Tapiwa Sibanda News Today

In a way, Zimbabwe is paying the prize of authorities’ procrastination to tackle a power crisis that they knew back in 2003 would tear through southern Africa by 2007.

Analysts said the move, will bring immediate relief to industries, who had been forced to stop crucial investments due to high borrowing costs.

THE Reserve Bank of Zimbabwe (RBZ) yesterday slashed its policy rate further to 140%. The policy rate had been pegged at 150% at the beginning of the year, from...

THE Reserve Bank of Zimbabwe (RBZ) yesterday slashed its policy rate further to 140%. The policy rate had been pegged at 150% at the beginning of the year, from...

ZIMBABWE’S debt profile escalated in the last year to almost $1,9 trillion, or about US$17,5 billion, mostly on account of non-payment of arrears

TWO weeks ago, the Zimbabwe government was forced to drop its plan to begin charging platinum exporters a 15% beneficiation tax f

Zimbabwe’s troubled steel production giant, Zimbabwe Iron and Steel Company (Zisco) has lost 14 years of production since its collapse in January 2008

SHAME MAKOSHORI The ZSE’s fungible titans were among the casualties of a terrifying crackdown on business by authorities, which dampened investor confidence and wiped $240 billion in potential revenue. But the brief closure in June only amplified an already difficult crisis for the bourse. Many firms had already embarked on plans to de-list and go private, saying it was no longer viable to maintain a listing. Again, that was bad for a stock market that had been hit by a listing drought stretc...