Contractors push for government guarantees after funding ‘dry spell’
CONTRACTORS across Zimbabwe are sounding the alarm over chronic payment delays from government, warning the sector’s survival is at stake.
By Freeman Makopa
May. 9, 2025
Address runaway inflation urgently
The Confederation of Zimbabwe Industries has rightly pointed out one immediate symptom: soaring borrowing costs.
By The Zimbabwe Independent
May. 9, 2025
FCB takes prudent approach to balance sheet expansion
Total assets were up nearly 25% to US$295,8 million at the end of the financial period under review, driven by loan portfolio.
By Tatira Zwinoira
May. 2, 2025
US dollar reigns: Why ZiG struggles to gain ground in banking landscape
With the introduction of the Zimbabwe Gold (ZiG) currency in April 2024, the Reserve Bank of Zimbabwe (RBZ) aimed to gradually grow its share in the
By Kudakwashe Taimo
Apr. 25, 2025
Assessing prospects of new notes in Zim: The ZiG experience
Launched on April 5, 2024, ZiG was rolled out to stabilise the economy amid soaring inflation and a depreciating local currency.
By Raymond Tendai Rusinga
Apr. 10, 2025
IH sees liquidity improving on mining and agriculture rebound
This comes as the country is facing a liquidity crunch caused by stringent fiscal and monetary measures meant to support the Zimbabwe Gold currency.
By Business Reporter
Apr. 8, 2025
Premium
State diamond miner mulls retrenchments
Impeccable sources with knowledge of the plan said ZCDC's state of finances had resulted in delayed salaries.
By Tinashe Kairiza
Apr. 4, 2025
Premium
Crunch blows up banks...revenues, profit suffer as CEOs slam policy
But apart from inspiring potential banking sector disintermediation, steep statutory reserve requirements generally increase costs.
By Shame Makoshori
Apr. 4, 2025
Masimba bemoans liquidity crunch
Consequently, revenues for the year were US$56,1 million compared to 2023’s US$53,8 million, representing a 4% growth.
By Lee Musaidzi
Apr. 2, 2025
Industries rebel against prohibitive policy rate... as big lenders adopt a precautionary stance
Local News
3h ago
Zanu PF chef loses fortune in toned down water deal
Local News
By Tinashe Kairiza and Julia Ndlela
3h ago
Premium
Explosive illicit financial flows scandal: SA firm pushes back
Local News
By Tinashe Kairiza and Julia Ndlela
7h ago
