The latest ZiMetro Business News: breaking personal finance, company, financial and economic news, plus insight and analysis into Zimbabwe and global markets.
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 …
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 …
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