The latest ZiMetro Business News: breaking personal finance, company, financial and economic news, plus insight and analysis into Zimbabwe and global markets.
The mining investment arm of Abu Dhabi’s most valuable company has offered to buy a majority stake in Vedanta Resources‘ Zambian copper assets, in its drive to build an African …
The Nasdaq Composite fell for a sixth straight session on Friday, notching its longest losing streak in more than a year. The downtrend comes as Nvidia dived, adding to recent …
Oil and gold prices experienced a decline following indications from Iranian authorities that downplayed reports of an attack by Israel. Initially, Brent crude, the global benchmark, surged to over $90 …
FINANCE Minister Prof Mthuli Ncube has been slow to clarify the appointment of independent auditors tasked with verifying the reserves supporting the recently introduced ZiG currency. The nation ushered in …
 RBZ Considers Cryptocurrency Amid Currency Challenges The Reserve Bank of Zimbabwe (RBZ) has disclosed that cryptocurrency was among the options considered to address the rapid depreciation of the Zimbabwe dollar, …
Grant Thornton, the esteemed watchdog overseeing Masimba Holdings Limited’s financial integrity, has unleashed a whirlwind of controversy with its latest audit report. In a blistering critique, the report lambasts Masimba’s …
Excitement reverberates through Zimbabwe’s mining sector as British mining powerhouse, Cluff Africa, announces its return to the country to forge a groundbreaking partnership with Mutapa Investment Fund. The focus? Mining …
The Reserve Bank of Zimbabwe (RBZ) has made a strategic move to bolster the stability of the Zimbabwean Dollar (ZiG) by adjusting the foreign currency statutory reserve ratio on demand …
CABS, a division of the Old Mutual Group, received lines of credit totaling US$110 million in 2023 from AfreximBank and the Trade and Development Bank. These funds were earmarked for …
Mining companies in Zimbabwe, specializing in gold, chrome, diamond, and platinum, have collectively allocated only US$20 million for corporate social investments between 2018 and 2022. This figure is disconcerting considering …
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