Business - Page 3

Air Zim has now accepts payments in ZiG

Air Zimbabwe now Accepting ZiG

On Friday, Air Zimbabwe announced its acceptance of Zimbabwe Gold (ZiG) payments, signaling confidence in the new currency. The airline, via a statement on X (formerly Twitter), emphasized its commitment to adapting to the evolving financial landscape by offering stakeholders convenient payment
April 26, 2024
Energy and Power Development ministry permanent secretary Gloria Magombo said the El Niño induced drought had had adverse effects on the countrys electricity generation capacity

Power Outages Disrupt ZITF

Power outages marred the opening day of the Zimbabwe International Trade Fair (ZITF) in Bulawayo as a blackout disrupted operations, compelling several exhibitors to resort to generators, according to a report by NewsDay. Gloria Magombo, the secretary for the Ministry of Energy
April 25, 2024
ZITF 2024 bigger and better

ZITF 2024: Bigger, Better, and Global!

This year’s 64th edition of the Zimbabwe International Trade Fair (ZITF) is witnessing a significant international presence, with 27 nations participating and bringing over 120 exhibitors. This surge marks a notable increase from the approximately 70 international exhibitors who participated in the
April 23, 2024
RBZ Governor John Mushayavanhu

RBZ Assures Sufficient Cash Supply

The Reserve Bank of Zimbabwe (RBZ) has announced the completion of printing and minting the new Zimbabwe Gold (ZiG) banknotes and coins, scheduled for introduction into the market next Tuesday. In an exclusive interview with The Sunday Mail, RBZ Governor Dr. John
April 21, 2024
BLANKET INVESTMENT Caledonia Mining Corporation has changed its mining strategy to become a multi asset gold producer in Zimbabwe

Miner eyes expanded growth in Zimbabwe

Caledonia Mining Corporation, explorer, developer, and miner, has shifted its strategy towards becoming a multi-asset gold producer. Spearheaded by its acquisitions of Motapa Mining Company in November 2022, Bilboes Gold in January 2023, and the Maligreen brownfield operation in the Gweru mining
April 5, 2024
POSB Bank

POSB Pauses Privatization Plans: Awaits Further Guidance

The People’s Own Savings Bank (POSB) has halted its planned partial privatization as it awaits additional direction from its shareholder. Initially set for completion by the end of 2023, the partial privatization forms part of the government’s broader strategy to reform underperforming
April 4, 2024
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