Lenders, investors face huge losses

The report indicated that the emergence of a parallel market remains a possibility, particularly among the unbanked population.
By Mthandazo Nyoni Apr. 19, 2024
Mineral exports further deteriorate
Mineral exports further deteriorate
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.
By Melody Chikono Apr. 19, 2024
Telecoms note sharp investment decline
The debentures had been issued to finance Econet's expansion more than six years ago. The debt originally amounted to US$130 million.
By Melody Chikono Apr. 19, 2024
Review of the 2024 Monetary Policy Statement
For instance, the annual inflation rate rose from 34,8% in January 2024 to 47,6% in February and 55,3% in March 2024.
By Prosper Chitambara Apr. 12, 2024
2024 monetary policy: Review and analysis
In early February 2019, all the RTGS balances comprising bond notes and coins, mobile money, and bank balances were recalibrated into an RTGS dollar.
By Zvikomborero Sibanda Apr. 12, 2024
MPS, outlook conference resolutions
There is need for more policy measures earmarked at promoting savings and investments in the broader Zimbabwean economy.
By Batanai Matsika Apr. 12, 2024
Zim ripe for investment: China
Chinese ambassador Zhou Ding (ZD) spoke about the vast investment opportunities in Zimbabwe.
By Tinashe Kairiza Apr. 12, 2024
Benefits, concerns of illegal artisanal gold mining in Zim
Illegal artisanal gold mining in Zimbabwe has been a significant source of livelihood for many individuals, offering economic benefits to local communities.
By Gloria Ndoro-mkombachoto Apr. 12, 2024
Walking the sustainability talk
The sustainability reporting framework came into effect on January 1  2024 and is ushering in a new paradigm for sustainability reporting in Zimbabwe.
By Cynthia Tapera Apr. 12, 2024
Cost to serve analysis: The holy grail of profitability (11)
The total cost to serve distribution expenses should, therefore, be considered before increasing the clock speed of a supply chain.
By Charles Nyika Apr. 12, 2024
Zim’s diesel fired industry quakes as oil prices rocket
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.
By Mthandazo Nyoni Apr. 12, 2024
Risks associated with the Zim financial sector at the moment
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.
By Kevin Tutani Apr. 12, 2024
Bankers welcome monetary policy measures
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.
By Melody Chikono Apr. 12, 2024
Overcoming smartphone addiction
Social media platforms, gaming apps, and endless streams of online content provide instant gratification, leading individuals into a cycle of dependency.
By Jacob Mutisi Apr. 12, 2024
Pioneering tech company set to host inaugural ICT Summit
The summit will bring together “thought-leading policy makers and captains of industry” in the ICT space.
By Donald Nyandoro Apr. 10, 2024
Forex Trading Sessions in Tanzania
All traders should implement robust risk management strategies, including setting stop-loss
By Theindependent Apr. 6, 2024
IDBZ sets up climate change financing facility
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.
By Tatira Zwinoira Apr. 5, 2024
Fixed income instruments issuance declines
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.
By Melody Chikono
 Apr. 5, 2024
Old Mutual ploughs US$26m into alternative investments
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.
By Mthandazo Nyoni Apr. 5, 2024
Terrace Africa portfolio to breach US$50m mark
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.
By Tafadzwa Mhlanga and Belinda Chiroodza Apr. 5, 2024
Banks maintain cautious optimism
Despite the local and global economic uncertainties, AFC Holdings said the outlook remained positive.
By Melody Chikono
 Apr. 5, 2024
Ecocash seeks shareholder approval to dispose of fintech businesses
Ecocash wants to sell off its fintech businesses back to Econet
By Donald Nyandoro Apr. 2, 2024
Address currency depreciation: CZI
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.
By Mthandazo Nyoni Mar. 28, 2024
TV Sales & Home revenue rises 6%
Axia said Legend Lounge’s revenue grew by 16% on the back of volume growth of 34% against the comparative period.
By Mthandazo Nyoni Mar. 28, 2024
National Foods volumes seen rising on drought
NatFoods reported an overall sales volume increase of 3% because of a recovery in sales volumes in several sub-units.
By Mthandazo Nyoni Mar. 28, 2024
Proplastics turns to internal reserves... as official forex market struggles to meet demand
Since re-introducing the local currency in 2019 after initially abandoning it in 2009, the Zimbabwe dollar has been in turmoil.
By Tafadzwa Mhlanga Mar. 28, 2024
Powerspeed on aggressive expansion plans
Trading on the OTC market, Powerspeed aims to enhance liquidity for its shares, offering investors the chance to actively trade.
By Mthandazo Nyoni Mar. 28, 2024
Alternative Investments: Art as an alternative investment
Art is viewed as an alternative investment given that it has no correlation to the stock market.
By Batanai Matsika Mar. 28, 2024