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Mutare City receives massive backlash over forex rates

MUTARE – Mutare City Council, which is reeling under poor servicedelivery and allegations of corruption, has received a backlash fromresidents over its...

ZB Bank disowns illegal forex dealers

THE ZB Bank has castigated as impostors some illicit foreign currency dealers who are claiming to be buying foreign currency on behalf...

Mnangagwa accuses banks of fueling black market forex rates

President Emmerson Mnangagwa has accused the local banks  of fuelling black market exchange rate by stashing cash and release it to illegal...

Ecocash loses court battle against RBZ

High Court Judge Justice Webster Chinamora has dismissed EcoCash Zimbabwe (Pvt) Ltd urgent application to have RBZ compelled to unfreeze its Ecocash...

COVID-19 lockdown hits money changers hard as rates tumble

Foreign currency rates tumble to their lowest in recent daysIllegal dealers say to hold on to their money in anticipation of a...

Falgold turns to capital raising, as its troubles deepen

By Tito Maposa ZIMBABWE Stock Exchange-listed Falcon Gold Zimbabwe has gone on a capital raising drive after its troubles...

RBZ governor to expose new currency abusers

PRESIDENTIALspokesperson George Charamba on Thursday said President Emmerson ordered an investigation into the anomalies surrounding the release of new currency to financial...

Pepsi prices shoot up

INDIAN soft drinks manufacturer, Varun Beverages, has increased soft drink wholesale prices from ZWL 89.76 for case of 24 to ZWL 170.

Price hikes: Distressed Zimbabweans flock to Mozambique

CHIMOIO – Thousands of desperate Zimbabweans are flocking toneighbouring Manica and Chimoio towns in Mozambique to buy groceries, as the country continues...

Fat cats accounts freeze: Forex rates tumble

THE foreign currency rates on the 'black market' have tumbled soon after the Reserve Bank of Zimbabwe (RBZ)'s directive to freeze...