Policy stability seen as key . . . as African central bankers’ terms end

Time is running out on the first terms of Nigeria’s Godwin Emefiele, Kenya’s Patrick Njoroge and South Africa’s Lesetja Kganyago. While all three are eligible to serve another term at…

Palladium touches record peak in Europe

Palladium touched a record peak on Wednesday after a Chinese official said the government was contemplating policies to increase domestic buying of automobiles, while gold regained upward momentum from a…

Forex poser as black market pales… Govt to meet industry over the matter

Martin Kadzere The tightening of laws to curb illegal foreign currency trading in the country has reportedly left many companies, particularly those outside the Reserve Bank of Zimbabwe foreign currency…

Coal suppliers demand cash upfront

Golden Sibanda Major coal suppliers to Zimbabwe Power Company (ZPC), the generation arm of State power utility Zesa Holdings, are demanding prepayments to guarantee security of coal supply, according to…

UPDATED: Delta reverses decision to charge in forex

<<<<<UPDATED>>>>> Business Writer  Delta Corporation on Thursday rescinded a decision to sell its products in foreign currency after the Reserve Bank of Zimbabwe (RBZ) assured the beverage manufacturer it will…

Zamco to dispose of bad loans

Martin Kadzere The Zimbabwe Asset Management Company (Zamco) is hoping to conclude five deals with investors seeking to take over bad debts that the State-owned asset firm took over from…

Fresh hurdles for Zisco’s $1bn deal… Govt unhappy with original agreement

Martin Kadzere Government has set new conditions to a Chinese investor seeking to acquire shareholding in the Zimbabwe Iron and Steel Company after it emerged the original agreement could have…

‘Strong interest for pre-paid MasterCard’

Golden Sibanda Cabs — the banking unit of Old Mutual Zimbabwe — says it has witnessed strong interest from clients keen on opening prepaid MasterCard accounts administered by the building…

Zim keen on mining transparency

Africa Moyo Zimbabwe is set to join a top global mining institution, the Extractive Industries Transparency Initiative (EITI), as it seeks to subscribe to international best practices in the management…

ZSE 2018 performance in charts

Taking Stock Kudzanai Sharara It’s not a surprise that activity on the Zimbabwe Stock Exchange for 2018 was largely higher than what has been experienced over the years. To put it…

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