Stanbic Zimbabwe lowers international card limits to $100 per month

October 26, 2017

Stanbic Bank today revised downwards its monthly limits for foreign transactions to $100 effective October 31, 2017 as foreign currency…

Nearly 50 percent of large firms in Zimbabwe now headed by women

October 26, 2017

The number of female headed companies in Zimbabwe’s manufacturing sector has risen by 8 percent, a survey by the Confederation…

How to waste $8 million in cash-strapped Zimbabwe, and what it could buy

October 26, 2017

The ruling ZANU-PF party wants to spend $8 million on a special congress meant to endorse President Mugabe as its…

Zimbabwe Stock Exchange – when will the music stop?

October 26, 2017

When the music stops, in terms of liquidity, things will be complicated. But as long as the music is playing,…

Over half Zimbabwe’s parastatals are insolvent

October 25, 2017

About 38 of Zimbabwe’s state-owned enterprises and parastatals ran cumulative losses of $270 million last year alone, an official said…

Zimbabwe manufacturing industry capacity utilisation falls to 45 percet

October 25, 2017

Capacity utilisation in Zimbabwe’s manufacturing sector declined from 47.4 percent last year to 45.1 percent in 2017, a survey by…

Mugabe- the power of lies

October 25, 2017

In the years before Mugabe took power, perceptions of him were more cardboard cut-out than reality – ranging from Marxist…

Chrome exports to drive Zimbabwe mineral earnings

October 24, 2017

The Minerals and Marketing Corporation of Zimbabwe (MMCZ) says mineral export volumes for the period January to September 2017 have…

Anglo-American’s Unki production up

October 24, 2017

Platinum production at Unki Mine in the third quarter to September 30 increased nine percent to 19 800 ounces compared…

How Zimbabwe government default on Treasury Bills could hit banks hard

October 24, 2017

Zimbabwe’s financial sector could come under great strain if government defaults on honouring maturing treasury bills, with local banks facing…