Harare (New Ziana) – At least US$1.8 million will be injected as capital investment into the Zimbabwe Commodities Exchange by its four shareholders who include the government, which holds a 20 percent stake, to get it off the ground, a Cabinet Minister has said. The shareholding structure approved by Cabinet on Tuesday will see the […]
Harare (New Ziana) – The government is satisfied that it has put in place strong economic fundamentals to support the Zimbabwe dollar and is now focusing on ending arbitrage opportunities and speculative behaviour driving the depreciation of the local currency, a Cabinet Minister has said. A renewed assault on the domestic tender has seen the […]
Harare (New Ziana) – Zimbabwe is on track to building a resilient and sustainable manufacturing sector, which will form the bedrock of the re-generation of the Zimbabwean economy, Industry and Commerce Minister Sekai Nzenza has said. She was speaking during a webinar organised by First Capital Bank, dubbed “Challenges, Opportunities and Trade Optimisation for Industry […]
Harare (New Ziana) – The Reserve Bank of Zimbabwe has fined Metbank for breach of exchange control regulations following a full investigation. Following the imposition of the fine, the Reserve Bank lifted the suspension of Metbank Limited’s authorised dealership licence with immediate effect. “The lifting of the suspension follows the conclusion of investigations relating to […]