April 2024

Rand falls as poll shows Zuma eating into ANC’s support

The rand fell from the year’s best levels after a new opinion poll showed support for the ruling African National Congress is plunging and a party backed by former President Jacob Zuma may become the country’s third-biggest.…

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April 11, 2024

International News

Retiring in your 60s is becoming an impossible goal. Is 75 the new 65?

PEOPLE are living longer, and daily life is getting more expensive. It may be time to rethink the timeline for leaving the workforce.…

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April 11, 2024

ZiG dawn whips up business optimism

BUSINESS has been cheered by the launch of the country’s new currency, the Zimbabwe Gold (ZiG), as well as the raft of other measures that were taken by the central bank last week. (more…)

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April 11, 2024

National Report

Technical issues delay listed firms’ results

SEVERAL listed companies have postponed the publication of their full-year results for FY 2023, primarily attributing the delay to technical issues related to audits. (more…)

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April 11, 2024

Opinions

Fostering a debt-free Zimbabwe for a prosperous Africa

AS WITH most debt-ridden African governments, the Zimbabwean government has been struggling to find the money for its development initiatives that lead to social protection and overall improvement of the lives of the people. (more…)

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April 11, 2024

‘Market-driven FX system to quell arbitrage’

EXPERTS say the Reserve Bank of Zimbabwe (RBZ)’s adoption of a market-determined ex - change rate could ensure price stability if consistently implemented. (more…)

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April 11, 2024

National Report

Interest rate cut a ‘stimulus’ for economy

THE Reserve Bank of Zimbabwe’s (RBZ) recent interest rate cut could stimulate economic activity by increasing loan demand, financial and banking industry players say. This development follows the recalibration of the bank policy rate from 130 percent per annum to 20 percent per annum, aligning with the new…

April 11, 2024

Pledge to cease quasi-fiscal activities hailed

By Prisca Tshuma ECONOMIC experts say the Reserve Bank of Zimbabwe’s (RBZ) cessation of quasi-fiscal activities could bolster the stability of the newly launched currency, the Zimbabwean Gold (ZiG). (more…)

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April 11, 2024

Companies & Markets

Willdale expects improved profitability …as shareholders approve plans to develop and sell off idle land

BRICKMAKER Willdale expects to pocket US$16,6 million before costs from the sale of unutilized pieces of land with proceeds to be channelled towards increasing capacity and subsequently profitability. (more…)

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April 11, 2024

Opinions

Progressive spirit by all should make ZiG work

IT is quite pleasing that the latest measures announced by the new governor of the Reserve Bank of Zimbabwe (RBZ), John Mushayavanhu, have generally lifted the mood and optimism in the country. (more…)

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April 11, 2024

Tuesday, 12 November 2024

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