Invest Wisely
TOP economist Eddie Cross Monday gave a gloomy image of Zimbabwe’s battered economy but maintained dollarising it will destroy the country’s re-industrialisation drive. Speaking to NewZimbabwe.com Monday, Cross said although … Read More
HARARE – The Zimbabwe dollar today fell by $17.63 to average $308.5201 to the United States dollar down from $290.8876 last week. It has narrowed the gap with the black … Read More
Shanghai-listed mining company Zhejiang Huayou Cobalt, controlled by billionaire Chen Xuehua, will invest $300 million into its Arcadia lithium mine near Harare, Zimbabwe, according to a Reuters report, citing the … Read More
FINANCE minister Mthuli Ncube yesterday claimed that the Zimbabwe dollar was in short supply while insisting that speculative behaviour was distorting the value of the local currency. “The Zimbabwean dollar … Read More
THE Community Water Alliance (CWA) has petitioned the Harare City Council (HCC) to terminate the controversial Pomona waste management deal. The controversial 30-year deal between Netherlands-based Geogenix BV and HCC, … Read More
ZIMBABWE Stock Exchange-listed financial institution First Capital Bank (FCB) has acquired a credit facility of EUR 12,5 Million (US$13.7 million) from the European Investment Bank which will boost the operation … Read More
Standard Chartered Bank Zimbabwe chief financial officer (CFO) and executive director Christopher Mwerenga will leave the bank at the end of May, a month after the departure of chief executive, … Read More
Disco Iron and Steel Company, the Chinese firm that is constructing a US$1,5 billion steel processing plant near Mvuma, says a power deal signed with Zesa Holdings Limited on Monday … Read More
ECONET Wireless Zimbabwe says it will continue to grow the country’s music industry by leveraging technology to generate more revenues for musicians. The commitment comes at a time when music … Read More
THE Zimbabwe Cross-Border Traders Association (ZCBTA) has expressed frustration over failure by local authorities to avail adequate land for informal traders to operate from saying this was crippling the sector’s … Read More
