Zimbabwe Gold - The Standard

Topic : Zimbabwe Gold

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Interbank market in doldrums as...Big banks hold on to surplus cash

While these measures have successfully curbed inflation and strengthened ZiG, they have also led to unintended liquidity distribution challenges.

By Tafadzwa Mhlanga and Blessed Ndlovu 17h ago

Interbank market in doldrums as...Big banks hold on to surplus cash

Cafca sees 29% increase in Q1 revenue, bemoans policy changes

In its trading update for its first quarter ended December 31, 2024, Cafca said the period saw industry and commerce adjusting to various changes.

By Blessed Ndlovu Mar. 13, 2025

Cafca sees 29% increase in Q1 revenue, bemoans policy changes

DPC moves to promote financial stability

DPC is an active member of the International Association of Deposit Insurers, an international standard-setting body for deposit insurers across the world.

By Blessed Ndlovu Mar. 11, 2025

DPC moves to promote financial stability

Ariston sees 16% drop in revenue, plans to fire staff

The firm revealed that there was an early indication that demand for macadamia nuts would be firm with improved prices.

By Tafadzwa Mhlanga Mar. 5, 2025

Ariston sees 16% drop in revenue, plans to fire staff

Govt exchange rate distortions cost market US$4,5bn

Such actions could lead to higher revenue collections which could go towards stabilising the ZiG as it would increase foreign currency reserves.

By Tatira Zwinoira Feb. 27, 2025

Govt exchange rate distortions cost market US$4,5bn

Gold’s broken promise — When reserves fail to anchor currency

This is particularly more important in the case of Zimbabwe because gold reserves were the basis against, which the local currency was valued.

By Equity Axis Feb. 21, 2025

Gold’s broken promise — When reserves fail to anchor currency

Art to sell underutilised assets for capex

The company said the economic environment was expected to remain complex and challenging with constrained liquidity.

By Tatira Zwinoira Feb. 19, 2025

Art to sell underutilised assets for capex

Private sector reeling from excessive regulatory costs: CZI

The CZI Matabeleland Chapter president said discussions around improving financial inclusion were important, adding that the informal sector played a significant role in the economy.

By Nizbert Moyo Feb. 13, 2025