103 correspondent banks abandon Zim

Enacy Mapakame Zimbabwe is left with only two correspondent banks, down from over 105, hampering the free movement of funds across international borders, as economic sanctions continue to weigh on…

Zim crafts a national lithium policy

Business Writer  Zimbabwe is crafting a national lithium policy in a bid to attract more investment into a sector where investors are already stampeding for space, a senior official said.…

Chengetedzai hunts for unclaimed shares’ owners 

Business Writer Chengetedzai Depository Company (CDC) says individuals hold the largest number and proportion of accounts on its Central Securities Depository (CSD) while the other large portion of CSD accounts…

Why crypto’s big ‘merge’ is causing big headaches

AFP The biggest software upgrade in the short history of crypto has fulfilled its promise to wipe out more than 99 percent of the electricity used by the second-biggest cryptocurrency,…

Dominican Convent Bulawayo wins Pool C of Quiz Competition

Business Writer DOMINICAN Convent High School, Bulawayo, triumphed over its Pool C contenders in today’s edition of the ongoing Capital Markets High Schools Quiz Competition, held at the ZTN Prime studios…

Massive poll spending may stoke inflation

Nelson Gahadza As the country readies for harmonised general elections next year, fears abound the period going into 2023 will result in massive election spending that may stimulate inflationary pressures,…

Telecel workers under pressure to withdraw court application

Business Writer A  lawyer representing the person who filed an application seeking to put Telecel Zimbabwe under corporate rescue has made sensational claims that his client is being forced to…

Vision 2030 possible, but informality a threat

Business Writer Zimbabwe has the potential to achieve steady and rapid growth, and converge toward upper middle-income country (UMIC) status if it builds on its highly educated workforce, abundant natural…

RioZim mega solar plans in limbo

Golden Sibanda UNCERTAINTY over exchange control provisions to allow investors easy repatriation of their funds when due has reportedly hampered resources firm RioZim’s plans to progress four multi-million dollar solar…

Companies can turn risks into opportunities

It’s time for business to move beyond simply managing risks to addressing opportunity as the world reels under a growing climate crisis, a global pandemic, threats to democracy, and increasing…

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