Microfinance sector dumps local currency
According to national statistics, over 80% of transactions are now in foreign currency, with the dominant currency being the greenback, as the market has rejected the local currency.
By Melody Chikono
Jun. 12, 2024
Nedbank MD urges investors to drive ESG
The conference was held under a partnership between the Zimbabwe Independent, Zimbabwe Stock Exchange, and Securities and Exchange Commission of Zimbabwe.
By Melody Chikono and Blessed Ndlovu
Jun. 9, 2024
Byo residents nab copper cable thieves
The power utility says it is losing millions in United States dollars annually to theft and vandalism of its infrastructure.
By Margaret Lubinda
Jun. 9, 2024
When leaders don't practice what they preach
We are talking about a man who is about to end his second term and already he has introduced two local currencies, the RTGs, and now the ZiG.
By Gary Gerald Mtombeni
Jun. 2, 2024
Candid Comment: NRZ must not send us on another wild goose chase
If NRZ bosses disagree they must explain why this important national asset has had a string of promising transactions that flop, but the pilgrimage has continued.
By Shame Makoshori
May. 24, 2024
Metbank eyes more forex loans to drive profitability
A monetary gain and fair value adjustment were the main drivers of profit after tax.
By Blessed Ndlovu
May. 1, 2024
Premium
UZ bosses in allowance storm
Departmental chairpersons and faculty deans received US$1 000 and US$1 400 respectively, a source privy to the matter told NewsDay during the weekend.
By Miriam Mangwaya
Apr. 29, 2024
Why forex black market is thriving despite mass arrests
Reserve Bank of Zimbabwe governor John Mushayavanhu says the ZiG will gain more acceptance with time and this will reduce demand for US dollars.
By Tafadzwa Mhlanga
Apr. 28, 2024
InnBucks, beyond what meets the eye
My first interaction with Innbucks was at a Simbisa outlet back in 2021, and just like any new product on the market, it was under some promotion of some sort.
By Rufaro Hozheri
Apr. 26, 2024
