Business

The Reserve Bank of Zimbabwe (RBZ) published the prices of the Mosi Oa Tunya Gold Coin and the Gold-backed Digital Token as of 11 May 2023. The values provided represent the prices in different currencies US dollars, South African Rand, Botswana pula, British pounds, Australian dollars, Euros and Zimbabwean dollars. …

Many Zimbabweans living in cities could be evicted from rented houses, as the local unit continues in a tailspin, eroding purchasing power, several reports indicated this week, as desperate authorities were locked in ad hoc meetings to thrash out a solution. According to the Zimbabwe Price Check (ZPC), which tracks …

GOVERNMENT has lifted all restrictions on the importation of basic commodities to boost market supplies and granted 100 percent retention of domestic foreign currency earnings, with a further fine-tuning of the official foreign exchange auction system expected to tackle resurgent price madness and stabilise the economy. In addition, Treasury will …

While many Zimbabweans who have migrated to the United Kingdom (UK) have found a new lease on life, others have found themselves facing serious challenges. These hopeful migrants left their home country with the dream of improving their economic situation only to find that the reality of their situation upon …

Belarus will exhibit at this year’s edition of the Zimbabwe International Trade Fair (ZITF) for the first time ever, as relations between Harare and Minsk continue to grow from strength to strength following President Alexander Lukashenko’s recent State visit. Zimbabwe will in turn reciprocate the gesture by participating at the …

Zimbabwe has ratified 17 Bilateral Investment Protection and Promotion Agreements (BIPPAs) as it commits to protect investors, 22 years after it watched as land under protection was seized during the fast track land reform exercise. Zimbabwe is under pressure from the international community to compensate for land seized despite being …

Bindura BureauRoad users of the Bindura-Shamva highway are set to find traveling much easier following the partnership between the ministry of Transport and Infrastructural Development, Shamva Gold Mine, and Freda Rebecca Gold Mine (subsidies of Kuvimba Mining House) to rehabilitate the road.  According to a top official in the Transport …

The Reserve Bank of Zimbabwe (RBZ) has tightened its stance on cryptocurrencies amid fears it will struggle to control the value of cryptos used by the population and failure to protect vulnerable consumers, Business Times can report. RBZ director of economic research and policy, Nebson Mupunga, said it will be …

With keen interest to reposition itself as a must visit tourism destination in Southern Africa, Zimbabwe is part of 185 countries participating at this years International Tourism Bourse (ITB), starting today in Germany.  The country is being represented by the Ministry of Environment, Climate, Tourism and Hospitality Industry together with …

The persistent power supply challenges dampened production for sugar refiner-Star Africa Corporation during the third quarter to December as it reduced plant time. A number of companies have been affected by the ongoing electricity cuts which are likely to weigh down on profit. In its Q3 trading update, the group …