The latest ZiMetro Business News: breaking personal finance, company, financial and economic news, plus insight and analysis into Zimbabwe and global markets.
Businesses are considering taking legal action against the Reserve Bank of Zimbabwe (RBZ) over its decision to withhold payment for outstanding foreign currency auction allotments, reported Business Times. The Central …
Businesses are encountering difficulties accessing foreign currency from banks to finance the procurement of necessary inputs for production, a situation that analysts fear could lead to widespread rejection of Zimbabwe’s …
Trading in Bindura Nickel Corporation (BNC) shares has been temporarily suspended on the Victoria Falls Stock Exchange (VFEX) following the placement of its key asset, Trojan Mine, under reconstruction. This …
The government has praised National Foods Limited (NatFoods) for its investments in projects aimed at reducing the country’s high import expenses. NatFoods has allocated nearly US$16 million to various factory …
FBC Reinsurance (FBC Re) has rebounded to profitability for the year ending December 31, 2023, recovering from a loss of $2.6 billion recorded in the previous year’s comparative period. The …
Zimbabwe’s currency, Zimbabwe Gold (ZiG), on Monday, 06 May, weakened to its lowest level against the US dollar since it was launched last month, reported Bloomberg. According to data posted …
Finance, Economic Development and Investment Promotion Minister Professor Mthuli Ncube has called on investors to come up with new financing models to fund the country’s infrastructure development programmes. This would …
FBC Holdings Limited subsidiary, Microplan has launched a new mobile application that enables clients to digitally apply for a new loan or top-up existing loans without visiting a physical branch. …
Ethiopian Airlines expects to carry 30 percent more passengers in the year ended June from the year before, its chief executive told Reuters on Wednesday, buoyed by new routes and …
Uganda will start importing fuel directly from next month in a deal with Vitol Bahrain which the country hopes will supply cheap petroleum products. Energy and Mineral Resources Minister, Ruth …
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