Zimbabwe’s mining industry says high financing costs and limited access to long-term capital remain among the biggest obstacles to growth, even as strong global commodity prices continue to boost export …
Reserve Bank of Zimbabwe
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BusinessMining
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HARARE — Zimbabwe’s central bank has delivered its strongest signal yet that it believes the economy is entering a new phase of stability, cutting its benchmark interest rate while maintaining …
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By Jeoffrey Ncube Mutapa Gold Resources, one of the mineral entities under the Mutapa Investment Fund, has declared a US$35 million dividend to its shareholders. Addressing stakeholders in the capital …
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Zimbabwe has tripled its gold reserves over the past two years by forcing mining companies to pay royalties in bullion instead of cash, a policy aimed at underpinning a new …
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Zvishavane District Development Coordinator Darlington Chokera has urged residents and businesses in the district to embrace the local currency, following the announcement that new Zimbabwe Gold (ZiG) banknotes will begin …
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The Reserve Bank of Zimbabwe (RBZ) has maintained its tight monetary policy stance in its 2025 Mid-Term Monetary Policy Review, projecting economic growth of 6% this year, up from 1.7% …
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The Zimbabwe Revenue Authority’s (ZIMRA) latest crackdown on smuggling has sparked mixed reactions from economists, industry players, and small businesses. The operation, aimed at curbing the illegal importation of goods, …
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The Reserve Bank of Zimbabwe has announced a series of measures aimed at stabilizing the economy following its latest Monetary Policy Committee (MPC) meeting on December 3, 2024. The MPC …
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The Reserve Bank of Zimbabwe (RBZ) has issued a statement to clarify misconceptions surrounding its Diaspora Remittances Policy, following the circulation of a video on social media that sparked concerns …
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The Reserve Bank of Zimbabwe has confirmed the renaming of Standard Chartered to FBC Crown Bank. FBC announced the new name in June, after buying the bank for US$26.7m. FBC …