THE country’s total banking sector loans and advances increased by 61 percent from $142,79 billion in June 2021 to $229,94 billion in December, largely due to an increase in foreign …
finance
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METALLON Gold’s flagship low-cost bullion asset, How Mine, reported a 59 percent increase in gold output last year, driven by better efficiencies in its mining operations. Gold production was …
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ACCORDING to the Agriculture Sector Survey for 2021-2022, the most effective way of solving the collateral issues that have blunted agricultural funding is through the use of a guaranteed free …
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THE local construction sector’s Building Materials Price Index (BMPI) declined by 5,3 percentage points during the quarter to December 2021, says the Zimbabwe National Statistics Agency (Zimstat). This means the …
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BUSINESS has welcomed Reserve Bank of Zimbabwe (RBZ) governor John Mangudya’s latest Monetary Policy Statement (MPS), saying it had touched on key economic fundamentals. Speaking to The Financial Gazette yesterday, …
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FINANCE minister Mthuli Ncube says the government plans to relax rules for corporate bond listing, to allow companies to raise short to medium-term capital. Ncube said the government would make …
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THE Reserve Bank of Zimbabwe (RBZ) says the Deposit Protection Corporation (DPC) has commenced explicit deposit protection for foreign currency denominated accounts (FCAs). In a Monetary Policy Statement (MPS) this …
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ZIMBABWE’S foreign currency receipts increased from US$6,3 billion in 2020 to US$9,7 billion last year, the highest ever on the country’s books, the Reserve Bank of Zimbabwe (RBZ) has said. …
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RIOZIM says its Biological Oxidation (BIOX) plant project at Cam & Motor Mine is almost complete, with commissioning scheduled for early this year. In an interview this week, Manit Shah, …