Third wave surge tops second one
The World Health Organisation Africa said the continent’s Covid-19 surge now topped the second wave peak of the pandemic.
‘Treasury audits blocked funds’
Treasury has started validating blocked funds estimated at over US$1 billion, which could not be repatriated due to shortage of foreign currency, for consolidation into national debt.
Stanbic Bank Zim earns top-class rating
STANBIC Bank Zimbabwe has been awarded top class rating for its operating performance across the board by Africa’s leading credit rating agency GCR Rating (GCR).
Caledonia to list on Vic Falls Exchange
Resource exploiting giant, Caledonia Mining Corporation, has announced it is commencing the process of listing on the newly established Victoria Falls Stock Exchange (VFEX).
Regulation changes increase risk of illicit financial flows
Recent changes in regulations have seen rising United States dollar cash flows in the economy, which increases the risk of illicit financial flows (IFFs), observers say.
Bulls, bears make money and pigs get slaughtered
A few weeks ago, I wrote that it is not advisable to be buying high-flying Zimbabwe Stock Exchange-listed stocks when they are way past their intrinsic valuations unless their fundamentals support the premium share prices.
Kuvimba eyes stake in Zisco
Diversified miner, Kuvimba Mining House, is reportedly among top companies that submitted bids for a majority stake in Zimbabwe Iron and Steel Company (Zisco), sources close to the development have revealed.
Regional diversification pays off for ZHL
Listed holdings company, Zimre Holdings Limited (ZHL), says strong performances by its Botswana and Mozambique operations helped the group push through slow business activity occasioned by the Covid-19 pandemic, as its topline for the year to December 2020 rose 11 percent on an inflation-adjusted basis.
Unpacking the latest MPC statement
Last week, the Reserve Bank of Zimbabwe’s Monetary Policy Committee (MPC) released a statement following its deliberations on recent economic and financial developments and their implications on monetary policy.
Treasury to offer inflation-indexed fixed assets
Treasury says it will soon be able to offer inflation-indexed fixed assets, as well as United States dollar denominated ones, to give institutional investors improved assets to invest in.











