BUSINESS
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LATEST: RBZ devalues ZiG by over 40 percent
By Staff Reporter The Reserve Bank of Zimbabwe (RBZ) has all but devalued the ZiG by nearly 40 percent in…
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Zimbabweans based abroad pump US$1,2 billion in 6 months into the economy
By Nkosana Dlamini Zimbabweans based abroad have injected a whopping US$1,2 billion into the country’s economy in the first six…
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New ZiG rocks the South African rand
Officially, ZiG 1 was equivalent to ZAR 1.83 by the end of the day on Wednesday. But the rand, alongside…
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Zimbabwe’s new currency, ZiG, starts trading
Zimbabwe’s new gold backed currency, Zimbabwe Gold or ZiG, started trading on Monday with few doubting its sustainability in an…
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Remitly partners ZimAchievers UK as 2024 nominees announced
Global remittance giant Remitly has been confirmed as the headline partner for the forthcoming 2024 Zimbabwe Achievers Awards (ZAA) UK…
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Zimplats begins voluntary job cuts amid low metal prices
Zimplats has invited applications for voluntary job cuts among workers as it battles economic pressures brought by the anticipated the…
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Govt urged to create same conducive conditions for local SMEs as is the case with foreigners
Micro, Small and Medium Enterprises board member Taurai Marembo is up in arms government he says has been rolling the…
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SMEs protest government imposition of taxes without their input
Small and Medium Enterprises (SMEs) have protested the decision by Finance Ministry and the Zimbabwe Revenue Authority (ZIMRA) to impose…
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Zimbabwe gold output declines 15% amid electricity, forex shortages
Zimbabwe produced 30 metric tons of gold in 2023, 15% less than the previous year, official data showed on Monday,…
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Metallon blames Redwing Mine disaster on Sakupwanya’s chaotic activities
Metallon Corporation has confirmed that 11 miners were trapped underground at Penhalonga subsidiary, Redwing Mine while also blaming the disaster…
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