The latest ZiMetro Business News: breaking personal finance, company, financial and economic news, plus insight and analysis into Zimbabwe and global markets.
Tax experts are warning that a narrow definition of illicit financial flows (IFFs) is enabling looters to siphon off funds from Africa, hampering the continent’s economic growth. They advocate for …
Nigeria is seeking to enhance its struggling oil production infrastructure by partnering with South Korea to construct several oil refineries across the country. For many years, Nigeria has relied heavily …
Zimbabwe’s lithium concentrate production increased by 16% to 132,196 tonnes in the second quarter of 2024, thanks to new producers entering the market. According to the Treasury Quarterly Bulletin for …
Sugarcane farmers in Zimbabwe’s Lowveld region have successfully increased their share of revenue from raw sugar sales from 77% to 80.5%. This change comes after a review aimed at resolving …
The Zimbabwe Mercantile Exchange (ZMX) has announced that it has expanded agricultural financing opportunities to the private sector. The exchange aims to address persistent challenges in agriculture, such as post-harvest …
The Democratic Republic of Congo is set to take action against companies that purchase or source minerals from its conflict-ridden eastern region, where smuggling exacerbates one of the world’s most …
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 …
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