Banking sector stable, profitable, says Governor
Africa Moyo Deputy News Editor THE local banking sector has generally been stable, safe and profitable, while non-performing loans are within the internationally accepted threshold of 5 percent,...
View ArticleEconet announces preparations for changeover from ZWL to new ZiG currency
Herald Correspondent Econet Wireless Zimbabwe has announced that it has suspended trading in the ZWL currency as it works to configure the changeover from ZWL to the new ZiG currency on its various...
View ArticleChina invites Uganda for talks on crude pipeline project financing
KAMPALA. – China has invited Uganda’s Energy minister to Beijing to discuss the country,s US$5 billion crude oil pipeline, Uganda’s presidency said last Friday. The development could signal a possible...
View ArticleKenya leaps from worst to best
In the space of a year, Kenya has gone from having the world’s worst-performing stock market to the best-performing. This information is according to BlackRock Inc., the world’s biggest asset manager,...
View ArticleCrypto trading volume reaches all-time high
The combined volume of crypto spot and derivatives trading on centralised exchanges almost doubled to an all-time high of US$9,1 trillion in March while Bitcoin reached a record, according to a CCData....
View ArticleIMF head Georgieva poised for a second term
Kristalina Georgieva is poised to win a second five-year term running the International Monetary Fund as the nomination period closed on Wednesday with no other candidates put forward to challenge her....
View ArticleExport earnings retention maintained at standardised 75pc
Business Reporter THE Reserve Bank of Zimbabwe (RBZ) has maintained the export earnings retention threshold for all businesses, except small-scale miners, at a standardised 75 percent. Last year, the...
View ArticleRBZ satisfied with currency switch progress
Business Reporter The Reserve Bank of Zimbabwe (RBZ) on Saturday noted satisfactory progress made by some financial institutions in migrating their systems from the Zimbabwe dollar to Zimbabwe Gold...
View ArticleInflation forecast to drop below 5pc by year end
Golden Sibanda Business News Editor RESERVE Bank of Zimbabwe (RBZ) Governor Dr John Mushayavanhu has projected inflation to fall below 5 percent by year end, as inflationary pressures that have...
View ArticleInaugural SMEs strategic conference begins in Chiredzi
George Maponga in Masvingo The Zimbabwe Chamber of SMEs has today launched an electronic membership platform that is expected to see more than 4,5 million players in the micro, small and medium...
View ArticleUndercapitalised can’t declare dividends:RBZ
Tapiwanashe Mangwiro Senior Business Reporter The Reserve Bank of Zimbabwe (RBZ) has directed all banks and microfinance institutions that are not compliant with the regulatory minimum capital...
View ArticleZSE re-bases indices on currency changes
Enacy Mapakame The Zimbabwe Stock Exchange (ZSE) has re-based indices following the introduction of the new structured currency Zimbabwe Gold (ZiG), as espoused in the 2024 Monetary Policy Statement...
View ArticleBonds gain as smaller debt sale draws strong bids
South African local-currency bonds were the best performing in emerging markets on Tuesday, after the government’s reduced-size weekly debt sale drew strong demand from investors.
View ArticleAfrican countries set to outperform the West
Statistics from a recent report, show that African countries with little to no resources will outperform African countries with more abundant resources.
View ArticlePromote small livestock as part of climate-proofing strategies
Welcome, dear reader, to the debut instalment of this weekly column, Farmer’s Diary.
View ArticleRural Datafication connects the unconnected
Powertel is rolling out infrastructure to rural and marginalised communities, thereby connecting the unconnected. This is building on its mandate of providing Information Communication Technologies to...
View ArticleBoeing crisis of confidence deepens, Dreamliner under scrutiny
Boeing Co faces a deepening crisis of confidence after an engineer at the US planemaker alleged the company took manufacturing shortcuts on its 787 Dreamliner aircraft in order to ease production...
View ArticleIndustry gurus to unpack digital future at ICT summit
COMPULINK Holdings, a leading information communication technology (ICT) company in Zimbabwe, will host the inaugural Evolve ICT Summit 2024 at the Harare International Conference Centre next month.
View ArticleLegal health check vital for businesses
A legal health check is essentially an audit or review of the legal affairs of a business. It is quite important but often overlooked by businesses until there is a problem.
View ArticleNBS committed to affordable housing
NATIONAL Building Society (NBS) says it remains committed to the provision of affordable housing to the majority of home-seekers through various mortgage and micro-mortgage products.
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