Economy

Economy

economy

Farmers Bemoan Mobile Money Ban

Cotton growers have criticised the government for its abrupt ban on bulk mobile money transfers, saying this will derail their operations as payments are...

Ncube’s prophecy unfolds

IT has been a month of shock and awe moves by our monetary authorities and the government. The sudden closure of the Zimbabwe Stock...

Gold output and the US$4bn target

The contribution of gold to the Zimbabwe’s export earnings and economy can never be over-emphasised. The yellow metal has been a consistent performer on...

Zimbabwe central bank halts mobile money transactions

Zimbabwe’s currency struggles don’t seem to be coming to an end any time soon. In the latest update, the Reserve Bank of Zimbabwe has...

Old Mutual on spotlight in Zimbabwe military currency investigations

HARARE (Bloomberg) – The share price of one of Africa’s oldest insurers is taking center stage in Zimbabwe’s battle to bring order to its...

Eco Equity is a budding medicinal cannabis cultivator with vertical ambitions

Eco Equity is developing a medicinal cannabis cultivation business in Zimbabwe, with a vertically integrated operation in Antigua. The company, which is examining a possible...

RBZ invites all forex holders to use new auction systems

The Reserve Bank of Zimbabwe (RBZ)’s monetary policy committee (MPC) has implored all holders of foreign currency to sell their money through the apex...

IMF Predicts Gloomy Outlook for Zimbabwe, Sub Sahara Africa

Zimbabwe's fragile economy will suffer a significant shrink due to depressed economic activity a negative result of the Coronavirus pandemic, which is also anticipated...

Zimbabwean financial economist develops currency confidence index

SOUTH Africa based Zimbabwean financial economist and award winning central banker, Mr Collet Ndlovu, has developed an innovative currency confidence measurement model to assist...

Zimbabwe halts stock exchange, mobile money to calm currency

Zimbabwe suspended all monetary transactions on mobile-phone platforms and halted trade on the local stock exchange in an effort to stabilize its currency. The measures...