Harare, (New Ziana) – The Zimbabwean dollar on Tuesday recorded its first gain, albeit marginal, against the greenback in over two months after the local currency was floated, as the market appeared to reach its equilibrium. The local unit traded at $83.32 against the US dollar at the weekly foreign currency auction, a marginal gain […]
Moscow, (New Ziana-Sputnik News) – Russian parliamentarians will soon vote on new legislation that would ban debt collectors and bailiffs from seizing pets to pay off arrears, according to the bill’s author, MP Vladimir Burmatov of the governing ‘United Russia.’ Soon after politicians return from their summer vacation on September 9, they will be presented […]
Harare, (New Ziana) -Money changers in the country are finding the going tough following the ban on mobile money agent lines and the introduction of daily transaction limits. The Reserve of Zimbabwe recently banned mobile money agent lines as well as set $5 000 as the cap for daily transactions for individuals. The central bank […]
Harare, (New Ziana) –Platinum giant Zimplats recorded a net profit of US$261.8 million for the financial year ended June 30, 2020, an 81 percent increase compared to the same period last year. The profitability was on the back of an increase in mineral prices, particularly rhodium, palladium, gold and nickel, that saw revenues going up […]