PRESIDENT Emmerson Mnangagwa’s government has been urged to swiftly grant the central bank its autonomy as part of strategies to jumpstart the country’s ailing economy.Advertisements
finance
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ZIMBABWE’S annual inflation reached a peak of 176 percent in June, despite assurances from government that prices will stabilise in August.Advertisements
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ZIMBABWE Stock Exchange (ZSE)-listed firms have suffered a string of losses in the past three weeks, triggered by the return of the local currency, a new report has revealed.Advertisements
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THE Zimbabwe Stock Exchange (ZSE)’s turnover reached $1 billion in June, surpassing the previous annual turnover record of $926 million, which was set last year.Advertisements
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CAMBRIA Africa’s (Cambria) share price fell to a three-year low in June after its subsidiary Payserv Zimbabwe (Payserv) had an impasse with local banks over fees.Advertisements
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ZIMBABWE’S trade deficit with South Africa (SA) declined by about 92 percent to $32 million in the four months to May 2019 compared to $398 million recorded in the same …
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FOREIGN investors were net buyers on the Zimbabwe Stock Exchange (ZSE) in June, purchasing shares worth of $6,5 million, with particular interest in Cassava SmarTech Zimbabwe (Cassava) and Old Mutual …
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FINANCE minister Mthuli Ncube says government is working on a plan to restore autonomy to the Reserve Bank of Zimbabwe (RBZ).Advertisements
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THE Insurance and Pensions Commission (IPEC) says the country’s pensions industry grew its asset base by $570 million during the three months to December 2018, on the back of gains …
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ZIMBABWE’S banking sector remains “fairly stable” despite systemic risks inherent in the country’s fragile economy, a new report by MMC Capital has revealed.Advertisements