VFEX to help attract FDI
Government says the establishment of the Victoria Falls Stock Exchange (VFEX), which the Treasury has sugar-coated with a coterie of attractive incentives, will help draw increased foreign direct investment (FDI) … Read More
Category: Markets
Masholds unveils US$4 million housing project
ZIMBABWE Stock Exchange-listed property investment firm Mashonaland Holdings (Masholds) yesterday officially unveiled its US$4 million cluster housing scheme in Harare’s Bluffhill residential area. The project sits on 2,3 hectares and … Read More
Zim dollar slightly eases against US$
THE Zimbabwe dollar has eased to trade at 85,07 against the United States dollar at this week’s foreign currency auction from 84,76 last week. According to data provided by the … Read More
Time to review the forex auction system, industry . . . as CZI calls for temporary suspension SI 127
Zimbabwe’s industrial players, a significant stakeholder in the foreign currency auction system, have said its time to take a step back and look at the auction system and see how … Read More
Increase in net forex outflows recorded
Zimbabwe has been experiencing significant net foreign currency outflows since the quarter ending September 2020, official data from the central bank show. While the country has been recording more outflows … Read More
Unclaimed shares top $560m
The quantum of unclaimed shares on the Chengetedzai Securities Depository (CSD) platform stood at $560 million as at the end of the first quarter as many an investor on the … Read More
Forex auctions revive industry
Displaying the rapid recovery and growth of Zimbabwe’s industrial sector, raw material requirements absorbed 44 percent of hard currency allotted on the Reserve Bank of Zimbabwe’s foreign currency system during … Read More
Why You Should Consider Attending Forex Trading Seminars
In the past few years, the number of forex traders has increased tremendously. Forex trading has given countless people the opportunity to be financially free. Consequently, this has driven many … Read More
Zimdollar trades unchanged
The Zimbabwe dollar will this week trade largely unchanged against the US dollar at $84,76 from $83,72 last week following yesterday’s Reserve Bank of Zimbabwe (RBZ) foreign currency auction, as … Read More
Businesses comply with latest forex usage regulations
BUSINESSES have started complying with the latest foreign currency usage regulations while industry leaders are expected to meet the Government this week to deliberate on concerns arising from the new … Read More
