The United States could run out of money as early as 1 June

May 19, 2023

For months, the US has thundered toward a debt limit crisis. Democrats refused to negotiate, and Republicans insisted on a…

Second batch of Zimbabwe digital tokens mops out $8 billion

May 18, 2023

The second batch of gold-backed digital tokens today mopped out $8 billion to increase the tally to $22 billion in…

Zimbabwe Parliament to get tough on errant ministers

May 18, 2023

Zimbabwe Speaker of Parliament Jacob Mudenda yesterday said government ministers who give more than three apologies for failing to attend…

Masiyiwa net worth up by US$1 billion since start of 2023

May 17, 2023

In a remarkable turn of events, African billionaires who suffered significant losses in 2022 are now on the path to…

Only US$15 million to be available for auction next week

May 17, 2023

The Reserve Bank of Zimbabwe has announced that only US$15 million will be available for auction next week. The central…

Shortage of platinum could be good news for Zimbabwe

May 17, 2023

The world platinum industry expects a shortage of the metal this year – and that is good news for Zimbabwean…

Zimbabwe dollar drops to $1 404.80 to the US dollar but black market now at $2 950

May 16, 2023

The Zimbabwe dollar today fell by $192.26 against the United States dollar to average $1 404.8039 but this is way…

African Development Bank to help raise US$3.5 billion to compensate white Zimbabwe farmers

May 16, 2023

The African Development Bank plans to help Zimbabwe raise US$3.5 billion needed to compensate white farmers evicted from their land…

Bikita Minerals stops work for 7 days to address concerns raised by the government

May 15, 2023

Bikita Minerals says it is halting operations for a week to address “administrative concerns”, potentially delaying a US$200 million investment…

Only 11 basic goods exempted from import duty and tax listed but business concerned

May 13, 2023

The government has scrapped import licences as well as duty and tax on 11 basic commodities but business is already…