FX auction system disbursed US$4.08bn since inception – RBZ
By ETimes Zimbabwe has so far disbursed US$4.08 billion to businesses through the auction system since it started in June 2020, the latest data shows. The lion’s share went to…
Is the cost of doing business higher within the formal scope?
By ETimes Tax collection remains a key method of raising income for the government, but it should exist among other domestic resource mobilization strategies. However, the fact that there is…
Equities gain $369,92bn in midweek trade
…as tobacco output reaches a record high By ETimes The ZSE All Share Index gained 2,84 percent to close at 185,349.94 points while market capitalisation increased by $369,92 billion to…
Milk output in Zim up 5% in first four months
By ETimes Milk production in Zimbabwe increased by 5% in the first four months of 2023, official data shows. The latest data from the agriculture ministry’s dairy services department show…
Unfavorable rates, inflationary pressures to reduce bank’s credit extension – Zimnat
By ETimes Zimbabwe’s banks will limit credit availability owing to unfavourable rates and rising inflationary pressure, the latest report shows. Policymakers recently decided to increase the bank policy rate from…
ZSE gains $522.01bn, reviews market wide trading halt threshold
By ETimes The Zimbabwe Stock Exchange (ZSE) reviews the market-wide trading halt threshold from 10% to 15% for the ZSE All Share Index movement in line with Rule 4.13.1 of…
Public-Private partnerships drive milk output recovery
ETimes Zimbabwe’s raw milk production increased from 79,6 million litres in 2021 to 91,6 million litres in 2022, a rise of 14,3 percent and the increase has been a result…
Is Zimbabwe ready for the long grind to come?
By ETimes There is hope that Zimbabwe’s 2023 election can solve some of its economic challenges. The country has been in a deep economic crisis for many years, and the…
ZSE remains strong as RBZ warns businesses over forward pricing
By ETimes Over the past few weeks, the vibrancy witnessed on the Zimbabwe Stock Exchange has been positive amid the fast depreciation of the local currency, election mood and inflation.…
CBZ named to Global Finance Magazine’s list of Africa’s best banks
By ETimes CBZ Holdings, the country’s leading financial products and services provider, has been named among the best banks in Africa, a recent report shows. In its World’s Best Banks…