Foreign Currency - The Standard

Topic : Foreign Currency

RBZ chief lays out currency roadmap

Zimbabwe’s central bank said this week it was tapping the accelerator harder, as it pushes to build foreign currency reserves lasting three months and beyond

By Freeman Makopa Jul. 25, 2025

Zimra defends aggressive tax enforcement. . . as forex earning businesses complain about overregulation

Despite this, firms must also pay for several obligations to city councils, multiple statutory bodies and monetary authorities.

By Belinda Chiroodza Jul. 22, 2025

Zimra defends aggressive tax enforcement. . . as forex earning businesses complain about overregulation

FMHL profit declines 44% in Q1

The business, which recorded a US$2,3 million for the quarter, said it, however, recorded marginal increases in all other its business unit’s.

By Ashton Ndakusiya Jul. 4, 2025

Mines retrench 1 200 in shocking bloodbath

Across sectors, reports of a shocking strain have increased, with over 1 000 workers losing jobs in a retail sector crippled by blazing liquidity shortages.

By Mthandazo Nyoni May. 23, 2025

Mines retrench 1 200 in shocking bloodbath

Foreign currency receipts surge 17,9% in 2024

In 2025, imports are projected to increase by 2,5% to US$9,3 billion on account of higher imports of energy, raw materials and machinery.

By Tafadzwa Mhlanga Nov. 29, 2024

Foreign currency receipts surge 17,9% in 2024

Econet deploys 32 5G base stations, earmarks additional 120 sites

Myers said Econet would leverage synergies between the mobile network operator and fintech businesses.

By Melody Chikono Nov. 20, 2024

Econet deploys 32 5G base stations, earmarks additional 120 sites

2 forex dealers jailed

Maketo and Sakonda were initially sentenced to six months in prison each and three months were suspended for five years on condition of good behaviour.

By Rejoice Phiri Aug. 12, 2024