Treasury Bill issue raises $500m
The Reserve Bank of Zimbabwe (RBZ) raised $550 million through the latest Treasury Bills (TBs) issuance last week after it issued a one-year paper targeted to raise $1 billion.
30 Zim companies to showcase at Malawi Solo Exhibition
ABOUT 30 Zimbabwean companies are expected to showcase their products at the Malawi Solo Exhibition scheduled for next week in Lilongwe.
BNC on growth trajectory
Resources group, Bindura Nickel Corporation (BNC), is pursuing its goal of producing 10 000 tonnes of nickel per annum backed by a huge resource base at its Trojan Nickel Mine and other mines across the country.
Stanbic Bank Zimbabwe 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).
JUST IN: Liberalise exchange controls, says CZI
The Confederation of Zimbabwe Industries insists, exchange controls in the country “need to be liberalised as the gap between the official rate and the parallel market continues to widen creating undesirable arbitrage opportunities.”
JUST IN: Annual inflation continues to slow
Zimbabwe’s official year on year inflation rate for the month of June 2021 slowed to 106.64 percent from 161.9 percent in May, according to Zimstat.
JUST IN: Zimbabwe says it lost a third of its gold output to smugglers
Reuters Zimbabwe last year lost around a third of its average gold production to the black market, the national money printer and gold exporter said Tuesday. The smuggling of gold,…
JUST IN: Kuvimba Mining House pays US$5,2 million dividend
Kuvimba Mining House (KMH) has paid an inaugural US$5.2 million dividend to Government and other local shareholders following a positive performance during the financial year ended 31 March 2021
Government, and various local investment vehicles such as Sovereign Wealth Fund of Zimbabwe, Public Service Pension Management Fund, Deposit Protection Corporation, Insurance and Pensions Commission, Datvest Nominees, and National Venture Capital Company of Zimbabwe owns Kuvimba Mining House Group.
Seed Co to relist on ZSE
SeedCo Limited (Zimbabwe) is set to relist on the Zimbabwe Stock Exchange on 21 June 2021 after the Reserve Bank of Zimbabwe declined to approve its acquisition by SeedCo International Limited.
Zimplow to leverage on agric growth
Agriculture and mining implements firm, Zimplow Holdings Limited, is angling for continued growth that will be underlined by agriculture, mining and infrastructure which are all key pillars of the National Development Strategy (NDS).











