The report indicated that the emergence of a parallel market remains a possibility, particularly among the unbanked population.
Business Digest
By Mthandazo Nyoni
Apr. 19, 2024
The oil expression plant, to be set in Gokwe, will be producing 60 metric tonnes per day and approximately 450 metric tonnes weekly.
Business Digest
By Blessed Ndlovu
Apr. 19, 2024
This is why most locals are opting to buy second hand vehicles, which are more affordable as credit terms are very scarce.
Business Digest
By Tatira Zwinoira
Apr. 19, 2024
The government has set a new US$40 billion by 2030 target for the mining sector. This came as the industry recorded US$20,5 billion in exports over the past five years.
Business Digest
By Melody Chikono
Apr. 19, 2024
The debentures had been issued to finance Econet's expansion more than six years ago. The debt originally amounted to US$130 million.
Business Digest
By Melody Chikono
Apr. 19, 2024
For instance, the annual inflation rate rose from 34,8% in January 2024 to 47,6% in February and 55,3% in March 2024.
Business Digest
By Prosper Chitambara
Apr. 12, 2024
In early February 2019, all the RTGS balances comprising bond notes and coins, mobile money, and bank balances were recalibrated into an RTGS dollar.
Business Digest
By Zvikomborero Sibanda
Apr. 12, 2024
There is need for more policy measures earmarked at promoting savings and investments in the broader Zimbabwean economy.
Business Digest
By Batanai Matsika
Apr. 12, 2024
Chinese ambassador Zhou Ding (ZD) spoke about the vast investment opportunities in Zimbabwe.
Business Digest
By Tinashe Kairiza
Apr. 12, 2024
Illegal artisanal gold mining in Zimbabwe has been a significant source of livelihood for many individuals, offering economic benefits to local communities.
Business Digest
By Gloria Ndoro-mkombachoto
Apr. 12, 2024
The sustainability reporting framework came into effect on January 1 2024 and is ushering in a new paradigm for sustainability reporting in Zimbabwe.
Business Digest
By Cynthia Tapera
Apr. 12, 2024
The total cost to serve distribution expenses should, therefore, be considered before increasing the clock speed of a supply chain.
Business Digest
By Charles Nyika
Apr. 12, 2024
In the last quarter of 2023, the report noted that crude oil prices were going down, having peaked at about US$92 per barrel in September 2023.
Business Digest
By Mthandazo Nyoni
Apr. 12, 2024
There is also the problem of a compromised new currency, which has been made vulnerable through introducing it too fast, beyond what market participants can comprehend.
Business Digest
By Kevin Tutani
Apr. 12, 2024
In an interview with businessdigest, BAZ president Lawrence Nyazema said the fact that the monetary authorities were maintaining the multi-currency system was a positive move.
Business Digest
By Melody Chikono
Apr. 12, 2024
Social media platforms, gaming apps, and endless streams of online content provide instant gratification, leading individuals into a cycle of dependency.
Business Digest
By Jacob Mutisi
Apr. 12, 2024
The summit will bring together “thought-leading policy makers and captains of industry” in the ICT space.
Business Digest
By Donald Nyandoro
Apr. 10, 2024
All traders should implement robust risk management strategies, including setting stop-loss
Business Digest
By Theindependent
Apr. 6, 2024
Plans on implanting smart technology on its properties and to improve environmental, social and governance (ESG) standards in the long run, are in the pipeline.
Although the ZSE trading system is capable of trading debt instruments, listing of government bonds had also been derailed due so some policy issues that needed redress.
Business Digest
By Melody Chikono
Apr. 5, 2024
This comes as the costs of climate action in Zimbabwe are estimated at US$10 billion for adaptation and US$4,8 billion for mitigation, according to the World Bank.
Business Digest
By Tatira Zwinoira
Apr. 5, 2024
Despite the local and global economic uncertainties, AFC Holdings said the outlook remained positive.
Business Digest
By Melody Chikono
Apr. 5, 2024
This was disclosed by the group’s chief executive officer Samuel Matsekete in his statement accompanying the firm's financial results for the year ended December 31, 2023.
Business Digest
By Mthandazo Nyoni
Apr. 5, 2024
Ecocash wants to sell off its fintech businesses back to Econet
Business Digest
By Donald Nyandoro
Apr. 2, 2024
In July 2022, the Reserve Bank of Zimbabwe (RBZ) introduced physical gold coins as an alternative store of value to the United States (US) dollar in the economy.
Business Digest
By Mthandazo Nyoni
Mar. 28, 2024
Axia said Legend Lounge’s revenue grew by 16% on the back of volume growth of 34% against the comparative period.
Business Digest
By Mthandazo Nyoni
Mar. 28, 2024
NatFoods reported an overall sales volume increase of 3% because of a recovery in sales volumes in several sub-units.
Business Digest
By Mthandazo Nyoni
Mar. 28, 2024
Since re-introducing the local currency in 2019 after initially abandoning it in 2009, the Zimbabwe dollar has been in turmoil.
Business Digest
By Tafadzwa Mhlanga
Mar. 28, 2024
Dictionaries are a valuable and effective tool in teaching and learning the English language.
Business Digest
By Jacob Mutisi
Mar. 28, 2024
Additionally, the OpenAI Help Centre lists Zimbabwe among the supported countries and regions where ChatGPT is available on web and mobile.
Business Digest
By Naison Bangure
Mar. 28, 2024
The United Nations (UN) sustainable development goal number 11 speaks of ensuring access for all to adequate, safe, and affordable housing and basic services by 2030.
Business Digest
By Mike Juru
Mar. 28, 2024
Your leadership as board chairperson is pivotal to the success of your organisation.
Business Digest
By Memory Nguwi
Mar. 28, 2024
Also, the DSSI is temporary and not a targeted instrument, and many private creditors have declined to participate in this initiative.
Business Digest
By Zvikomborero Sibanda
Mar. 28, 2024
Corporate failures can have far-reaching consequences for economies, societies, and governments, impacting employment, investor confidence, and public finances.
Business Digest
By Gloria Ndoro-mkombachoto
Mar. 28, 2024
The experience enables students with disabilities to develop confidence and self-advocacy skills required in education and career development.
Business Digest
By Deborah Tigere
Mar. 28, 2024
Trading on the OTC market, Powerspeed aims to enhance liquidity for its shares, offering investors the chance to actively trade.
Business Digest
By Mthandazo Nyoni
Mar. 28, 2024
Wilson's ground-breaking study in 1967 found that three key factors that determine any form of well-being are excellent health, quality education and high incomes.
Business Digest
By Ignetious Banda
Mar. 28, 2024
These alternatives not only offer resilience in the face of a drought, but also provide a sustainable pathway towards ensuring food security for both animals and humans.
Business Digest
By Kudakwashe Gwabanayi
Mar. 28, 2024
People with emotional intelligence collaborate easily because they recognise that the strength of individual differences is critical to making a whole.
Business Digest
By Charles Nyika
Mar. 28, 2024
Art is viewed as an alternative investment given that it has no correlation to the stock market.
Business Digest
By Batanai Matsika
Mar. 28, 2024
In aviation, a flag carrier, is an airline company, which enjoys direct government support and privileges, whilst it also represents its home country, internationally.
Business Digest
By Kevin Tutani
Mar. 28, 2024
“Zimbabwe imports more than it exports to the rest of the world with a trade deficit for the five years under observation, which has slightly declined by 27% comparing 2018 and 2022,” it said.
Business Digest
By Mthandazo Nyoni
Mar. 22, 2024
Gold output increased by 25% in January this year, compared to January last year. The output, however, decreased by 22% in February.
Business Digest
By Mthandazo Nyoni
Mar. 22, 2024
Zimbabwe is battling to upgrade colonial infrastructure at a time there was an influx of rural to urban migration.
Business Digest
By Melody Chikono
Mar. 22, 2024
The TBCZ is the representative association for all travel and tourism operators and is the umbrella body for 15 sectoral sub-associations.
Business Digest
By Staff Writer
Mar. 22, 2024
The government imposed a fee of US$0,002 per gramme of sugar found in beverages at the start of the year. However, in response to industry criticism, the tax was lowered to US$0,001.
Business Digest
By Melody Chikono
Mar. 22, 2024
This article explores the importance of benchmarking salaries and their benefits for employers and employees.
Business Digest
By Memory Nguwi
Mar. 15, 2024
Gender equality is a human rights issue and a necessity for advancing an inclusive society.
Business Digest
By Deborah Tigere
Mar. 15, 2024
As such, nations have the impossible choice of either serving the people or servicing their debts.
Business Digest
By Zvikomborero Sibanda
Mar. 15, 2024
Financially excluded women encounter numerous challenges to accessing and using financial products.
Business Digest
By Natasha Sibanda
Mar. 15, 2024