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Dairibord Holdings Limited, Zimbabwe's largest milk processing company, says it is not closing down operations in Zimbabw
They did not explain what happened to the gold and foreign exchange reserves they spent weeks on end from April hyping and waxing lyrical about.
The black market exchange rate has shifted from US$1:ZiG30 to US$1:ZiG40; a 25% decline in a short 48 hours.
While Zimbabwean monetary authorities claim the local currency, ZiG – which has lost more than 49% of its value since its launch in April – has...
Zimbabwe's local currency, ZiG, purportedly backed by gold and adequate foreign currency reserves, has now become an unintended catalyst for economic deterioration
Simbisa Brands says it will now pay half of its obligations in local currency, ZiG, and the United States dollar (50/50) as it is receiving less...
Biogas is projected to ramp up energy supply, particularly in rural areas.
OUR CORRESPONDENT KENYA Airways PLC has announced a significant milestone in its journey towards profitability, marking the first time the airline has reported a profit after...
MINING industry stakeholders have called on companies in the sector to support vulnerable victims of the El Niño drought and embrace sustainability through economic and social...
CBZ Holdings, which runs CBZ Bank, says it has launched a massive restructuring exercise across the group which will see the removal of 13 executives next...