Metbank eyes more forex loans to drive profitability

A monetary gain and fair value adjustment were the main drivers of profit after tax.
By Blessed Ndlovu May. 1, 2024
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UZ bosses in allowance storm

Departmental chairpersons and faculty deans received US$1 000 and US$1 400 respectively, a source privy to the matter told NewsDay during the weekend.
By Miriam Mangwaya Apr. 29, 2024

Why forex black market is thriving despite mass arrests

Reserve Bank of Zimbabwe governor John Mushayavanhu says the ZiG will gain more acceptance with time and this will reduce demand for US dollars.
By Tafadzwa Mhlanga Apr. 28, 2024

InnBucks, beyond what meets the eye

My first interaction with Innbucks was at a Simbisa outlet back in 2021, and just like any new product on the market, it was under some promotion of some sort.
By Rufaro Hozheri Apr. 26, 2024

Risks associated with the Zim financial sector at the moment

There is also the problem of a compromised new currency, which has been made vulnerable through introducing it too fast, beyond what market participants can comprehend.
By Kevin Tutani Apr. 12, 2024

Living a lie.

This points to the challenges the soon-to-be unveiled structured currency will face and monetary authorities will find themselves at the deep end.
By Newsday Apr. 3, 2024

Zim economic output to remain ‘resilient’

Gold output increased by 25% in January this year, compared to January last year. The output, however, decreased by 22% in February.
By Mthandazo Nyoni Mar. 22, 2024

Govt, civil servants head for showdown

It warned that the government’s “procrastination of improved salaries beyond March 2024 will be a silent declaration of conflict of rights and interests likely to escalate to a dispute.”
By Problem Masau Mar. 14, 2024

Zim faces legal salvos from foreign investors

The ruling has become a smoking gun for other foreign-owned companies prejudiced by Harare’s often violent and chaotic land reform programme.
By Tinashe Kairiza Mar. 8, 2024