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…

Westprop listing fails dismally, company raises less than US$300 000 against target of US$40 million

April 30, 2023

A bid by Harare-based property company, Westprop Holdings, to list on the Victoria Falls Stock Exchange, failed dismally when the…

Zimbabwe to introduce gold-backed digital tokens on 8 May

April 28, 2023

The Reserve Bank of Zimbabwe will introduce gold-backed digital tokens which will serve as both a store of value as…