‘Interest rate adjustments need due diligence’ Zimnat

Business Writer Zimnat believes the new policy rates will need meticulous adjustments as there is need for a ZiG currency inflation for proper adjustments before losses are made on investments…

National Building Society redeems value from its landbanks

Francis Gakanje National Building Society (NBS) a local financial institution has said it is now redeeming value from its strategic land banks dotted in the country. According to Shingai Mutumbwa…

Agriculture Commodity Prices – Mbare Market 11 April 2024

Potato/Pocket Chat US$4-US$6 Small US$5- US$6 Medium US$8-US$10 Large US$11-US$12 Extra large US$13-US$14 Tomatoes 30kg sandak US$10-US$16 Wooden box US$2-US$4 Plastic dish US$1 Vegetables Cabbage head US$0,50-US$1 Covo/bundle US$4-US$5 Rape/bundle…

Questions and Answers on Structured Currency Zimbabwe Gold -ZiG

Below are Questions and Answers on Structured Currency (Zimbabwe Gold -ZiG) introduced by the Reserve Bank of Zimbabwe on Friday last week.  The RBZ prepared these questions and answers as…

Dr Mushayavanhu breakfast meeting, points to note

Business Writer The Zimbabwe Dollar (ZimDollar) remains legal tender until April 30, 2024 when ZiG comes into circulation. No more 10 percent trading margin charged by businesses. The 21-day transitional…

RBZ issues directive to regulate foreign currency dealings

Tapiwanashe Mangwiro The Reserve Bank of Zimbabwe (RBZ) through the Exchange Control department, has issued administrative guidance and compliance parameters to authorised dealers of foreign currency. Exchange Control acting director,…

Caledonia appoints COO

Business Writer Victoria Falls Stock Exchange (VFEX) listed resources group, Caledonia Mining Corporation, has appointed James Mufara as chief operating officer with effect from May 1, 2024. Mufara (49) was…

Zimbabwe’s currency shift bites, leaving many struggling

Martin Kadzere Zimbabwe’s recent switch to the ZiG currency, touted as a solution to hyperinflation, is causing unintended hardship for ordinary citizens as a lack of change has led to…

Meikles, NMB join ZSE Top 10 list

Business Writer Meikles and NMB Bank Limited have joined the Zimbabwe Stock Exchange’s (ZSE) Top 10 Index constituents list after registering considerable gains during the first quarter of 2024. The…

Gold Backed Digital Tokens (GBDT) to remain functional

Tapiwanashe Mangwiro The Reserve Bank of Zimbabwe has assured the investing public that their endowments in the Gold Backed Digital Tokens (GBDT) will not be converted to the new ZiG…

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