BUSINESS NEWS

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 …

Zimbabwe – THE nation-wide installation of Long Term Evolution (LTE) base stations and network modernization cost US$8,5 million last year, according to state-owned fixed telecoms company TelOne. The government has …

Harare, Zimbabwe – WITH effect from June 28, the Zimbabwe Stock Exchange Limited (ZSE) has announced a 2 percent capital gains withholding tax. The modification may have an effect on …

Harare, Zimbabwe | The Reserve Bank of Zimbabwe (RBZ), under the leadership of new governor John Mushayavanhu, has discarded millions of Zimbabwe Gold (ZiG) banknotes that bore the signature of …

Zimbabwe’s June inflation figures indicate a promising trend of economic stabilization, with the monthly inflation rate remaining unchanged, signaling potential stability in both inflation and exchange rates. According to the …

Angola is set to export the most oil in almost four years in August, demonstrating why the country decided to leave OPEC. Shipments will jump to 1,23 million barrels a …

The violent unrest that compelled Kenya’s president to withdraw support for a finance bill has cast doubt on the country’s ability to meet International Monetary Fund (IMF) targets and may …

The World Bank has certified the international currency code ZWG for Zimbabwe Gold (ZiG), granting it a unique identity among global currencies, the Reserve Bank of Zimbabwe (RBZ) announced. The …