BUSINESS NEWS

Harare | The statement by the Reserve Bank of Zimbabwe (RBZ) on the acquisition of Standard Chartered Bank by FBC Holdings: The Bank wishes to advise the banking public that …

Harare | Afreximbank has granted property developer Exodus & Company a US$141 million credit to develop land for residential and commercial developments. The agreement was inked on Saturday at the …

Eddie Cross, an economist and biographer for President Emmerson Mnangagwa, stated that the Reserve Bank of Zimbabwe’s (RBZ) “gold-backed tokens” are “a currency without any real support.” Zimbabwean Gold (ZiG), …

The cotton sector benefited more than 270 000 farmers during the 2022/23 season while 600 000 people benefited indirectly, buttressing its strategic importance towards the attainment of an upper middle-class …

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 …