News

The Zimbabwe dollar will stabilise because of increased demand for the local currency provided that the government resists the temptation to print money ahead of the elections on 23 August,…

Zimbabwe's President Emmerson Mnangagwa has ordered the central bank to stop foreign currency borrowing, as the government battles to contain a plunge in the local currency ahead of a general…

Nearly 1 400 companies and small businesses were allotted US$79.3 million at the foreign exchange auction in May bringing the total so far disbursed by the auction to US$4.1 billion.…

Indian engineering company RITES, formerly known as Rail India Technical and Economic Services, has signed a US$81.2 million contract to supply diesel locomotives and wagons to the National Railways of…

The Zimbabwe dollar today dropped to $6 713.3462 to the United States at the central bank’s wholesale foreign currency auction narrowing the gap with the black market rate of $8…

Two UK-listed companies have passed key milestones in their push to start mining lithium at separate projects in Zimbabwe, reflecting sustained interest in Zimbabwean lithium despite an uncertain outlook for…

The Zimbabwe dollar has depreciated by 647% this year but this is hurting those in the formal sector most, IH Securities says in its latest consumer report. The local currency…

Zimbabwe has recorded its highest-ever tobacco output, earning US$793 million so far, and the small-scale farmers who have made it possible are demanding a bigger say in how their crop…

Zimbabwe’s Parliament has okayed nomination fees that were gazetted last year saying they do not infringe the country’s constitution. This was after Parliament’s Legal committee met on 12 June and…

The Member of Parliament for Harare North, Allan Markham, today stormed out of Parliament after Joseph Chinotimba referred to him as white, saying he is disgusted by the racism from…