Posts by Charles Rukuni

Zimbabwe’s gold-backed digital tokens, which will be introduced on Monday, will sell for as little as US$10, making them handy for transactions. The tokens will mainly serve as a store…

Caledonia Mining has started directly exporting its gold, winning a key concession that it says will help it raise offshore capital for expansion in Zimbabwe. The company says it has…

It already dominates property in Zimbabwe, but now Old Mutual is moving to occupy a different kind of real estate – in the digital space. Old Mutual, the country’s biggest…

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

Simba Chikore and Bona Mugabe, President Robert Mugabe’s first child with Grace, acquired vast properties during their nine-year marriage according to a list released by Chikore in their divorce proceedings.…

This time last year, 39% of sales at Dairibord were in US dollars. Now, according to the country’s biggest dairy processor, USD sales were up 68% in the first quarter,…

The Zimbabwe dollar today shed nearly $50 to average $1 070.4171 to the United States dollar but the black market has gone haywire with the swipe rate at $2 300,…

Zimbabwe’s de-dollarisation strategy has taken a new turn, as the Reserve Bank of Zimbabwe (RBZ) announced the launch of gold-backed digital tokens on 8 May. This move aims to provide…

A bid by Harare-based property company, Westprop Holdings, to list on the Victoria Falls Stock Exchange, failed dismally when the company raised less than 10% of the amount it was…

The Reserve Bank of Zimbabwe will introduce gold-backed digital tokens which will serve as both a store of value as well as a means of payment on 8 May. Tokens…