Zimbabwe to clear diamond stockpile

Expects better earnings MMCZ to conduct regular sales

RBZ decision to enhance rewards to exporters fantastic: Chanakira

Kudzanai Sharara The decision by the Reserve Bank of Zimbabwe to enhance rewards to exporters as well as give assurance of ease access to foreign currency is fantastic, banker and…

Monetary Policy Statement, a hit or miss?

Kudzanai Sharara Taking Stock “Enhancing financial stability to promote business confidence.” This was the theme of the 2018 Monetary Policy Statement presented by Reserve Bank of Zimbabwe governor Dr John…

Tapping into Diaspora remittances for growth

Victor Bhoroma For the past three years, remittances from Zimbabweans living abroad have been averaging $1 billion. This figure only accounts for funds sent home through official banking channels, as…

Bloodbath on the cryptocurrency markets: No crypto amargeddon

By Jeffrey Gogo There is a bloodbath on the cryptocurrency markets. From Ripple to the mother of all digital currencies Bitcoin, the floor is red amid panic selling and rumours…

Any takers for voluntary quarterly reporting?

Mamvura’s Market Minute Nampak’s quarterly update at its AGM once again gives us an indication that Command Agriculture liquidity abounds. Up 16 percent on the quarter (versus Delta’s 24 percent),…

Is printing more bond note the solution to currency crisis?

Taurai Togarepi The country has been suffocating from cash challenges for the past few months resulting in many theories being put forward in trying to address this anomaly. There have…

Enhanced stability, growth: Is RBZ correct?

Clive Mphambela The Reserve Bank of Zimbabwe finally issued the much awaited 2018 Monetary Policy Statement on Wednesday under the theme “enhancing financial stability to promote business confidence”. The market…

Metallon halts Mazowe mine operations

Firm drained of working capital through externalisation New sands retreatment plant in false start Tinashe Makichi Gold mining group, Metallon Gold Corporation, has suspended mining operations at its Mazowe Gold…

Firming demand spurs NamPak Zim

Enacy Mapakame Paper and packaging group Nampak Zimbabwe Limited’s turnover for the quarter to December 31, 2017 was 16 percent above comparable period prior year on firming demand especially for…

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