INFORMATION minister Monica Mutsvangwa says government has approved an arrangement between Zesa Holdings (Zesa) and some hotels in Zimbabwe, which will see the state-owned power utility receiving payment in foreign …
finance
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ZIMBABWE’S liquidity crisis is significantly hampering the central bank’s decision to minimize the country’s credit risk by alleviating non-performing loans (NPLs), an international think-tank has said. The Reserve Bank of …
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PRESIDENT Emmerson Mnangagwa’s government has been urged to swiftly grant the central bank its autonomy as part of strategies to jumpstart the country’s ailing economy. This comes after Finance minister …
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ZIMBABWE’S annual inflation reached a peak of 176 percent in June, despite assurances from government that prices will stabilise in August. The latest figures have sparked fears that the country …
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ZIMBABWE Stock Exchange (ZSE)-listed firms have suffered a string of losses in the past three weeks, triggered by the return of the local currency, a new report has revealed. The …
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THE Zimbabwe Stock Exchange (ZSE)’s turnover reached $1 billion in June, surpassing the previous annual turnover record of $926 million, which was set last year. This comes as the demand …
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CAMBRIA Africa’s (Cambria) share price fell to a three-year low in June after its subsidiary Payserv Zimbabwe (Payserv) had an impasse with local banks over fees. The Zimbabwe-focused investment company’s …
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ZIMBABWE’S trade deficit with South Africa (SA) declined by about 92 percent to $32 million in the four months to May 2019 compared to $398 million recorded in the same …
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FOREIGN investors were net buyers on the Zimbabwe Stock Exchange (ZSE) in June, purchasing shares worth of $6,5 million, with particular interest in Cassava SmarTech Zimbabwe (Cassava) and Old Mutual …
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FINANCE minister Mthuli Ncube says government is working on a plan to restore autonomy to the Reserve Bank of Zimbabwe (RBZ). In functional economies, an independent central bank facilitates price …
