finance

ZIMBABWE recorded a trade surplus of US$218 million with South Africa (SA) in 2019 from a deficit of US$458 million during the 11 months to December 2018, official data shows.Advertisements

THE Reserve Bank of Zimbabwe (RBZ) has started a process of reviewing its US$1,2 billion legacy debts, with a view of engaging “willing creditors on haircuts”, officials say.Advertisements

  INSURERS and pension funds are incapable of complying with prescribed asset thresholds set by government, due to liquidity constraints in the economy, an investment management firm has said.Advertisements

THE Reserve Bank of Zimbabwe (RBZ) says it has resolved to “further liberalise” operations of bureaux de change to enhance the interbank market.Advertisements

ZIMBABWE’S economic challenges are expected to persist in the medium term on the back of drought and current foreign currency shortages, analysts have warned.Advertisements

Zimbabwe’s agriculture output has remained stagnant at $1 billion over the last five years largely because government and financiers have excluded small-holder farmers, a survey by the Zimbabwe National Statistics …

SEASONED banker Lynn Mukonoweshuro has lost the fight to control Lion Microfinance Zimbabwe (Lion), which is currently under judicial management.Advertisements

CONFIDENCE in Zimbabwe’s property sector has sunk to an all-time low due to the widening gap between seller preference and buyers capabilities, a new report has revealed.Advertisements

TRANSACTIONS processed through the National Payment System (NPS) rose to $15,19 billion during year ending January 3, 2020 from $2,46 billion recorded during the same period last year, as money …

Nick Kyrgios says he has “made progress as a human” after his Australian Open ended with an honourable defeat by Spanish top seed Rafael Nadal.Advertisements