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RBZ to launch diaspora-backed securities
The Reserve Bank of Zimbabwe (RBZ) is preparing to introduce securitised financial instruments backed by diaspora remittances, a bold move aimed at unlocking over US$1 billion in annual inflows ...Published: 04 Jul 2025 at 12:41hrs | 315 | by Staff reporter
RBZ's decision to halt gold coin sales has drawn warnings
The Reserve Bank of Zimbabwe (RBZ)'s decision to suspend the sale of gold coins has drawn warnings from an economic analyst, who says the move could expose the Zimbabwe Gold (ZWG) currency to inflatio...Published: 30 Jun 2025 at 09:15hrs | 2595 | by Staff reporter
Zimbabwe banks process R6bn via regional payment systems
Zimbabwean banks processed transactions worth R6.09 billion (approximately US$339 million) through the Southern African Development Community Real-Time Gross Settlement System (SADC-RTGS) in 2024, mar...Published: 27 Jun 2025 at 18:32hrs | 280 | by Staff reporter
IMF says Zimbabwe's economy has made significant progress
The International Monetary Fund said Zimbabwe's economic progress represents a "regime change," but declined to say if or when the Washington-based lender would grant it a staff-monitored program....Published: 19 Jun 2025 at 17:06hrs | 908 | by Staff reporter
Zimbabwe rebuilds correspondent banking ties
The Bankers Association of Zimbabwe (BAZ) has confirmed that some regional and niche international financial institutions have begun cautiously re-engaging with Zimbabwean banks, following the lifting...Published: 19 Jun 2025 at 07:10hrs | 171 | by Staff reporter
10 rich countries non-committal on Zimbabwe's $2.6b bridge financing appeal
Zimbabwe is yet to secure any firm pledges of financial support from the 10 countries it appealed to in its ongoing bid to settle long-standing debt arrears.The southern African nation is burd...Published: 02 Jun 2025 at 12:47hrs | 889 | by Staff reporter
Veteran ZBC broadcaster dies
Veteran Zimbabwean news reader and respected academic Joseph Madhimba has died in Namibia, marking the end of a distinguished career that spanned journalism, broadcasting, and education.Madhim...Published: 21 May 2025 at 10:27hrs | 2818 | by Staff reporter
US dollar weakness fuels surge in currency volatility
The dollar's descent is elevating the price of hedging currency trades around the world, breaking up a long-standing market conviction that costs tend to come down when the greenback weakens.T...Published: 19 May 2025 at 09:37hrs | 1464 | by Staff reporter
SECZim seeks to bolster financial sector integrity
The Securities and Exchange Commission of Zimbabwe (SECZim) recently held a two-day workshop in Mutare focused on Anti-Money Laundering, Combating the Financing of Terrorism, and Proliferation Financi...Published: 08 May 2025 at 16:07hrs | 107 | by Staff reporter
Mnangagwa's attempts at portraying Zimbabwe and Cuba as 'sanctions victims' is absurd as Havana succeeds where Harare fails
The Zimbabwe regime appears unable to stop ridiculing itself on the global stage.The recent visit to Zimbabwe by the President of the National Assembly of People's Power and the Council of Sta...Published: 05 Mar 2025 at 16:29hrs | 903 | by Tendai Ruben Mbofana
Mnangagwa, Hichilema come face to face
President Emmerson Mnangagwa and his Zambian counterpart Hakainde Hichilema had an uneasy public interaction in Addis Ababa, Ethiopia, yesterday, as their strained diplomatic relations played out duri...Published: 16 Feb 2025 at 16:47hrs | 3836 | by Staff reporter
All eyes on Professor Mthuli Ncube
As Zimbabwe prepares for the presentation of the 2025 National Budget, all eyes are on Finance, Economic Development, and Investment Promotion Minister, Professor Mthuli Ncube. The Budget, which serve...Published: 27 Nov 2024 at 08:13hrs | 1090 | by Staff reporter
'Projected Trump victory driving demand for dollars'
Increasing belief on the financial markets that Donald Trump will win the US presidential election next month has been strengthening the dollar, Bloomberg has reported, citing British multinational ba...Published: 25 Oct 2024 at 13:45hrs | 567 | by Staff reporter
Exposing economic saboteurs threatening Zimbabwe's future
THE introduction of the Zimbabwe Gold Currency (ZiG) symbolised a shift toward economic sovereignty, self-reliance and stability. Yet, instead of celebrating this monumental effort, some individuals w...Published: 02 Oct 2024 at 07:49hrs | 253 | by Innocent Mujeri
Cracking the code on forex trading: How does it really work?
Engaging in forex trading presents an opportunity for South Africans to participate in the international financial scene and potentially make profits by leveraging currency fluctuations. There is grow...Published: 27 Sep 2024 at 23:12hrs | 595 | by Staff Reporter
An Open Letter to Finance Minister Mthuli Ncube
Dear Finance Minister Mthuli Ncube,As you navigate the complexities of Zimbabwe's economic landscape, a pressing matter deserves your urgent attention: the persistent depreciation of the Zimba...Published: 27 Sep 2024 at 22:51hrs | 851 | by Engineer Jacob Kudzayi Mutisi
Bulawayo leads other provinces in Zimbabwe on the export market
Zimbabwe's second-largest city, is leading the country in export volumes, but there is a growing need for more export incentives to help the city unlock its full potential, according to industry exper...Published: 20 Sep 2024 at 11:54hrs | 4350 | by Staff reporter
Chiwenga talks tough over falling ZiG
Vice-President Constantino Chiwenga has announced that the government is closely monitoring financial markets to address the recent decline in the value of the local currency on the parallel mark...Published: 05 Sep 2024 at 07:21hrs | 991 | by Staff reporter
Chiwenga calls for national unity
Acting President Dr. Constantino Chiwenga delivered a heartfelt address today at the burial of Brigadier General (Rtd) Shadreck Dingaan Ndabambi, extending condolences on behalf of the nation, the Gov...Published: 04 Sep 2024 at 15:22hrs | 1421 | by Staff reporter
ANC of Ramaphosa: Obliterating, political cleansing of left leaning socialists
South Africa is witnessing a significant shift in its political landscape after the African National Congress (ANC), under President Cyril Ramaphosa, lost its majority in Parliament. This development ...Published: 23 Jul 2024 at 07:18hrs | 247 | by Marshall Ndlela
Zimbabwe's political crisis has dragged on for too long
The phrase "political economy" has entered the dictionary of the World Bank and other development organizations around the world.Academic interest in the components of the political economy of...Published: 01 Jul 2024 at 11:35hrs | 29 | by Evans Mathanda
Zimbabwe currency code changes to ZWG
The World Bank International Organisation for Standardisation (ISO) Committee has approved the change of Zimbabwe's local currency code from ZWL to ZWG (Zimbabwe Gold).The ISO 4217 standard, w...Published: 26 Jun 2024 at 13:00hrs | 26 | by Staff reporter
The journey of real estate investment trusts in Zimbabwe
In the dynamic and ever-evolving landscape of Zimbabwe's financial markets, real estate investment trusts (REITs) stand as formidable instruments for both capital growth and market participation....Published: 19 May 2024 at 15:39hrs | 51 | by Dr Bekithemba Mpofu
Zimbabwe central bank governor gets a rude awakening
BUSINESS executives yesterday gave Reserve Bank of Zimbabwe (RBZ) governor John Mushayavanhu a rude awakening after a snap survey which showed that they were not ready to support the new currency....Published: 12 Apr 2024 at 09:49hrs | 53 | by Staff reporter
Zimbabwe's structured currency launch on Friday
IN a bid to address currency volatility and exchange rate-driven inflation badly battering the economy amid arbitrage, the Zimbabwean government will next week launch a "structured currency" which the...Published: 31 Mar 2024 at 20:50hrs | 2 | by Staff reporter
Zimbabwe capital markets conferences set for SA
FINANCIAL Markets Indaba (FMI), in partnership with the Victoria Falls Stock Exchange (VFEX) is set to co-host two Zimbabwe capital markets conferences in South Africa next month, NewsDay Business can...Published: 22 Mar 2024 at 09:38hrs | 3 | by Staff reporter
Why US sanctions on Zimbabwe 'have not worked'
The United States is a global superpower. Its political and economic reach is massive and global in character. Look back in history and you can see how the US has so often made real changes to the wor...Published: 19 Mar 2024 at 19:54hrs | | by Eddie Cross
Exploring the World of Forex Trading in Zimbabwe with MetaTrader 5
Forex trading, the dynamic process of exchanging currencies, is becoming increasingly popular in Zimbabwe. The Forex market offers a viable platform as individuals and traders look for new o...Published: 19 Mar 2024 at 12:16hrs | 66 | by Staff Reporter
SA faces pressure from Europe and America to ditch coal
"We doing this for ourselves because it is absolutely the right way to go" said Vukile Davidson, National Treasury's chief director of financial markets and stability. "But we are also going to increa...Published: 09 Sep 2023 at 07:35hrs | 3 | by Staff reporter
Massive blow to Mthuli Ncube's bid to widen political ambitions
FINANCE Minister Mthuli Ncube has abandoned his neutral technocrat tag and is now fully embedded in Zanu-PF, but his bid to grow his political clout suffered after he was defeated in the Cowdry Park c...Published: 28 Aug 2023 at 21:44hrs | 5 | by Staff reporter
CDC seeks owners of unclaimed ZSE shares
Chengetedzai Depository Company (CDC) says it is seeking to identify the owners of millions of dollars worth of unclaimed shares held in its Central Securities Depository (CSD).CDC is a digita...Published: 26 Jul 2023 at 06:36hrs | | by Staff reporter
Why Mnangagwa failed to improve Zim's economic prospects
IT is now more than five years since President Emmerson Mnangagwa assumed power with a mandate from his backers to improve the country's economic fortunes, the nemesis of his predecessor, Robert Gabri...Published: 29 Jun 2023 at 06:29hrs | 17 | by Martin Majaji
Did war vets collapse Zimdollar?
I HEAR many Zimbabweans suggesting that Zimbabwe was driven to bankruptcy and the crash of the dollar by paying war veterans in 1997.However, this perception is wrong because Zimbabwe printed ...Published: 03 Jun 2023 at 08:19hrs | 3 | by Rutendo Matinyarare
RBZ clarifies new forex surrender policy
THE Reserve Bank of Zimbabwe (RBZ) is set to meet with the Bankers Association of Zimbabwe (BAZ) and Accountant General with a view to map the way forward on the use of foreign exchange from the 25 pe...Published: 02 Jun 2023 at 06:40hrs | 1 | by Staff reporter
A critical review of Al Jazeera's Gold Mafia documentary
APRIL, famously characterised as "the cruellest month" by distinguished poet and literary critic TS Eliot in his critically acclaimed essay "The Wasteland" - not because its first day celebrates fools...Published: 28 May 2023 at 17:07hrs | 6 | by Jonathan Moyo
'5G technology won't offer quick fix to Zimbabwe's digital divide'
US technology expert and founder of artificial intelligence company Omelas, Evanna Hu A UNITED STATES technology expert and founder of artificial intelligence company Omelas, Evanna Hu, h...Published: 12 May 2023 at 06:04hrs | 2 | by Staff reporter
'Zimbabwe central bank selling gold coins at a loss'
THE Reserve Bank of Zimbabwe (RBZ) is making a huge loss by selling gold coins in local currency using the official rate as the Zimbabwean dollar continues on a free fall, a local think tank has said....Published: 27 Apr 2023 at 06:32hrs | 1 | by Staff reporter
Chamisa wants election to stop 'dictatorship'
Zimbabwe's main opposition leader has insisted that his party is ready to participate in forthcoming elections, despite the rigging and repression he said was already under way to keep President Emmer...Published: 26 Apr 2023 at 20:27hrs | 4 | by Joseph Cotterill
Zimbabwe on charm offensive UK investment drive
Zimbabwe's Finance Minister Mthuli Ncube is on a charm offensive in the United Kingdom as his country wades out of international isolation to attract investors and kickstart the ailing economy....Published: 23 Apr 2023 at 08:01hrs | 6 | by Staff reporter
Gold Mafia: RBZ under sharp scrutiny
THE Reserve Bank of Zimbabwe (RBZ) has come under renewed pressure to deal with allegations of gold smuggling and money laundering after a leading think-tank said the central bank's operations should ...Published: 20 Apr 2023 at 07:31hrs | 3 | by Staff reporter
Zimbabwean companies descend on the London Stock Exchange
Zimbabwean companies and corporate executives from home and in the diaspora will tomorrow descend on the London Stock Exchange (LSE) - one of the world's biggest bourses in the world with a market cap...Published: 19 Apr 2023 at 20:39hrs | 5 | by Staff reporter
Mthuli Ncube abandons technocrat tag
FINANCE minister Mthuli Ncube has abandoned his public image as President Emmerson Mnangagwa's poster boy technocratic cabinet minister after throwing his hat in the ring ahead of the Zanu-PF primary ...Published: 25 Mar 2023 at 11:33hrs | 3 | by Staff reporter
Zimbabwe to woo capital markets investors in London
ZIMBABWEAN government officials and corporate leaders are gearing for a major capital markets conference in London, United Kingdom, during the last week of next month to mobilise private capital to fi...Published: 08 Mar 2023 at 05:27hrs | | by Staff reporter
Mthuli Ncube to headline London Zimbabwe capital markets conference
Finance and Economic Development Minister, Professor Mthuli Ncube, is next month expected to headline the Zimbabwe Capital Markets conference in London which seeks to showcase the opportunities and br...Published: 06 Mar 2023 at 05:14hrs | 2 | by Staff reporter
Regulated Brokers in South Africa
When it comes to investing in the financial markets, it's crucial to choose a reputable and reliable broker. This is especially important in South Africa, where the regulatory environment is robust an...Published: 27 Jan 2023 at 11:23hrs | 69 | by Agencies
Sadc dismisses targeted sanctions claim
SADC chairperson and President of the Democratic Republic of Congo, Felix Tshisekedi, has reiterated calls for the removal of illegal sanctions imposed on Zimbabwe by some Western countries saying the...Published: 26 Oct 2022 at 05:51hrs | | by Staff reporter
Kenya linked Rishi Sunak to become UK prime minister
Rishi Sunak will become Britain's next prime minister after he won the race on Monday to lead the Conservative Party, tasked with steering a deeply divided country through an economic downturn set to ...Published: 24 Oct 2022 at 17:56hrs | 2 | by Staff reporter
Mthuli Ncube transforms from technocrat to political player
IF ever there was any doubt, Finance minister Mthuli Ncube has fully abandoned his posture as a neutral technocrat after being elected a Zanu-PF central committee member last weekend.The centr...Published: 23 Oct 2022 at 18:55hrs | | by Staff reporter
Liz Truss resigns, 6 weeks after becoming UK Prime Minister
Liz Truss said on Thursday she was resigning as British prime minister just six weeks after she was appointed, brought down by an economic programme that sent shockwaves through financial markets last...Published: 20 Oct 2022 at 21:08hrs | | by Staff reporter
Energy Mutodi enrols at top UK University for a Diplomatic Course
Former Deputy Information Minister Dr Energy Mutodi is in the United Kingdom for a short diplomatic course at the University of Birmingham, sources have revealed. After attending Her Majesty Queen Eli...Published: 21 Sep 2022 at 10:14hrs | 7 | by Mandla Ndlovu
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