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…
IMF remains committed to supporting drought hit SSA countries
By Stephen Chandisareva HARARE – In the wake of the severe impact of the El Nino induced drought that has devastated the southern Africa region, the International Monetary Fund (IMF)…
BAT updates sustainability agenda
By Climate Brief British American Tobacco Zimbabwe (BAT) says it has refreshed its sustainability agenda to reflect the changing external environment. The cigarette manufacturer says it remains clear that reducing…
ZSE resumes after Easter with $2.78 trillion gain
By Stephen Chandisareva HARARE – Trading on the Zimbabwe Stock Exchange (ZSE) resumed after the Easter holidays on Tuesday with a gain of 3.46% riding on a persistent bullish trend.…
FBC Holdings in impressive performance in face of challenges
By ETimes HARARE – In a year marked by economic uncertainties and evolving regulatory landscapes, FBC Holdings (FBC) emerged with commendable financial results for the full year ending December 2023.…