BUSINESS NEWS

Harare | With effect from yesterday, the gold-backed digital tokens—now known as Zimbabwe Gold or ZiG—became an accepted method of payment for domestic transactions. All transactions must go through ZimSwitch …

Harare | THE Zimbabwe Electricity Transmission and Distribution Company (ZETDC) has accumulated a debt of over US$60 million from the newly commissioned Hwange Unit 7 & 8 plants, Standardbusiness can …

Dubai based Indian billionaire Shaji Ul Mulk, Founder and Chairman of Mulk International Group, who organized the highly successful recently held highly successful cricket bonanza, the Zim Afro T20 has …

Online sports betting in South Africa has grown massively in popularity, becoming one of the most popular forms of entertainment in the country. The variety of betting options available, from …

The Reserve Bank of Zimbabwe (RBZ) has released the Mosi-Oa-Tunya gold coin price and gold-backed digital token price per milligram (MG) as of 07 August 2023. In a statement seen …

Hwange Thermal Power Station Unit 7, which was recently taken off the national grid for further tests, will be back online on Monday, adding 300MW to the national output, Energy …

West Texas Intermediate remained over US$71 per barrel after rising more than 4% on Friday, when futures reversed a hefty weekly loss. While worries of a US recession and bank …

First Capital Bank (FCB) has authorized the delisting of the bank from the Zimbabwe Stock Exchange (ZSE), which would be followed by a listing on the Victoria Falls Stock Exchange …

Invictus Energy, an Australian company looking for oil and gas in the Cabora Bassa region of northern Zimbabwe, says the results of mudgas analysis for its Mukuyu-1 exploration well have …

The Reserve Bank of Zimbabwe (RBZ) is reportedly planning to stabilise the Zimbabwe dollar by introducing a new currency backed by gold tokens. The Sunday Mail reported that RBZ would …