Former finance minister arrested
FORMER Zimbabwean finance minister and opposition politician Tendai Biti has been detained by police as he tried to cross the border and seek asylum in neighbouring Zambia, his lawyer said on...
View ArticleBanks pick up fresh TBs
By Adelaide Moyo BANKS in Zimbabwe recorded an increase in Treasury Bills (TBs) during the year ended December 31, 2017 with the highest growth rate coming from MBCA Bank — now Nedbank — at 719,1...
View ArticleEconet most valuable counter on ZSE
ECONET Wireless Zimbabwe now has the largest market capitalisation on the Zimbabwe Stock Exchange (ZSE) after the local bourse’s decision to include unquoted shares in the company’s valuation on the...
View ArticleZimbabwe equities pricey for new investors
ZIMBABWEAN stocks are expensive for new investors due to the liquidity challenges faced by the country, international equities advisory firm Exotix has said. Hasnain Malik, Exotix’s managing director...
View ArticleTurmoil continues to rock NetOne
…as minister is sucked into boardroom wars THE turmoil that characterised most State-owned enterprises (SOEs) under ousted former president Robert Mugabe continues unabated under the country’s “new...
View ArticleMnangagwa walks tight Cabinet rope
By Shame Makoshori and Ndakaziva Majaka … right people needed in right positions PRESIDENT Emmerson Mnangagwa can fortify his push to implement key reforms in the post-poll period by appointing a...
View ArticleBusiness demands revival of economy
WITH the memory and scars of the country’s hotly-contested national elections now beginning to fade, the local business community wants Zimbabwe’s new government to tackle head-on all the challenges...
View ArticleZim mulls further telcom tariff cuts
ZIMBABWE is mulling a further reduction in data and telecommunication tariffs through infrastructure sharing models. Last month, mobile network operators slashed data tariffs from 12,5 cents to five...
View ArticleRogue land dealers under probe
A COMMISSION of inquiry appointed by government last year to probe underhand urban land deals says it seeks to unearth fresh information that could expose illegal transactions. The Justice Tendai...
View ArticleFive year economic mandate for ED… which direction will he pursue?
THE recent general elections in Zimbabwe are likely to determine the trajectory the country will take and more importantly whether or not international funders will be willing to give multi-lateral...
View ArticleBanking sector profits surge 70 percent
ZIMBABWE’S banking sector recorded an aggregate net profit of $85,58 million in the first quarter, up 70 percent from $50,34 million reported in the corresponding period the previous year, buoyed by...
View ArticleInvestors cheer scrapping of indigenisation rules
. . . but uncertainties remain AIM-LISTED resources firm Premier African Minerals (Premier) expects its Zimbabwean unit to resume operations after it was given the nod to increase its shareholding in...
View ArticleThe rise of Econet Wireless Zimbabwe
OVER the past 20 years, Econet Wireless Zimbabwe Limited ( Econet) has grown from being a start-up to be the most valuable listed company in the country. With a Zimbabwe Stock Exchange (ZSE) market...
View ArticleZimbabwe’s economy risks sliding into recession
By Nelson Gahadza ZIMBABWE’s economy will likely fall back into recession in 2018, on the back of the ongoing lack of hard currency, a study by an international research firm has revealed. In its...
View ArticleZimbabwe to surpass gold target: RBZ
ZIMBABWE is on course to surpass its 30 tonne gold output following a 72 percent output increase in the first seven months of 2018, the Reserve Bank of Zimbabwe (RBZ) governor has said. Central bank...
View ArticlePost-poll upheaval scuppers economy
ZIMBABWE’S ongoing political crisis — occasioned by the disputed July 30 presidential poll — is damaging the local economy’s revival prospects, as investors adopt a wait-and-see approach before...
View ArticleEconomy longs for Zisco revival
ZIMBABWE’S economy is yearning for the revival of the Zimbabwe Iron and Steel Company (Zisco) whose inactivity over the past decade has created a serious gap in the local industry. Zisco, which was...
View ArticleUS sanctions on Zimbabwe – truths, history and lies
To access this post, you must purchase Fingaz Intro. The post US sanctions on Zimbabwe – truths, history and lies appeared first on The Financial Gazette.
View ArticlePlatinum earnings surpass forecasts
To access this post, you must purchase Fingaz Intro. The post Platinum earnings surpass forecasts appeared first on The Financial Gazette.
View ArticleZimbabwe plans to clear debt arrears in six months
To access this post, you must purchase Fingaz Intro. The post Zimbabwe plans to clear debt arrears in six months appeared first on The Financial Gazette.
View Article