28.11.2023 6:55

Zimbabwe Inflation Quickens Two Months After New Price Measure

Bloomberg News
(Bloomberg) -- Zimbabwe’s annual inflation rate climbed for the first time since the recent adoption of a new price measure that reflects the widespread use of...
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25.11.2023 6:15

RBZ withdraws Avis Bank’s licence for failing to start operations

The institution failed to put in place requisite systems and structures required to commence banking business...
14.11.2023 19:55

FBC Holdings Acquires Standard Chartered Bank

The statement by the Reserve Bank of Zimbabwe (RBZ) on the acquisition of Standard Chartered Bank...
14.11.2023 9:51

Zimbabwe is back to 20-hour power cuts, with light at end of the tunnel only in 2025

Zimbabwe is once again grappling with 20-hour power cuts, with no solution in sight until 2025...
9.11.2023 7:43

Air Zimbabwe going-concern alert amid $39mn A320 dispute

"These conditions create uncertainties which cast significant doubt on the company's ability to continue as a...
1.11.2023 16:39

Zimbabwe Seeks Bids for New Sugar Milling Plant to Rival Tongaat

(Bloomberg) -- Zimbabwe has invited bids from local and international investors to set up a new...
1.11.2023 16:32

Australian businesses bought into controversial carbon credit scheme to regenerate Zimbabwean forest

Australian businesses have bought into a carbon credit scheme that promised to regenerate Zimbabwean forest but...
1.11.2023 16:16

Mozambique’s Government Revokes Concession for the Mozambique-Zimbabwe Fuel Pipeline

Mozambique’s Council of Ministers has decided that the Mozambique-Zimbabwe Pipeline Company [CPMZ] is no longer the...
31.10.2023 7:47

Mines ministry fails to recover US$14 million Hwange loan

ZIMBABWE’S Mines ministry has failed to recover a US$14 million loan extended to financially beleaguered Hwange...
31.10.2023 6:57

AirZim planes unaccounted for

ACTING Auditor-General Rheah Kujinga has exposed the rot at Air Zimbabwe which includes financial books that...
31.10.2023 6:54

Zimra can’t account for ZW$1 billion

THE Zimbabwe Revenue Authority (Zimra) has failed to account for millions of dollars in tax and...
28.10.2023 5:00

Zimbabwe extends multi-currency system to 2030

HARARE (Reuters) - Zimbabwe's government will maintain its multi-currency system, anchored by the U.S. dollar, to...
27.10.2023 22:23

Multi-currency system valid until 2030

PRESIDENT Emmerson Mnangagwa has extended the use of the multi-currency system until December 2030....
27.10.2023 22:19

Switzerland injects US$60 million for developmental projects in Zimbabwe

SWITZERLAND has launched a US$60 million fund under a new bilateral cooperation programme with Zimbabwe, as...

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