BUSINESS NEWS

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 …

The currency gained 0.2% to 13.53 per US dollar, according to data on the Reserve Bank of Zimbabwe’s website on Tuesday. But the rand was trading at R18.47 to the …

“All fuel sales will exclusively accept ZiG as payment”: Guvamatanga Finance, Economic Development, and Investment Promotion Permanent Secretary George Guvamatanga announced that all Government ministries, departments, and agencies will soon …

The Zimbabwe Stock Exchange (ZSE) has re-based indices following the introduction of the new structured currency Zimbabwe Gold (ZiG), as espoused in the 2024 Monetary Policy Statement announced on April …

The Reserve Bank of Zimbabwe (RBZ) has directed all banks and microfinance institutions that are not compliant with the regulatory minimum capital requirements not to declare dividends. In October 2022, …

The Minerals Marketing Corporation of Zimbabwe (MMCZ) is ramping up its efforts to combat mineral smuggling with the State-owned agency intensifying its monitoring and surveillance systems to curb leakages. Despite …

South African Airways (SAA) has said it would appoint a permanent chief executive after its deal with Takatso Consortium as a strategic equity partner (SEP) collapsed last month. In March, …

The US must boost commercial ties with African countries to curb reliance on China for supplies of critical minerals, a Washington-based think tank said on Tuesday. “US economic and national …

Reserve Bank of Zimbabwe’s New Governor John Mushayavanhu Set to Unveil 2024 Monetary Policy Statement The newly appointed Reserve Bank of Zimbabwe Governor, John Mushayavanhu, is set to announce the …

Caledonia Mining Corporation expects its gold production capacity in Zimbabwe from about 75 000 ounces to 250 000oz annually, after the mining group set its sights on becoming a multi-asset …