When Tawanda Nyambirai launched the TN Livestock Trust back in 2013 there was a lot of buzz, both negative and positive. We all thought the cattle bank closed shop or… Read more »
A new currency regime in Zimbabwe robbed Bell Equipment of a record financial year, giving the company a R87.4-million “ankle-tap that went straight to the bottom line”, said CEO Leon… Read more »
THE Reserve Bank of Zimbabwe (RBZ) has been criticised for failing to deal with value loss in account balances and fixing an unreasonably low exchange rate in its Monetary Policy… Read more »
THE Reserve Bank of Zimbabwe (RBZ) has granted large scale tobacco farmers permission to retain foreign currency earned from the initial 30 to 180 days with authorities triggering the “use… Read more »
THE Zimbabwe Women’s Microfinance Bank (ZWMFB) has disbursed loans worth close to RTGS$4 million having opened over 50 000 accounts nationwide, since it started operating June last year, with Midlands… Read more »
The recent decision by the monetary authorities to float the currency and let the value be determined by market forces, has generated some form of stability, a renowned economist John… Read more »
THE inter-bank foreign exchange market has so far traded over $33 million since its introduction towards the end of last month, an official has said. Speaking at the Institute of… Read more »
Zimbabwe’s annual inflation has risen to a 10-year high since hyperinflation, but month-on-month prices are beginning to drop as monetary reforms aimed at combating inflation, addressing foreign currency shortages and… Read more »
DIVERSIFIED milling firm, National Foods Limited, says it has struck a deal with the Reserve Bank of Zimbabwe to assume its legacy debt amounting to $54,9 million owed to one… Read more »
STRUGGLING chemical manufacturer, Zimchem could soon start asking customers to bring their own raw material for processing as it battles recurrent shortages which are threatening the firm’s viability. This was… Read more »
