The latest ZiMetro Business News: breaking personal finance, company, financial and economic news, plus insight and analysis into Zimbabwe and global markets.
The Reserve Bank of Zimbabwe (RBZ) has injected US$64 million into the foreign exchange market to meet the rising demand for hard currency and ensure all legitimate foreign currency requests …
The Malaysia International Halal Showcase (MIHAS) is currently taking place, providing Zimbabwean companies like Eden Chase an opportunity to showcase their products and explore new markets. Valerie Madziva, co-founder of …
The South African rand strengthened, buoyed by expectations of a busy week ahead with several key interest rate announcements and local inflation data. By 0720 GMT, the rand was trading …
Zimbabwe’s MINES and Mining Development Minister, Winston Chitando, has urged gold miners to boost production by capitalizing on favorable global gold prices. Gold remains Zimbabwe’s top export, generating approximately US$3 …
Chinese authorities have imposed a six-month ban on PwC and levied fines totaling over 400 million yuan ($56.4 million) due to its role in auditing the failed property developer Evergrande. …
Uganda’s government is embroiled in a legal battle with 112 landowners set to be displaced by the East African Crude Oil Pipeline (EACOP) project, as issues such as undervalued compensation, …
Zambia’s largest mining companies are turning to an unexpected energy source amid the country’s severe power crisis: South Africa’s Eskom Holdings SOC Ltd. Zambia, which typically depends on hydropower for …
The Infrastructure Development Bank of Zimbabwe (IDBZ) reports that tight liquidity conditions are hindering the disbursement of substantial funds for critical infrastructure projects. In the first half of 2024, the …
Fitch Ratings recently cautioned that the rapid spread of the mpox virus in sub-Saharan Africa could exacerbate the fiscal challenges faced by many countries in the region. The Africa Centres …
The Zimbabwe Miners Federation (ZMF) has advised its members to switch to the prepaid smart metering system for electricity to prevent worsening power supply issues that could negatively impact their …
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