BUSINESS NEWS

Gold hit another record as traders placed stronger bets on Federal Reserve rate cuts this year and weighed an uncertain outlook for US politics. Bullion advanced in Asia hours to …

ECONET Wireless Zimbabwe (EWZ) aims to expand its 5G network coverage to improve overall network performance and service quality for its customers. In the quarter leading up to May 2024, …

Kamativi Mining Company (KMC) has postponed the commissioning of the second phase of its lithium processing plant from June to September. The plant, with a capacity of 300,000 tonnes per …

Bard Santner Incorporated, a financial intermediary firm, introduced TX Money Transfer, a new service aimed at facilitating secure fund transfers within Zimbabwe. The service is designed to enhance financial inclusion …

Caledonia Mining Corporation’s Zimbabwe unit, Blanket Mine, gold production rose by 19 percent to 20 773 ounces in the second quarter to June 30, 2024 amid bullish bullion prices on …

FASTJET Zimbabwe has increased the frequency of its flights between Harare and Bulawayo, as well as Victoria Falls, in response to rising demand. Specifically, the airline now offers double daily …

Harare, 10 July 2024 – Leading financial services institution Stanbic Bank has been named National Winner for supporting micro, small, and medium enterprises in Zimbabwe by the Zimbabwe National Chamber …

By Rufaro Hozheri| Financial Analyst Meikles Limited, one of the oldest retail giants in Zimbabwe and listed on the Zimbabwe Stock Exchange (ZSE), recently released its FY24 results. This diversified …

The Africa Risk Capacity (ARC), an agency of the African Union, has provided Zimbabwe with US$32 million to mitigate the effects of the El Nino-induced drought, Business Times reports. The …

Mutare, Zimbabwe – President Emmerson Mnangagwa has announced plans to phase out the US dollar and introduce the Zimbabwe Gold (ZiG) as the country’s sole currency. Speaking in Mutare on …