WestProp takes a huge gamble as it starts trading on the Victoria Falls Stock Exchange tomorrow

May 7, 2023

WestProp Holdings, which starts trading at the Victoria Falls Stock Exchange tomorrow, has taken a huge gamble after it raised…

Deck stacked against Zimbabwe’s opposition in upcoming elections

May 6, 2023

Zimbabwe is expected to hold a general election this year. However, President Emmerson Mnangagwa has yet to announce the poll…

Zimbabwe gold-backed digital tokens to sell for as little as US$10

May 5, 2023

Zimbabwe’s gold-backed digital tokens, which will be introduced on Monday, will sell for as little as US$10, making them handy…

Caledonia starts selling its own gold to an offshore refiner

May 5, 2023

Caledonia Mining has started directly exporting its gold, winning a key concession that it says will help it raise offshore…

Old Mutual joins the mobile money market. Can it challenge Ecocash and Innbucks?

May 4, 2023

It already dominates property in Zimbabwe, but now Old Mutual is moving to occupy a different kind of real estate…

Uebert Angel’s British citizenship questioned

May 3, 2023

A British peer yesterday questioned Zimbabwe’s ambassador-at-large, Uebert Angel’s British citizenship asking whether the Whitehall was investigating alleged discrepancies in…

List of what Simba Chikore and Bona Mugabe own

May 3, 2023

Simba Chikore and Bona Mugabe, President Robert Mugabe’s first child with Grace, acquired vast properties during their nine-year marriage according…

Dairibord US dollar milk sales jump from 39% to 68%

May 2, 2023

This time last year, 39% of sales at Dairibord were in US dollars. Now, according to the country’s biggest dairy…

Zimbabwe black market goes haywire

May 2, 2023

The Zimbabwe dollar today shed nearly $50 to average $1 070.4171 to the United States dollar but the black market…

Is the gold digital token part of Zimbabwe’s de-dollarisation strategy?

May 1, 2023

Zimbabwe’s de-dollarisation strategy has taken a new turn, as the Reserve Bank of Zimbabwe (RBZ) announced the launch of gold-backed…