Stock market to reopen next week without Old Mutual

By Bloomberg news THE ZSE will resume operations on Aug. 3, but Finance Minister Mthuli Ncube said Old Mutual, PPC Zimbabwe and Seed Co., which trade on other exchanges in…

Finmin Ncube on who will fund $3.5bn farmers compensation

By CNBC Africa Zimbabwe has agreed to pay $3.5 billion in compensation to white farmers who lost their land through invasions 20 years. The money will compensate for improvements made…

ZWL pegged at $76.76 against the US Dollar

THE Zimbabwe Dollar is gradually finding its equilibrium position against the United States Dollar as it is now trading at ZWL76.76 to the Greenback. This follows the Reserve Bank of…

Mines ministry to clamp down on unlicensed mining operations

By ZBC Reporter THE Ministry of Mines and Mining Development is dealing decisively with unlicensed mining operations that are prejudicing government of millions of dollars and causing environmental degradation. The…

What drove Asia’s economic success stories, and what should Africa emulate?

By Mills Soko, University of the Witwatersrand The remarkable economic transformation of Asia in recent decades has attracted global attention. It has ignited scholarly and policy debates about the region’s…

ZINARA considering options to settle the US$206 DBSA loan

By ZBC Reporter THE Zimbabwe National Road Administration (ZINARA) is pursuing various options to settle the US$ 206 million Development Bank of Southern Africa (DBSA) loan, including renegotiating the deal…

Export receipts for May up 49 percent: RBZ

By ZBC Reporter ZIMBABWE’s total export earnings for May recorded a 49 percent recovery compared to March and April following the re-opening of borders for the movement of goods. Zimbabwe…

AFREXIMBANK regional office construction set to start in Zimbabwe

AFRICA Export-Import Bank (AFREXIMBANK) will kickstart the construction of its headquarters in Zimbabwe soon following an invitation to contractors willing to be part of the project. The multilateral financial institution…

Dual pricing offenders to face financial penalties

By ZBC Reporter BUSINESSES that fail to comply with a directive to charge and display prices in Zimbabwe dollars and United States dollars respectively using the ruling exchange rate, will…

Zimbabwe’s new cigar venture eyes Chinese market

By Xinhua HARARE: Despite being a renowned tobacco producer globally, Zimbabwe is inserted in the global value chain mainly as a grower and exporter of the golden-leaf. The southern African…