Gold won’t solve your budget problems
Most of us have a few coins lost down the backs of our sofas. Only the foolish think they can solve their money worries...
Take the bull by its horns on currency reforms
Former Finance Minister and opposition stalwart, Tendai Biti this week sent the business community into apprehension when he claimed that the government, through the...
Business calls for currency regime referendum
PHILLIMON MHLANGA in Victoria Falls
Business leaders have called for a referendum on the currency conundrum, which has haunted Zimbabwe for the past four years,...
African banks face pressure to grow revenue in 2019
African banks face a new year with renewed hope of revenue growth and improved returns to shareholders.
However, analysts are forecasting just a slight acceleration...
Zesa Holdings secures $176m from AfreximBank
TINASHE MAKICHI
Zesa Holdings through Zimbabwe Electricity Transmission and Distribution Company (ZETDC) has organised a $176 million facility from African Export and Import Bank (AfreximBank)...
Falcon Gold shares suspended from ZSE
GAMUCHIRAI TSOKOTA
Shares in resources concern, Falcon Gold Zimbabwe Limited have been suspended from trading on the Zimbabwe Stock Exchange (ZSE) after it failed to...
Agribank sets aside $100 mln for 2018/19 cropping season
LIVINGSTONE MARUFU
Agribank set aside $100 million for the 2018/2019 summer cropping season as Zimbabwe’s premier agriculture financing institution moves to increase productivity on the farms.
Agribank CEO...
Manufacturing sector seeks $200m funding to sustain ops
LIVINGSTONE MARUFU
ZIMBABWE’s manufacturing sector is in dire need of $200 million funding to enable it to continue producing and supplying the local market, the...
Zim FDI drive off the rails
The African Trade Insurance Agency (ATI) has capacity to provide cover on transactions worth $116 million into Zimbabwe this year out of the $1,6...
Edcon in talks for $216m rescue funding
Edgars Stores shareholders last week approved the acquisition of intellectual property rights to trademarks and brands assigned to Edgars by Edcon for Zimbabwe. The...