“By selling the plant for $22.35 million, Caledonia realises a profit on the $14.3 million construction cost. Importantly, we retain the exclusive energy off-take agreement, ensuring that ...

Zimbabwe's efforts to stabilise its local currency, the Zimbabwe Gold (ZiG), have begun yielding tangible results, with the ...

The first group of farmers received a payment of $3.1 million. These farmers are part of a larger group set to be paid a ...

The Zimbabwe Electricity Transmission and Distribution Company (ZETDC), a subsidiary of Zesa, recently announced a mandatory ...

Inflation decline hinged on the pursuit of a tight monetary policy stance is not sustainable in the long term due to its ...

Speculation over the future of President Emmerson Mnangagwa introduces a further element of uncertainty into an economy ...

Public confidence: The acceptance of ZiG has been a significant achievement. If the RBZ can ensure that the new banknotes are ...

When the Zimbabwe Gold (ZiG) currency was launched a year ago, few could have predicted the quiet revolution it would spark. In a nation that was once synonymous with hyperinflation and monetary chaos ...

Unlike floating exchange rates, a peg provides predictability. Businesses can plan, importers and exporters can price more ...