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MP, Councillor arrested for diverting ...

Zanu-PF's Gokwe Sesame Member of Parliament, Gorden Chanda and ward 6 Councillor, Gilbert Ganye have been arrested ...

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Business

17 hours ago | January 28, 2020

RBZ maintains lending rate at 35pc

THE Reserve Bank of Zimbabwe (RBZ) last week maintained the key overnight bank accommodation rate at 35 percent, ...

Stocks, oil tumble as China virus rattles markets

LONDON. – Global stocks and oil plunged yesterday as panicked investors fled risky assets for safer bets — gold, ...

ZimParks suspends issuance of fishing permits for Kariba

Walter Nyamukondiwa Kariba Bureau ZIMBABWE has suspended the registration of new kapenta fishing permits for Lake Kariba ...

Gold rises

Gold prices rose to their highest in more than two weeks yesterday as equities slipped on growing concerns that a China ...

Stocks go up

stocks edged higher on Friday in tandem with other global markets which rebounded as concerns over a deadly virus in ...

SA power cuts hit sales

Woolworths has blamed slower sales on load shedding and unseasonal weather. Yesterday morning Woolworths released a ...

Sources, uses of funds

A Deposit Protection Scheme (DPS) should have all funding mechanisms necessary to ensure prompt reimbursement of ...

fastjet yet to close restructuring deal

Fastjet Plc said yesterday it is still to finalise its due diligence on fastjet Zimbabwe and securing the required ...

Malaba ruling to affect insurance, pension firms

Although banks and other lenders are likely to take a hit from the landmark ruling on United States dollar debts, the ...

Oil slips

LONDON. — Crude prices extended declines yesterday, dropping below $60 for the first time in nearly three months as the ...

Bulls dominate ZSE trades

Bulls dominated trades on the Zimbabwe Stock Exchange (ZSE) last week as local currency depreciated against the green ...

IMF aid to Congo on hold

Talks to salvage a tentative $1,7 billion debt restructuring between Congo Republic and energy traders Glencore and ...

2 days ago | January 27, 2020

‘Act decisively on currency dealings’

THE Reserve Bank of Zimbabwe (RBZ) must act decisively on illicit currency dealings instead of issuing mere threats ...

Corona virus rocks world financial markets

Financial markets around the world have been rattled by the corona virus outbreak, with its centre in Wuhan, a city ...

Increased production key to ending cash crisis

Panashe Chikonyora The cash crisis that is currently bedevilling the country will not end by just injecting new notes ...