Zimbabwe’s merry-go-round finance measures fail to cheer up economy

New gold coins, an interest rate at 200% - among the highest in the world – and jotting down the legal currency status for US dollars...

Reprieve for Sibanye, Amplats and Implats as Zimbabwe drops 5% levy

The government of Zimbabwe has dropped a planned 5% levy on exports of unbeneficiated platinum as...

Zim backtracks on shutting bank lending after firms shut facilities

The Reserve Bank of Zimbabwe has backtracked on its blanket directive to stop banks' lending activities...

Zim businesses blast govt’s new capital controls

The business sector in Zimbabwe has criticised new capital controls announced by President Emerson Mnangagwa at...

Despite ‘engagements’, SAA has about R1 billion stuck in Zimbabwe

SAA still has about R1 billion stuck in Zimbabwe which it can't get out due to...

Invasion of Ukraine puts Zimbabwe maize crop at risk

Russia’s invasion of Ukraine is putting food security in an African nation 11 000km to the...

Zimbabwe billionaire retires from Econet to pursue new prospects

Zimbabwean telecommunications billionaire and founder of Econet Wireless Zimbabwe, Strive Masiyiwa has retired from the company...

Omicron drives record positive Covid-19 cases in Zimbabwe

As the omicron variant of the coronavirus spreads, Zimbabwe is reporting record daily cases and its...

Zim reserve bank maintains policy rates, eyes 60% year-end inflation

Finance Minister Mthuli Ncube has projected that Zimbabwe's economy will grow by 5.5% in 2022 compared...

Zimplats invests R28 billion into new mine and solar power plant

Zimplats, the Zimbabwean unit of Impala Platinum, has announced a new $1.8 billion (about R28 billion)...

Zimbabwe doubles spending as it targets growth of 5.5% in 2022

Part of the money will be channeled to infrastructure and state-owned companies, including to recapitalise the...

Zimbabwe’s power utility to finish new coal-fired units in 2022

Zimbabwe's state-owned power utility expects to complete the addition of coal-fired units next year, bucking a...

Pandora Papers: Inside Zimbabwean tycoon Billy Rautenbach’s offshore family trust

It started with a marriage settlement....

Zimbabwe among countries that owe airlines R15 billion for services

The International Air Transport Association says a number of countries are preventing nearly $1 billion of...

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