Business
Zim hails gold coin success and wants to issue more
August 12, 2022
Zim hails gold coin success and wants to issue more
Gold coins used as currency in Zimbabwe will soon be available in smaller denominations, the central bank says. Sky-rocketing inflation…
Zim diaspora remittances up 23 percent
August 12, 2022
Zim diaspora remittances up 23 percent
Zimbabwe registered a 23-percent increase in diaspora remittances during the first six months of 2022 compared to the same period…
Soaring living costs force diaspora to cut own budgets to save for home remittances
July 29, 2022
Soaring living costs force diaspora to cut own budgets to save for home remittances
By Nkosana Dlamini An increase in cost of living in the US, UK and Australia has forced migrants to cut…
Zimbabwe raises mines power tariff by 8% to meet production cost
July 28, 2022
Zimbabwe raises mines power tariff by 8% to meet production cost
Zimbabwe’s power utility ZESA Holdings will no longer charge mining houses tariffs below cost of production as it is struggling…
Elon Musk secretly fathers twins with employee
July 7, 2022
Elon Musk secretly fathers twins with employee
The world’s richest man, Elon Musk, has secretly welcomed a set of twins with Shivon Zilis, an employee in one…
Zim sells gold coins to ease high US dollar demand
July 5, 2022
Zim sells gold coins to ease high US dollar demand
Zimbabwe’s central bank plans to sell gold coins to the public from July 25 as a store of value to…
Tougher times as ZERA hikes fuel prices again
June 25, 2022
Tougher times as ZERA hikes fuel prices again
Zimstar News The Zimbabwe Energy and Regulatory Authority (ZERA) has announced yet another round of fuel price increases amid claims…
Bread prices surge to US$2 a loaf
June 5, 2022
Bread prices surge to US$2 a loaf
Zimstar News Bread prices surged again Saturday with a standard loaf now ZWL$636, equivalent to US$2 using the official auction…
RBZ revises inflation target as prices soar
May 30, 2022
RBZ revises inflation target as prices soar
Zimbabwe’s central bank is revising its inflation forecast upward after annual price-growth surged to more than 100% this month. Factors…
Chinese mining billionaire to invest $300 million on Zim lithium
May 30, 2022
Chinese mining billionaire to invest $300 million on Zim lithium
Shanghai-listed mining company Zhejiang Huayou Cobalt, controlled by billionaire Chen Xuehua, will invest $300 million into its Arcadia lithium mine…
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