JUST IN: Reserve Bank seeks to raise $200 million through treasury bill
Oliver Kazunga, Senior Business Reporter THE Reserve Bank of Zimbabwe (RBZ) has for the second time this year gone into the market seeking to raise $200 million through the issuance…
Financial markets wilt, stocks plunge as Trump stuns with Europe travel ban
TOKYO – Financial markets reeled on Thursday as stocks dived and oil slumped after U.S. President Donald Trump took the dramatic step of banning travel from Europe to stem the spread of coronavirus, threatening more disruptions to trade and the world economy.
JUST IN: Government to pay 53 percent of schools’ exam fees
Harare Bureau Government will pay 53 percent of June and November examination fees for all candidates in public schools following an outcry over increases by the Zimbabwe School Examinations Council…
South Africa’s rand hammered by growing impact of coronavirus
JOHANNESBURG – South Africa’s rand weakened sharply on Thursday along with other emerging market currencies as concerns over the economic impact of the coronavirus intensified after the World Health Organization (WHO) declared the outbreak a pandemic.
COVID-19 causes decline in demand for Mozambican shrimp on international market
The outbreak of coronavirus has caused a cut in demand for Mozambican shrimp on the international market.
JUST IN: Binga gets $26 million devolution funds
Mashudu Netsianda, Senior Reporter BINGA Rural District Council has embarked on several capital projects after receiving part of the $26 million devolution fund from the Government. In an interview recently,…
No going back on de-dollarisation: RBZ
The Zimbabwe government on Wednesday insisted that the country was not re-dollarising despite continued use of the US dollar in the economy and expressed confidence that full de-dollarisation would be achieved in five years.
JUST IN: NPRC slams Registrar General’s office in Bulawayo for lacking humanity
Nqobile Tshili, Chronicle Reporter THE National Peace and Reconciliation Commission (NPRC) has slammed the Registrar General’s (RG’s) Office in Bulawayo for lacking a human face in dealing with citizens seeking…
ZSE, HRE in receivables financing JV
The local bourse is forging ahead with moves to broaden Zimbabwe’s capital markets, with the latest joint venture (JV) agreement between the Zimbabwe Stock Exchange (ZSE) and Harare Receivables Exchange (Private) Limited (HRE) setting the pace for the setting up of a receivables financing platform.
JUST IN: Service stations selling fuel in foreign currency hike prices
Nqobile Tshili /Andile Tshuma, Chronicle Reporters SOME Bulawayo service stations selling fuel in foreign currency have hiked prices, reportedly in response to the Zimbabwe Revenue Authority’s (Zimra) foreign currency duty…











