Is ZiG in sync with BRICS’ golden path?
By ETimes Assuming that Zimbabwe has the resources to contribute as a paid-up member, there could be benefits to joining the New Development Bank (NDB). This comes as the southern…
Equities see further decline, investors lose ZiG670.68 million
By ETimes HARARE – Investors on the local bourse lost ZiG670.68 million at the end of trading and extended losses from the previous session as the market took time to…
ZSE lukewarm on ZiG currency debut
By ETimes The past week marked the beginning of the usage of the Zimbabwe Gold (ZiG) currency in Zimbabwe after the Reserve Bank of Zimbabwe’s 2024 Monetary Policy which phased…
FY2023| Masimba receives adverse opinion from external auditor
By Stephen Chandisareva HARARE – Construction firm Masimba Holdings has received an adverse opinion from its external auditor, Grant Thornton for its 2023 financial results. The main issue raised by…
Policy discipline key for ZiG success – Old Mutual Securities
By ETimes The Reserve Bank of Zimbabwe (RBZ) governor Dr John Mushayavanhu in his latest Monetary Policy Statement (MPS) said the country is abandoning its foreign currency auction system and…
Basic food basket costing 1,000 ZiG
By ETimes The Reserve Bank of Zimbabwe (RBZ) introduced a new currency, Zimbabwe Gold (ZiG) which phased out the Zimbabwe Dollar and a citizen needs about 1000 ZiG for a…
ZSE extends gains as ZiG continues to strengthen
By ETimes HARARE – The Zimbabwe Stock Exchange (ZSE) extended gains on Wednesday as Zimbabwe Gold (ZiG) continued to gain against the greenback amid rapid dollarisation of the economy. It…
Govt, RBZ to consolidate reserves
By Stephen Chandisareva HARARE – The government says it will supplement apex bank reserves with an additional US$300 million meant to stabilize the recently introduced currency, Zimbabwe Gold (ZiG). But…
RBZ cuts policy rate by 1333 bps, targets 2-5% USD inflation annually
By Stephen Chandisareva HARARE – Zimbabwe has announced a 1333 basis point cut in the key policy rate to 130% down from 150% due to a sustained decline in inflation…
Lack of funds delays hiring of a substantive company secretary: Willdale
By ETimes HARARE – One of the major shareholders in Willdale has raised an issue about a “significant conflict of interest” concerning the current finance director, Mavuto Munginga, who holds…