimbabwe Industries (CZI) has criticized the Reserve Bank of Zimbabwe’s (RBZ) recent proposal to support the Zimbabwe Gold (ZiG) currency, labeling it misguided. RBZ Governor John Mushayavanhu …
South Africa is facing a critical shortage of power lines needed to transmit electricity from new energy projects, highlighting the need for an updated plan to manage ongoing auctions that …
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