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Expert says market to soon run dry of ZW$
Business Reporter TOP economist, Persistence Gwanyanya says the current hype on the exchange rate front will soon be watered down…
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FIU set to descend on companies manipulating exchange rate
Business Reporter THE Financial Intelligence Unit (FIU) says it has set all wheels in motion to deal with any entity…
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“We have enough US$ in circulation” says RBZ in dismissing alarmist statements
Business Reporter THE Reserve Bank of Zimbabwe (RBZ) has dismissed baseless statements alleging that banks are running short of US$…
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FBCH in landmark agreement to acquire Standard Chartered business in Zimbabwe
Business Reporter FBC Holdings Limited (FBCH) and Standard Chartered Bank have entered into an agreement for the acquisition of Standard…
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Expert says economic stability still achievable in Zimbabwe
Business Reporter ECONOMIC expert, Persistence Gwanyanya says the raft of measures implemented by monetary authorities recently will trigger long term…
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ZW$ official rate closes parallel market gap, analysts say move is positive
Business Reporter THE Zim dollar rate tumbled by 43% on the Reserve Bank of Zimbabwe (RBZ) Foreign Exchange Auction market…
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RBZ shoots down dollarisation , says 70% of US$ belongs to miners
Business Reporter Victoria Falls –THE Reserve Bank of Zimbabwe (RBZ) has revealed that 70% of the foreign currency export earnings…
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POSB unveils Microfinance Centre in Mutare, move set to bolster MSMEs plight
Business Reporter THE People’s Own Savings Bank (POSB) has unveiled a Microfinance Service Centre in Mutare in a development set…
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Invictus Energy moves to extend shares offer after raising US$12,7 million
Business Reporter AUSTRALIAN oil and gas exploration company Invictus Energy has exercised its discretion to increase the size of the…
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RBZ mops up ZW$8,5 billion through gold backed digital tokens
Business Reporter RESERVE Bank of Zimbabwe (RBZ) has mopped up another ZW$8,5 billion through gold backed digital tokens as authorities…
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