Currency - The Standard

Topic : Currency

RBZ holds back as African digital currencies spread

The debate ran under the theme “Digital Currency in Zimbabwe: Towards an Upper Middle Economy”.

By Lynette Manzini Sep. 12, 2025

RBZ holds back as African digital currencies spread

RTG in 18% PAT in FY24

HOSPITALITY firm Rainbow Tourism Group (RTG) saw an increase of 18% in profit after tax to US$5,4 million in the full year ended December 31, 2024 driven by increased guest demand

By Ruth Maseko and Belinda Chiroodza Sep. 10, 2025

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

Foreign exodus batters ZSE as investor confidence hits new lows

THE Zimbabwe Stock Exchange (ZSE) is grappling with an unprecedented wave of foreign disinvestment as investors continually fail to remit their local earnings outside the country.

By Melody Chikono  Jul. 17, 2025

Foreign exodus batters ZSE as investor confidence hits new lows

Govt dissuades Chinese businesses against illicit deals

Muguti also reminded Chinese companies of a deadline set by President Emmerson Mnangagwa for all mineral exports to be processed locally.

By Concilia Mupezeni and Ashton Ndakusiya Jul. 16, 2025

Govt dissuades Chinese businesses against illicit deals

ZNCC in fresh push for low interest rates

Banker and financial expert Tawanda Nyambirai said the special reserve requirements were higher than those in the region.

By Blessed Ndlovu Jul. 8, 2025

ZNCC in fresh push for low interest rates

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