Capital & Money Markets

NEW YORK (Bloomberg) — Zimbabwe may take as long as five years to reintroduce its own currency because the country needs to address a fiscal imbalance, boost investor confidence and regain access to foreign loans, […]

THE success of the new Government’s effort to transform the country’s economy, both in the immediate and future term hinges on addressing the currency reform problem. The vision of the Government is to ultimately turn […]

HARARE – The Government has negotiated several foreign currency facilities that are set to ease liquidity challenges in the economy, as well as curb parallel forex market activity, President Mnangagwa said today in his inaugural […]

Econet Wireless Zimbabwe yesterday reached a major milestone after completing 20 years since its shares were listed and first publicly traded on the Zimbabwe Stock Exchange (ZSE); a month after Zimbabwe’s biggest mobile network also […]

HARARE – Shares in Econet Wireless, the country’s biggest telecoms firm, traded steady on Monday after the company announced it had begin negotiations that would have an impact on operations. In a cautionary, Econet said […]

NEW YORK (Reuters) – Investors are banking on tame inflation and interest rates to support U.S. stock prices and help counter any concerns over an anticipated slowdown in corporate earnings growth next year. As they […]

Less than a fortnight since his appointment as Zimbabwe’s finance minister, the new treasury boss is potentially placing himself on a collision path with the country’s central bank with his pro-cryptocurrency stance. According to Mthuli […]

HARARE – Zimbabwe Stock Exchange (ZSE) recorded significant gains towards the end of last week buoyed by block trades in financial institutions Barclays and CBZ Holdings (CBZ) shares. The local bourse, which survived a mid-week slump […]

TOKYO (Reuters) – The dollar dipped on Friday after weaker-than-expected U.S. inflation data, with the currency already sagging on signs of reduced trade tensions between the United States and China. Emerging currencies, like the South […]