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THE Reserve Bank of Zimbabwe has warned of a looming credit squeeze in 2024 triggered by a slowdown in the global economy and rising interest rates...
ZIMBABWE’S large-scale mining companies have painted a gloomy picture of the economic outlook as business confidence wanes due to an unfavourable operating environment and depressed commodity...
SEVEN in every 10 mining companies operating in Zimbabwe are expecting their profits to tumble in the coming year due to weakening commodity prices despite ramping...
AFRICAN Distillers’ external auditors have issued an adverse opinion on the company’s half-year results, arguing that the use of unofficial exchange rates has a material impact...
THE United States has intensified its interest in Zimbabwe’s tourism sector and lithium mining as the global race for renewable energy gains momentum. BERNRAD MPOFU This...
ZIMBABWE’S investment agency says it is ready to engage with the central bank over new foreign currency retention thresholds should investors express worry over the new...
A DROP in metal prices coupled with effects of an El Niño -induced drought will present downside risks to Zimbabwe’s economic growth, a new report by...
THE Zimbabwe National Chamber of Commerce (ZNCC) is lobbying the government to reform the country’s tax system as multiple layers of statutory obligations remain a nagging...
A STUDY by the Absa Group has ranked Zimbabwe, Ethiopia and Mozambique as the most difficult countries to access foreign currency due to stringent capital restrictions....
ZIMBABWE’S unemployment rate increased from 19.7% in the second quarter (Q2) of 2023 to 21% in Q3 2023 as the economy faces an exodus of people...