THE Reserve Bank of Zimbabwe (RBZ) summoned and read the riot act to bureaux de change, as the RTGS dollar continues to tumble against most major currencies, including the American …
finance
-
-
THE inability of local banks to satisfy demand for cash and fund nostro services is a threat to the financial sector’s viability, a local equities research firm has warned.Advertisements
-
ZIMBABWE’S complex regulatory system and red tape is discouraging the growth of start-ups and small to medium enterprises, an economist has said.Advertisements
-
FOREIGN investors accounted for 26 percent of trades on the Zimbabwe Stock Exchange (ZSE) and were marginal net buyers as they recorded net purchases of $0,3 million worth of shares …
-
THE return of the Zimbabwean dollar as the sole legal tender was hurried and has not achieved its intended purpose, a research firm has said.Advertisements
-
THE Reserve Bank of Zimbabwe (RBZ) has revised the minimum capital requirement for commercial banks to $200 million by 2020, from $100 million.Advertisements
-
RAINBOW Tourism Group (RTG) says its profit for the six months ended June 30, 2019 which stood at $5,4 million, was 25 times higher on the prior period after a …
-
ZIMBABWE is set to incur a huge budget deficit by year-end due to failure to contain government expenditure and costs created by Cyclone Idai, among other challenges, experts said.Advertisements
-
THE corporate sector faces even tougher times ahead as the cost of doing business keeps soaring — driven by rising inflation and interest rates, as well as the continued weakening …
-
CAFCA says demand on the domestic market remains depressed but the company is increasing exports to generate foreign currency and cushion it from losses.Advertisements
