Business

Zimbabwe Dollar Steadies at 82.9

Ndakaziva Majaka The Zimbabwe Dollar recorded its lowest drop against the greenback this afternoon after closing the ninth session of the forex auction with a weighted average of 82,9. This comes ...

Covid-19 to claim a million jobs in Zimbabwe

Takudzwa Chihambakwe The coronavirus pandemic is set to leave a third of Zimbabwean workers unemployed by the end of 2020. According to the 2019 Labour Force and Child Labour Survey conducted ...

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 ...