Zimbabwe will soon face bread shortages following delays by the Reserve Bank of Zimbabwe to allocate foreign currency towards the procurement of wheat from European suppliers. According to a source,some millers have suspended operations owing to critical shortage of wheat as the RBZ stalls on settling
President Mnangagwa promised to name and shame individuals who externalized funds, but the list came with names of companies only which MDC-T saw as a move to shield ZANU PF big wigs whom they are assuming constitutes the list
Current engagements of the Diaspora community by the president and RBZ has shown that the diaspora community is keen to invest in Zimbabwe in areas such as Transport, Agriculture processing, Health Services, Insurance, Manufacturing and Tourism apart from the obvious Property Sector
Central African Building Society (CABS) has today signed a US$25 million deal with the African Development Bank group expected to help enhance the country's industrialization programme and drive economic development in line with the agenda of the new political dispensation. Speaking at the signing ceremony of
"The compliance of corporate and individuals to the Policy Note on Presidential Amnesty on externalized funds and assets as reported in the Monitory Police Statement is indeed welcome
The micro-finance sector registered a 33.68% growth in total assets over the year from $255.21 million as at 30 September 2016 to $341.17 million as at 30 September 2017. According to the Monetary Policy issued on Wednesday by the Reserve Bank of Zimbabwe (RBZ) Governor John
According to the monetary policy issued on Wednesday by the Reserve Bank of Zimbabwe Governor John Mangudya, the increase in deposits was partly attributable to increased export receipts among other factors
I have been an EcoCash Agent for the past 6-years and over those years I opened 15 outlets in and around Bulawayo. More specifically I run my small enterprise in Bulawayo South, a constituency whose MP is Eddie Cross. I have voted for him and
Government has dismissed claims that bond notes will soon be phased out, saying there are lot of fundamentals that need to be put in place before the country can do away with the surrogate currency, introduced in 2016 to contain a threatening cash crisis. This follows
The Reserve Bank Governor, Dr John Mangudya has assured Zimbabweans that his office has secured enough foreign currency to avert a potential cooking oil and fuel crisis in the country. Addressing stakeholders at the Confederation of Zimbabwe Industries (CZI) breakfast meeting in the capital on Wednesday,
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