US stocks rebound, oil drifts below $30

US stocks rebounded Tuesday following Wall Street’s sharpest daily drop in more than three decades, while equities elsewhere wobbled as governments and central banks scramble to try and calm the…

Analysts commend govt’s move to suspend external trading of shares

By ZBC Reporter THE move by the Government to suspend the external trading of shares in three counters dually listed in different markets across the globe has been described as…

Covid-19 impacts tourism sector worldwide

THE cancellation of hotel bookings and restricted travels due to Covid-19 have raised fears that the country’s tourism sector may lose millions in revenue at a time the World Travel…

Government suspends international trading of shares for 3 companies

By ZBC Reporter The government has with immediate effect suspended the international trading of shares in three companies namely Old Mutual, PPC limited and Seedco International for a period of…

Citizens call for economic empowerment law to be inclusive

By ZBC Reporter A call has been made for the country’s economic empowerment law to be inclusive through striking a balance between empowering locals and attracting investors. Participants at the…

Govt commits to end information gap

By ZBC Reporter GOVERNMENT has made a commitment to bridging the digital divide between rural and urban communities following the setting up of a community information centre in Mberengwa this…

Govt compels banks to pay interest on savings accounts and fixed deposits

By ZBC Reporter ZIMBABWE’S depositors have been granted a relief following the enactment of a statuary instrument 65 of 2020 directing banks to pay interest on savings accounts and fixed…

Prof. Mthuli Ncube’s state of the economy report underspotlight

By Lisa Masuku ECONOMIC analysts have raised their concerns on the Finance and Economic Development Minister, Prof Mthuli Ncube’s state of the economy report which he presented this Wednesday. They…

RBZ working on a five-year de-dollarisation framework

By Bruce Chahwanda THE Reserve Bank of Zimbabwe together with the Ministry of Finance and Economic Development is working on a five-year de-dollarisation framework. RBZ Governor, Dr John Mangudya revealed…

Local firms must tap into Rwanda’s market: Zimtrade

By ZBC Reporter THE Zimbabwe trade promotion body, ZimTrade, has urged local business to tape into the existing relations with Rwanda to look for investment opportunities ahead of the Rwanda-Zimbabwe…