Business

Zimbabwe to ditch forex interbank system

Ndakaziva Majaka  ZIMBABWE is planning to adopt a market-based foreign currency trading system after its fixed exchange rate system saw the domestic unit – whose official rate is 25 to 1 against the ...

Civil servants want USD salaries

Takudzwa Chihambakwe Civil servants are increasingly getting restless with their representative body, the Apex Council, calling on Government to consider paying salaries in United States Dollars. For ...

Government revenues to nosedive

MARKET watchers have warned that treasury’s move to curtail mobile money and ZIPIT transactional limits and flexibility could result in a knock in government revenues, specifically the two percent ...

US dollar spotlight on Zim gold miners

ZTN Reporter Zimbabwe’s new gold regime, which will see miners getting 70 percent of their dues in united states dollars and the remainder in local currency at the ruling exchange rate, appears to ...

Zimpapers joins Covid-19 fight

STAFF WRITER ZIMBABWE Stock Exchange listed media firm, Zimbabwe Newspapers (1980) Limited Group (Zimpapers), is launching a fundraising initiative this week, as it moves to play its part in the fight ...

Zim readies for new currency

New notes to start circulating on Tuesday In preparation for the release of $10 and $20 Zimbabwe dollar banknotes, government has gazetted SI 103A of 2020, promulgating designs of the currency. ...