Oil, gas to usher in US$1bn sector for Zim
ZIMBABWE is well on course on its journey towards finding key resources that may usher in over a billion dollar (USD) oil and gas industry, if Australia Stock Exchange (ASX) … Read More
ZIMBABWE is well on course on its journey towards finding key resources that may usher in over a billion dollar (USD) oil and gas industry, if Australia Stock Exchange (ASX) … Read More
ZIMBABWEAN authorities are in discussions with several international investment banks to support the new Victoria Falls Stock Exchange (VFEX) that will trade exclusively in foreign currency, Finance and Economic Development … Read More
THE Poverty Datum Line (PDL) for an average family of five rose to $17 244,07 last month, a 10,7 percent increase from the month of July rate of $15 572,85, … Read More
THE global Covid-19 pandemic has affected face-to-face business interactions between buyers and exporters, thus interrupting the traditional business model. Companies are no longer able to send their export representatives across … Read More
ZIMBABWE’S month-on-month inflation rate stood at 8,44 percent in August after a drastic depreciation by 27,09 percentage points on the July rate of 35,53 percent, showing that stability of the … Read More
The launch of the Victoria Falls Stock Exchange (VFEX) is meant to deal with exchange rate risk from portfolio investment into the country, Finance and Economic Development Minister Mthuli Ncube … Read More
The Zimbabwe dollar gained 1,2 percent on the US dollar in yesterday’s auctions to reach $81,7076 as allotments went over US$20 million for the first time to reach a record … Read More
THE Ziscosteel board and management have come up with a short-term revival roadmap that targets the resuscitation of the defunct steel giant’s subsidiaries. Acting board chairperson, Engineer Martin Manuhwa, revealed … Read More
The Forex Auction results for 15/09/20 are in and the Zimbabwe dollar has yet again seen an upturn. This week the weighted median average is ZWL$81.7076 which is a ZWL$0.9917 … Read More
Zimbabwe’s economy is headed for exciting times ahead following the recent announcement by Invictus Energy, the Australia listed resources firm that is exploring for oil and gas in the Muzarabani, … Read More