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Byo Vendors Go Online Amid Covid-19 Trading Ban
Due to the COVID-19 prohibitions barring informal traders from operating, a vendors lobby group in Zimbabwe's second largest city, Bulawayo is offering online trading lessons to its members while also developing an online market application…
Gvt To Pay Artisanal Gold Miners 100 Percent In Forex
Small scale gold miners are set to receive 100 percent of their deliveries to Fidelity Printers and Refineries in foreign currency as government seek to curb gold leakages into the black market.
Fidelity is state owned, and is the sole…
Masiyiwa Completes Solar Power Project in Matabeleland
Pan-African businessman and philanthropist Strive Masiyiwa has, through his ‘Re-Imagine Rural’ initiative, completed a 100KW solar power project at Ndolwane in Bulilimamangwe district near Zimbabwe’s border town of Plumtree, in the…
Zim Crypto Currency Gets Global Market Listing
The listing of the blockchain token for ZIMBOCASH, a crypto currency like the Bitcoin, solidifies the creation of a sound-money network in Zimbabwe.
A crypto currency developed to provide a national decentralized currency network for…
RBZ Reign In On Steward Bank Over Ecocash Abuse
The Reserve Bank of Zimbabwe (RBZ) has ordered the Econet Wireless Zimbabwe owned Steward Bank to restrict payments into its Ecocash Private Limited’s Mobile Money Trust (MMT) account due to alleged abuse of the facility for illicit foreign…
Econet, Delta In Africa’s Top 250 Companies In 2020
Telecoms company, Econet Wireless and beverage maker, Delta Corporation are the only two Zimbabwean companies to make it into Africa’s top 250 companies in 2020 , a pan-African publication, Business Africa Magazine has published.
The…
New Notes Push Exchange Rate Spiral
The parallel market exchange rate has taken a rapid upward spiral since the Reserve Bank of Zimbabwe (RBZ) announced the introduction of the new $ 10 and $ 20 notes as exchange rate movers respond to the increase in cash on circulation,…
Econet reopens shops and service centres countrywide
Econet Wireless has begun reopening its shops following the lifting of some COVID-19 Coronavirus lockdown restrictions.
But the company cautioned customers to be patient as it ramps up processes in and around its shops to balance quick…
First Capital Restructure Struggling Firms Loans Amid Covid-19 Disruption
Financial services provider, First Capital Bank is restructuring its loanbook with various companies, mostly in the tourism sector that have been adversely affected by the Covid-19 lockdown disruptions to their businesses, 263Chat Business…
New Notes To Hit Market Next Week
The Reserve Bank of Zimbabwe (RBZ) has issued new $ 10 and $ 20 notes which are set to start circulation next week Tuesday and first week of June, respectively, as authorities step up efforts to ease cash challenges in the…