BridgeFort to build US$2bn diaspora fund over two decades
Bridgefort said Zimbabwe’s diaspora concentrated in South Africa, the United Kingdom and the United States, remitted around US$2 billion annually.
By Melody Chikono
Nov. 6, 2024
VFEX readies for commodities exchange launch
Regulations governing the Victoria Falls Commodities Exchange (VCOMEX) were gazetted through Statutory Instruments 148 and 149 of 2024 to expand the securities offered on the VFEX.
By Tatira Zwinoira
Oct. 29, 2024
Bridgefort Capital to abandon ZSE for VFEX
Prior the VFEX listing, the firm will allot 84 615 385 Class A preferred shares to the placement agent to unlock capital for the Class A portfolio as and when required.
By Ashton Ndakusiya
Oct. 27, 2024
Companies struggle with data collection on ESG reporting: Expert
However, there is still a slow uptake in firms fully revealing their sustainability initiatives.
By Blessed Ndlovu
Oct. 22, 2024
NetOne CEO makes US$1bn move
The US$1 billion will represent a massive rise in revenue over five years, from a projected US$160 million this year.
By Freeman Makopa
Oct. 4, 2024
Zim annual inflation rate 538% in June: Old Mutual
The annual inflation rate provided by Old Mutual appears as local authorities ceased to report the annual inflation following the introduction of the Zimbabwe Gold (ZiG) currency on April 5 this year.
By Tatira Zwinoira
Sep. 27, 2024
Traders see pain in Zimbabwe’s 28% stock surge and shaky ZiG
The ZiG, short for Zimbabwe Gold, which started trading at 13.56 at adoption now sells for 26 per dollar on the parallel market and 13.98 officially.
By Ray Ndlovu
Sep. 22, 2024
ZSE outshines VFEX in wealth creation
Zimbabwe’s stock market has suffered from currency volatility and policy inconsistencies for a long time.
By Melody Chikono
Sep. 22, 2024
Big lenders ride out economic storms
The government downgraded projected growth rates for the agricultural sector from an initial -4,9% to -21,2%.
By Mthandazo Nyoni
Sep. 20, 2024
Premium
Second Murambatsvina looms as Harare plans massive demolitions of illegal settlements
News
By Sharon Buwerimwe and Chantay Ruswa
Nov. 10, 2024