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Markets & Finance
Markets & Finance
Business, Markets & Finance, News, Top Stories
CBZ partners Talk and Pay to enhance banking services
Partnership enables Talk and Pay to act as an agent for CBZ, offering a variety of additional banking services...
Business, Markets & Finance, News
Zimbabwe engaging with World Bank, IMF on clearing IFI debt
'All the Paris Club creditors, 17 of them, we will be making token payments to show that we want to be a good debtor'
Business, Markets & Finance, News
Zimbabwe's budget more than doubles in review over inflation ravages
'What happened to budget assumptions? How do you get everything 100 percent wrong?'
Business, Markets & Finance, News
South Africa's rand hovers near 5-month low
'The local unit has come under significant pressure, exacerbated by a lack of liquidity'
Business, Markets & Finance, Mining, News
Zimbabwe eases forex tax rules to shore up weak local currency
'The measures reflect government's commitment to promote the wider use of the Zimbabwe dollar'
Business, Markets & Finance, News
Zimbabwe's biggest business group warns local currency could collapse
'Greatest risk facing the economy right now is an inappropriate policy response to the rising parallel market premium'
Business, Markets & Finance, News
Eddie Cross says 'not unhappy' with black market foreign currency exchange
Former RBZ adviser admits he exchanges money o the parallel market for good rates
Business, Markets & Finance
Money transfer firms thrive as pandemic spurs online remittances
'If we can get the money flowing with less friction, it’s going to be better for everybody'
Business, Markets & Finance
Zimbabwe licences dollar-denominated bourse to lure foreign investors
Treasury officials say VFEX will initially target mining companies operating in Zimbabwe
Markets & Finance, News
RBZ tightens EcoCash squeeze, sets Z$5,000 daily transaction limit
Econet recently tried unsuccessfully to stop the RBZ from suspending thousands of agent lines
Business, Companies, Markets & Finance
ZSE to resume stock market trading, Old Mutual, Seedco, PPC barred
'Old Mutual Implied Rate was observed as the key driver of parallel market behaviour' - Mthuli Ncube
Business, Companies, Markets & Finance
Zanu PF seeks de-listing of Old Mutual unit for fueling currency slide
Zanu PF’s position is that the ZSE should 'compulsorily de-list the Old Mutual Limited shares' from trading
Markets & Finance, News, Telcos
Zimbabwe suspends bourse and mobile money transactions over 'illicit activities'
'It's pure rank madness by a deranged, paranoid and clueless regime' - Tendai Biti
Markets & Finance, News
Currency auction: Get ready for USD inflation, or shortages
It is farcical and the RBZ is well aware of these implications
Business, Markets & Finance, News
High Court throws out EcoCash bid to reopen 1000s of frozen agent lines
'EcoCash has selected the wrong method to vindicate the rights it seeks to protect'
Markets & Finance, News, Telcos
EcoCash sues RBZ over directive freezing over 54,000 agent lines
'Directive is a dragnet that penalises innocent agents and their customers in hope of catching unspecified offenders'
Business, Markets & Finance
South Africa's rand soars to two week high
At 1530 GMT the rand was 2.08 percent firmer at 18.2760 per dollar
Business, Markets & Finance
RBZ to cut main lending rate to 15 percent from May 1
'The measures will provide further impetus to the resuscitation of production in the economy'
Markets & Finance, News
March inflation jumps to 676.39 percent year on year: Zimstat
'The Covid-19 pandemic risks even wider and deeper desperation'
Markets & Finance, News
Reserve Bank of Zimbabwe says new currency in two weeks
New currency will circulate alongside the bond notes and coins, RBZ governor says
Markets & Finance, News
Ncube faces criminal prosecution over 2 percent tax, RTGS value guarantee
'Zimbabweans took decisions which were based on the fact that the value of the surrogate currency would be preserved'
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