BUSINESS NEWS

Inflation is expected to stay low for the rest of the year due to strict financial and government policies. These policies have kept the local currency stable since it was …

Zimbabwe is gradually moving away from using the US dollar, aiming to strengthen its own currency, the Zimbabwe Gold (ZiG). This process will take time, but progress is being made. …

Yesterday, stocks in most developing markets fell to their lowest levels in over a month as risk appetite decreased following an unexpected interest rate decision by China. Additionally, Ukrainian bond …

Finance Minister Mthuli Ncube is set to present his Mid-Term Fiscal Policy Statement today, with business groups and economists urging him to introduce measures to revive the sluggish economy, reports …

The Permanent Secretary of the Finance Ministry, George Guvamatanga, has attempted to downplay the concerns raised by the Auditor General’s (AG) office, advising them not to overreact. Guvamatanga’s behavior is …

Harare, Zimbabwe – Stanbic Bank Zimbabwe has embarked on an exercise to expand its Automated Teller Machines (ATMs) in response to growing client demands. The move by the leading financial …

Harare, Zimbabwe – The last batch of stands at Pomona City is selling fast ahead of the introduction of the novel leasehold scheme to be launched next year. WestProp’s chief …

The dollar strengthened during volatile trading on Friday as a global cyber outage disrupted banks, airlines, and broadcasters, unsettling investors. Despite this, currency market volatility remained limited. Disruptions became evident …

The government has reaffirmed its commitment to supporting the recovery and growth of the local bus and truck industry. This pledge comes in response to the industry’s struggles due to …

The National Railways of Zimbabwe (NRZ) has established an open access agreement with its subsidiary, Beitbridge Bulawayo Railway (BBR), aiming to boost revenue for the national railway operator. During a …