Business

Zim holds maiden SMEs Forex auction

Ndakaziva Majaka ZIMBABWE conducted its maiden foreign currency auction system for small to medium-scale enterprises (SMEs) on Thursday, with the weighted average rate coming in at 80,46. The Reserve ...

Zim Dollar settles at 80.5

Ndakaziva Majaka The exchange rate between the Zimbabwe dollar and the greenback eased to ZWL$80.5 following yesterday (Tuesday) seventh auction which saw US$18.5 million allotted out of US$19.7 ...

Zimbabwe Stock Exchange resumes business

Ndaka Majaka THE Zimbabwe Stock Exchange (ZSE) resumed trade lower yesterday after a month-long suspension, with the All Share Index opening 4.49 percent lower at 1708.50 points. Characterized by low ...

Meikles defers results publication

ZTN Business Reporter Diversified group, Meikles Limited, has deferred publication of its audited financial results for the year to March 31, 2020 on the back of disruptions caused by the Covid-19 ...

Zim Dollar eases to ZWL$72

ZTN Correspondent The Zimbabwe dollar eased by a modest 4.7 percent against the United States Dollar to ZWL$72.14 from ZWL$68.88 in the fifth foreign currency auction on Tuesday. A total of US$14.85m ...

Zim Road Toll Fees Up 400 Percent

ZTN Correspondent Zimbabwe has increased road toll fees by 450 percent, with light vehicles now attracting ZW$45 from ZW$10. Mini-bus fees are ZW$70 from ZW$15; and ZW$90 will be charged for buses ...