January 25, 2021
STANBIC Bank this week announced that it had appointed Solomon Nyanhongo, (SN), as the financial institution’s new chief executive. He takes over from Joshua Tapambwa, who had been at the helm of the financial institution for the past 12 years. The Financial Gazette’s Group Digital Editor Paul Nyakazeya…
ZIMBABWE must further improve its macro-economic environment if the country is to attract much-needed foreign direct investment, experts say. (more…)
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THERE are growing fears about the long-term viability of Beitbridge Border Post, with Zimbabwe continuing to lose millions of dollars in revenue a month due to bottlenecks at the vital cargo port. (more…)
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Zimbabwe should consider a gradual shift from reliance on coal in line with international trends and invest in clean renewable energy sources, experts have said. (more…)
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THE local banking sector plays a key role in creating an environment for a dependable foreign currency exchange system to avoid currency fluctuations, encourage investment, contain inflation and circumvent devaluation of the local currency, the Reserve Bank of Zimbabwe (RBZ) has said. (more…)
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FOREIGN investors were net sellers of shares worth $267 million on the Zimbabwe Stock Exchange (ZSE) in October, official data shows. (more…)
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THE performance of Zimbabwe’s sickly economy will remain subdued due to a negative country perception and low production across all major sectors of the economy, unless the root causes are addressed, a new report has revealed. (more…)
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A TOTAL of 1,26 billion shares worth $5,67 billion were traded on the Zimbabwe Stock Exchange (ZSE) during the third quarter of the year, latest data has shown. (more…)
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AFRICAN funerals are large-scale and can require a significant amount of cash resources – Zimbabwe is no exception.…
THE success of the Reserve Bank of Zimbabwe’s (RBZ) foreign currency auction will depend on the critical balance between money supply and demand, the Confederation of Zimbabwe Industries (CZI) has said. (more…)
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