Kudzanai Gerede, Companies and Market Editor

THE Reserve Bank of Zimbabwe (RBZ)’s directive for companies to adopt ZiG as a functional reporting currency in a multi-currency regime has been met with cynicism, with some analysts warning of distortions in the interpretation of corporate performance.This comes as a majority of listed companies have been adopting the US$ as their reporting currency, alluding…

Unki Platinum Mine (Unki) posted a two percent decline in production output for the fourth quarter ended December 31, 2024 owing to a three-day national power outage, its parent company Anglo-American Platinum Limited (Amplats) has said.Zimbabwe experienced a one- day collapse to its power grid in December last year which resulted in a nationwide blackout.…