By Melanie Robinson and Niculin Jaeger
The World Bank says remittances to low and middle income countries will fall by 20 percent in 2020 because of coronavirus. The UK and Switzerland are taking action.
The coronavirus pandemic and its economic effects...
Pressure is again building on central bank over its currency regime, as RioZim warns it can no longer sustain expenses due to payment delays and the fixed exchange rate, while the Chamber of Mines pleads for the lifting of...
UK's Premier African Minerals Ltd has agreed to acquire a portfolio of assets in Zimbabwe from Australian-listed Lithium Consolidated Mineral Exploration (Li3).
The AIM-listed company already holds the RHA Tungsten and Zulu lithium and...
Multichoice lost 92 000 subscribers in Zimbabwe over the past year, 41% of its total subscriber base in the country, as hard-up consumers ditched pay TV.
In its first results since being spun off...
The Reserve Bank of Zimbabwe has ended its 25% incentive to gold producers, a subsidy criticised as a key driver of currency weakness and inflation.
The government had signalled in March that it would...
Zimbabwe has raised 500 million Zimbabwe dollars in treasury bill auctions that it will use to help combat the spread of the coronavirus, finance minister Mthuli Ncube said on Wednesday.
The outbreak has hit...
Zimbabwe has ordered 1.5 million COVID-19 test kits from Novacyt, the London-listed biotech company has announced.
The shipment to Zimbabwe is the company’s largest contract outside the United Kingdom so far, said the firm....
Hotels group African Sun had a better first quarter this year than it did in the violence-hit first quarter of 2019, but 32 000 room night cancellations due to COVID-19 wiped out that slim recovery.
Government will focus its testing strategy on returning citizens after the number of COVID-19 cases in the country more than doubled to 132.
All but one of 76 new cases were detected from samples...
The Reserve Bank of Zimbabwe is failing to ship in enough foreign currency to pay for gold purchases, a miners’ group says.
Fidelity Printers & Refiners (FPR), the central bank unit which is the...
