BUSINESS NEWS

China’s yuan has replaced the United States Dollar (USD) as the most traded currency in Russia. This comes a year after Western sanctions were imposed on Russia over its invasion …

Professor Mthuli Ncube, the minister of Finance and Economic Development, has announced that 13 companies have been blacklisted for fueling the illegal foreign exchange market. In a statement seen by …

On Monday, Russia spelled out the requirements for agreeing to another extension of the Black Sea grain deal, and President Vladimir Putin threatened to deliver free food to African countries …

To prevent farmers from losing marketable quantities owing to curing ban capacity constraints, the Tobacco business and Marketing Board (TIMB) has introduced a Natural Air Curing System (NACS), commonly known …

Zimbabwe Stock Exchange (ZSE) shares have been on an upward trend since January 2023, mostly due to advances in large cap firms, which market observers expect to continue in the …

The migration of a number of companies from the Zimbabwe Stock Exchange (ZSE) to the US dollar-denominated Victoria Falls Stock Exchange (VFEX) is expected to continue and result in some …

The Confederation of Zimbabwe Industries (CZI) says US dollar electricity billing should be matched to the proportion of foreign currency sales given that businesses have different mixes of local currency …

Finance and Economic Development Minister Professor Mthuli Ncube, who was in Bulawayo at the weekend, met with white former commercial farmers to share insights on Government’s plan to compensate them …

Equity investors who piled into financial stocks to ride out the Federal Reserve’s harshest tightening cycle in four decades are learning that rising interest rates aren’t always a good thing. …

Dubai-based Albwardy Investments which bought Zimbabwe’s Meikles Hotel for US$20 million three years ago and vowed to upgrade what is one of the southern African nation’s most well-known establishments, has …