. . . funds set for offshore investments
Government is working on a Bill that will allow local pension funds to invest in offshore markets including on the Victoria Falls Stock Exchange which will trade in hard currency only, Finance and Economic Development Minister Mthuli Ncube has said.
Govt, banks in talks over new stock exchange
Zimbabwean authorities are in discussions with several international investment banks to support a new stock exchange that will trade exclusively in foreign currency, Finance Minister Mthuli Ncube said.
Inflation slowdown to continue
As largely expected, the inflation rate for August was significantly lower than that of July as economic players are now pricing their goods and services in line with developments on the official foreign currency exchange rate.
Bleak future for Zim chrome smelters
The global coronavirus has forced most ferrochrome producers in Zimbabwe to switch off furnaces following a plunge in prices.
Lockdown leads to data boom
On the face of it, the Covid-19 lockdown was an inadvertent blessing for Zimbabwe telecom operators.
COMMENT: Patriotic Zimbabweans must tell the real Zimbabwean story
During a recent African Development Bank (AfDB) webinar for Asian audiences, regional economic experts said despite the disruptive economic impact of the Covid-19 pandemic, Africa is still a prime investment…
Poverty Datum Line jumps 10,7 percent to $17 200, ZimStat report
Oliver Kazunga, Senior Business Reporter THE Poverty Datum Line (PDL) for an average family of five rose to $17 244,07 last month, a 10,7 percent increase from the month of…
The Voice UK star Donel signs with Warner Records and Sony/ATV
The Voice UK star Donel has inked a major US record deal with Warner Records along with a publishing agreement with Sony/ATV Music Publishing. The Zimbabwe-raised 18-year-old, who is represented…
Agribank: Some thoughts on organisational change
In August 1993, Sally Bott received a call from a New York agent of a London head-hunter. She had been with Citigroup for almost 20 years. Although she had long left the trading floor for human resources, she retained that “engaging, funny and very direct” personality typical of traders.
Postal, courier revenue drops 2,1 percent Q2
SECOND quarter revenue for Zimbabwe’s postal and courier sector declined by 2,1 percent to $69,4 million from $70,9 million in the previous quarter due to Covid-19. The regulator, Postal and…











