Business News

The Cotton Company of Zimbabwe (COTTCO) says it is taking measures to ensure it does not run out of US dollar notes during the forthcoming marketin..

ZESA Holdings has refused to budge on its position on power billing in US dollars despite calls by captains of industry for more flexibility. Offic..

The Reserve Bank of Zimbabwe (RBZ) has said gold coins have helped lower inflation in the country. RBZ introduced the Mosi-oa-Tunya gold coins on 2..

Business operators in Harare are up in arms with the local government authority after the council hiked shop licence fees by over 1 000%. A survey ..

ZESA Holdings subsidiary, Zimbabwe Electricity Transmission and Distribution Company (ZETDC), says it is generating 951 megawatts (MW) of electrici..

West Properties Zimbabwe, a property developer, announced listing on the Victoria Falls Stock Exchange (VFEX) on April 29, 2023, following its succ..

The Zimbabwe dollar official exchange rate was US$1: ZWL$928.5887 as per the results of the foreign currency auction conducted by the Reserve Bank ..

The Reserve Bank of Zimbabwe (RBZ) has revised the terms for mandatory retentions on USD Point of Sale (POS) and e-commerce settlements. In a state..

Zimbabwe’s annual inflation rate dropped to 87.6 percent in March from 92.3 percent in February. According to data released by the Zimbabwe N..

At least 547 exhibitors have booked space for the 2023 edition of the Zimbabwe International Trade Fair (ZITF), which is scheduled for 25 to 29 Apr..

Captains of industry say the successful synchronisation of Hwange Thermal Power Station’s Unit 7 with a generation capacity of 300 megawatts (MW) w..

The Zimbabwe Revenue Authority (ZIMRA) has announced the exchange rates for the purposes of income tax in 2023.  In a notice seen by Pindula News, ..

The People’s Own Savings Bank (POSB) in partnership with Mastercard has unveiled new prepaid and debit cards that will enable customers to make sea..

First Capital Bank Limited has announced plans to delist from the Zimbabwe Stock Exchange (ZSE) with the intention to list at the Victoria Falls St..

The Zimbabwe Electricity Supply Authority (ZESA) has announced that the country’s power outages could ease from March 20 when Unit 7 at the c..

Zimbabwe has said it would like to become a member of the BRICS economic bloc, which consists of Brazil, Russia, India, China and South Africa. Chr..

The Confederation of Zimbabwe Industries (CZI) wants ZESA Holdings’ US dollar electricity billing to be matched to the proportion of foreign ..

Economic commentators and trade unionists have criticised the move by authorities to use blended inflation as the benchmark of inflation reading in..

The Zimbabwe dollar this week shed only $4.66 to average $912.5828 against the United States dollar on the Reserve Bank of Zimbabwe (RBZ) foreign c..

Energy and Power Development minister, Soda Zhemu, has said Zimbabwe’s power situation is set to improve at the end of March when an addition..