Stories

Back in May, Reserve Bank of Zimbabwe  (RBZ) governor John Mangudya announced plans to introduce bond notes as a measure to ease an acute banknote shortage.  The  RBZ’s handling of…

Zimbabwe introduced its new currency today to mixed market reaction — broad acceptance by major retailers, informal traders and public transport operators — but without the crucial buy-in of fuel…

Bindura Nickel Corporation (BNC) today reported a profit after tax  of $1.2 million in the six months to September from a loss position of $3.4 million last year, driven by…

Plastic products manufacturer Proplastics today commissioned a new $1.5 million PVC plant which will increase production by 60 percent. The new plant will raise production by 360 tonnes monthly from…

Public hearings on bond notes will be held throughout the country from tomorrow to Saturday by two teams from Parliament’s Finance and Economic Development Committee. It is not clear what…

Local investors are taking refuge in local stocks ahead of the central bank’s introduction of bond notes, a token currency that will trade a par with the greenback. Analysts say…

Zimbabweans should be free to settle wherever they want because this is our country, a Member of Parliament said in apparent reference to sentiments by Musikavanhu legislator Prosper Mutseyami that…

The Zimbabwe Stock Exchange industrial index gained 4.19 percent to close at 131.65  points for the week on Friday while the mining index advanced by an impressive 26.10 percent to…

We live in a world that romanticises crises. This gives rise to the false prophets, the smooth operators, the gangsters, and the demagogues who would have us believe that we…

Zimbabwe will release the much talked about bond notes on Monday but will limit withdrawals of the new currency to $50 a day with a maximum of $150 a week…