THE Reserve Bank of Zimbabwe’s (RBZ) tight monetary policy stance has curbed the rapid expansion of money supply, with the month-on-month growth of the local currency component of broad money averaging two percent in the period January to September 2025. The central bank said the month-on-month growth in the local currency component of broad money…
MINING stakeholders have called for increased adoption of sustainable practices in Zimbabwe’s mining sector to drive economic growth.Financial services Zimbabwe Speaking to the Daily News on Sunday on the sidelines of the jus tended Mine Entra, the permanent secretary for Bulawayo Provincial Affairs and Devolution, Paul Nyoni, said sustainability must be at the heart of every mining…
THE ministry of Mines and Mining Development will conduct a ‘responsible mining audit’ before the end of the year. This targets all mining operations across Zimbabwe. The effort is renewed to enforce compliance and curb environmental degradation caused by unregulated mining. Speaking at the just-ended Mine Entra Conference in Bulawayo, chief government mining engineer Michael…
THE Comesa Competition Commission (CCC) has handled 480 mergers and investigated over 50 restrictive business practices since its inception. This highlighted a regional crackdown that has recently brought major conglomerates with a footprint in Zimbabwe, such as Diageo and Heineken, into legal crosshairs with the regional commission. CCC chief executive Willard Mwemba told the media…
ZIMBABWE’S mining sector continues to anchor the country’s economic growth through its strong contributions to exports, employment, and industrial development, experts have confirmed. Speaking at the Mine Entra Expo in Bulawayo on Thursday, Zimbabwe Chamber of Mines president John Musekiwa stated that the conference theme was timely and “highly relevant at a time when the…
THE Zimbabweans in Diaspora Organisation (ZIDO) has once again hosted a successful UK-Zimbabwe Business Expo in the United Kingdom, as the organisation continues to unlock investment opportunities for diaspora-based Zimbabweans.Held…
THE International Credit Rating Agency (ICRA Rating) is hosting a symposium on credit ratings and financial stability in the capital next Thursday.The symposium will be held at The Golden Conifer, Harare, under the theme: “Credit ratings and financial stability: powering development, building resilient markets and institutions.”The Reserve Bank of Zimbabwe-accredited rating agency said the symposium…
HWANGE Colliery Company Limited Holdings has partnered with the National Federation of Zimbabwe Bodybuilding and Fitness (NFZBBF) to promote the sport and advance wellness initiatives in Zimbabwe.The partnership will see…
ZIMBABWE’s huge public debt and its tenuous de-dollarisation plan remain major issues as the country fights to lift its economy further.Experts have said this week that the country’s debt overhang was limiting access to much-needed international finance, while the de-dollarisation quest was struggling with a grudging acceptance of the ZiG.This comes after the International Monetary…
SIMBISA Brands (Simbisa) is set to fully procure its raw materials locally as part of ongoing efforts to support local manufacturers and cushion the business from high operating costs.This positions the fast-food restaurant operator — with 335 stores across Zimbabwe — as a major player in supporting domestic manufacturing and job creation.At a time when…
This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Read More