The latest ZiMetro Business News: breaking personal finance, company, financial and economic news, plus insight and analysis into Zimbabwe and global markets.
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 …
Dr. John Mushayavanhu, the new head of the Reserve Bank of Zimbabwe (RBZ), surprised many on Thursday when he revealed that, despite previous claims, the bond notes and Zimbabwe dollar …
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