Business

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 ...

Zimdollar closes at ZW$65.87 against USD

Ndakaziva Majaka The Zimbabwe dollar closed Tuesday’s auction down to $65.87 to the US dollar as the country continues in price discovery. Last week, the rate was at ZW$63,74 to the USD from a ...

Zim exchange rate shoots to ZW$63,74:USD

Ndakaziva Majaka  WITH Zimbabwe still in price discovery, the country’s Foreign Currency Auction System closed bids on Tuesday with a weighted average of ZW$63,74:US$1 from last week’s rate ...

Zimbabwe shuts Stock Exchange, Ecocash, One Money

ZTN Correspondent The Zimbabwe Government has suspended the stock exchange and mobile phone-based transactions “to deal with malpractices, criminality andeconomic sabotage”. In a statement on Friday, ...