US$100 million gold smuggled out of Zimbabwe
ZIMBABWE is losing at least US$100 million worth of gold every month, which is being smuggled out of the country through porous borders with Government now in the process of… Read more »
Category: Zimbabwe
Zimra tightens screws at Beitbridge
Trucks, mainly those carrying goods known as consolidated cargo, where a single load has multiple owners, have been piling up at Beitbridge Border Post in the last five days after… Read more »
Anjin key player in mining goals: Minister
The presence of Anjin in Zimbabwe’s mining sector is in line with Government policies, which are all aimed at transforming the economy into an upper middle income society by 2030,… Read more »
Gold deliveries drop 22% in seven months
GOLD deliveries to Fidelity Printers and Refiners (FPR) dropped by 22 percent to 12,018 tonnes in the first seven months of the year compared to 15,4 tonnes during the same… Read more »
RBZ strikes right chords as Zimdollar stabilises
The introduction of a transparent price discovery mechanism by way of the Dutch foreign exchange auction trading system on 23 June, 2020, was met with mixed views from all economic… Read more »
Illegal forex traders feel the heat
Money changers in the country are finding the going tough following the ban on mobile money agent lines and the introduction of daily transaction limits. The Reserve of Zimbabwe recently… Read more »
Zimbabwe Dollar Makes A marginal Gain, Rate At 83.32
The Zimbabwe dollar marginally gained against the United States dollar on this week’s combined SMEs and Main Foreign Exchange Auction. This week the weighted average was sitting at ZWL$83.3209, up… Read more »
Compensation Deed to push Vision 2030 agenda
Joint statement by Lands, Agriculture, Water and Rural resettlement Minister Anxious Jongwe Masuka and the Minister of Finance and Economic Development Minister Mthuli Ncube in the wake of the conclusion… Read more »
Zim relaxes land ownership regulations
1.Govt hunts for financial advisors to mobilise US$3.5 bln 2.Land was re-distributed to over 400 000 landless blacks. 3.Government agreed to compensate the white formers after years of talks 4.The… Read more »
‘Zim stuck without international support’
Zimbabwe is being forced into a corner by the refusal of multilateral lenders to lend the country more money as the nation faces economic meltdown, according to a Bloomberg report… Read more »