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RBZ Response to CZI Recommendations

The Reserve Bank of Zimbabwe (RBZ) has dismissed concerns raised by the Confederation of Zimbabwe Industries (CZI) in a paper issued by the organisation...
US Dollars – Bond Notes and Coins – ATM cards for RTGS Money

Central Bank Currency Auction Endorsed by BAZ

Bankers Association of Zimbabwe (BAZ) have endorsed the government’s foreign currency auction system, describing it as transparent given the prevailing economic situation.  “The auction system...

Implats Evaluating 200 MW Solar Power Plant in Zimbabwe

JOHANNESBURG – Zimbabwe platinum group metals (PGMs) mining company Zimplats is in the midst of a feasibility study to evaluate the construction of a...

Barrick CEO Says Zambia Mine Worth More Than $735m

LUSAKA – Barrick Gold believes its Zambian copper mine is worth more than the $735-million carrying value listed in its latest annual report. CEO Mark Bristow said he’s received interest from...

Nearly 5.8 mln people displaced by war in Sudan

The UN International Organization for Migration (IOM) on Wednesday said nearly 5.8 million people have been displaced inside and outside Sudan due to the...