Zimbabwe’s trade tariffs, money owed to South African firms weigh down Zim, SA talks

Zimbabwe’s trade tariffs and millions owed to South African companies weighed on talks between the two countries at their binational commission which ended Tuesday. Zimbabwe...

CZI: The brutal reality is confidence has been affected by these necessary actions

The Confederation of Zimbabwe Industries (CZI), the country’s largest and most influential business grouping, says the recently introduced interbank forex market has not performed up to expectations....
Cyril Ramaphosa Emmerson Mnangagwa Zimbabwe

Zim, SA consider loans for Zimbabwe companies, extension of central bank facility

South Africa and Zimbabwe are considering expanding an existing R100 million facility and could extend private loans to Zimbabwean companies, some of the few options available to...
Old Mutual Zimbabwe currency

Zimbabwe’s accounts puzzle: Old Mutual calculates its own exchange rate for results, currency hits...

Results just released by Old Mutual Limited, South Africa’s number two insurer and the holding company of Old Mutual Zimbabwe, show the impact of Zimbabwe’s currency reforms...
Zimbabwe IMF

IMF: Zimbabwe’s currency reforms are a ‘good step’, more fiscal measures needed

Zimbabwe’s new currency reforms are a “step in the right direction” towards solving market distortions, but they have to be backed up by prudence on the fiscal...
Strive Masiyiwa Mascom

Strive buys back Mascom Botswana for US$300m, gains control of his first mobile operation

Fourteen years after losing control of Mascom Botswana, his very first cellular operation, Strive Masiyiwa has bought the company back from MTN for US$300 million.