The latest ZiMetro Business News: breaking personal finance, company, financial and economic news, plus insight and analysis into Zimbabwe and global markets.
CBZ Bank has secured an US$80 million loan facility from the African Export-Import Bank (Afreximbank) aimed at bolstering trade financing and capital expenditure for Zimbabwe’s productive sectors. The agreement was …
Senegal has joined the ranks of oil-producing nations with Australian company Woodside Energy on Tuesday announcing the start of production in the West African country’s first offshore project. After several …
Professor Mthuli Ncube, Zimbabwe’s Minister of Finance, Economic Development, and Investment Promotion, has announced a renewed effort to bolster investments and re-engage with foreign markets, particularly targeting Asia and Europe. …
President Emmerson Mnangagwa is set to headline the 10th annual CEO Africa Roundtable conference, taking place in the picturesque resort town of Victoria Falls. This prestigious event will tackle a …
Some 522 bank accounts have been frozen by the Reserve Bank of Zimbabwe as part of a continuing clampdown on those who violate exchange control regulations. Over 140 entities and …
The New Development Bank (NDB), a multilateral infrastructure financier owned by the Brics countries, is considering financing projects in countries beyond the bloc’s 11 members, potentially providing additional funding for …
More than US$18 billion worth of cryptocurrency has moved into a new type of platform that offers investors rewards in exchange for locking up their tokens, in a complex scheme …
The Government’s fiscal consolidation efforts are yielding positive outcomes, as demonstrated by the reduction of budget deficits that previously threatened macro-economic stability, according to a senior official. Addressing delegates at …
The World Bank has sanctioned $1.2 billion in funding to bolster Kenya’s economic growth amid external challenges. This development policy-operation loan (DPO) aims to enhance foreign-exchange reserves in preparation for …
THE microfinance sector is feeling optimistic about the future, thanks to the introduction of the Zimbabwe Gold (ZiG) currency. ZiG is backed by gold and foreign currency reserves, which has …
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