NetOne CEO makes US$1bn move
The US$1 billion will represent a massive rise in revenue over five years, from a projected US$160 million this year.
By Freeman Makopa
Oct. 4, 2024
Edgars’ Express stores a strategic move: Economists
These stores will offer new clothing items priced between US$1 and US$10, positioning Edgars to compete in a cost-sensitive market.
By Lee Musaidzi
Sep. 27, 2024
Zim annual inflation rate 538% in June: Old Mutual
The annual inflation rate provided by Old Mutual appears as local authorities ceased to report the annual inflation following the introduction of the Zimbabwe Gold (ZiG) currency on April 5 this year.
By Tatira Zwinoira
Sep. 27, 2024
Capital Markets Braille handbook launched
The SecZim is a regulatory board which oversees and regulates capital markets and provides investor protection.
By Blessed Ndlovu
Sep. 27, 2024
ZSE outshines VFEX in wealth creation
Zimbabwe’s stock market has suffered from currency volatility and policy inconsistencies for a long time.
By Melody Chikono
Sep. 22, 2024
Traders see pain in Zimbabwe’s 28% stock surge and shaky ZiG
The ZiG, short for Zimbabwe Gold, which started trading at 13.56 at adoption now sells for 26 per dollar on the parallel market and 13.98 officially.
By Ray Ndlovu
Sep. 22, 2024
Big lenders ride out economic storms
The government downgraded projected growth rates for the agricultural sector from an initial -4,9% to -21,2%.
By Mthandazo Nyoni
Sep. 20, 2024
Seczim bemoans high operating costs for asset managers
The Financial Securities Exchange recorded trades worth ZWG889,125 while the Victoria Falls Stock Exchange saw 3,028 trades amounting to US$10,07 million.
By Melody Chikono
Sep. 16, 2024
Smartvest on the market to raise US$10 million
The Securities and Exchange Commission of Zimbabwe recently approved SHIFs’ listing on the Financial Securities Exchange (Finsec) Mutual Funds Board.
By Melody Chikono
Sep. 15, 2024
Flawed interbank market inflicts fresh blows
Local News
By Shame Makoshori and Freeman Makopa
Oct. 4, 2024
