Itai Ndongwe
Trade between Zimbabwe and the European Union has surged by 30% to US$880 million, which is a significant step towards reaching the US$1 billion target in trade and investment, thanks to their trade agreement.
The two parties' agreement allows...
PARIS, France (APO) -- Mthuli Ncube, Zimbabwe’s Minister of Finance, Economic Planning and Investment Promotion, will address global investors at the Invest in African Energy (IAE) 2025 Forum in Paris next week.
As a keynote speaker, Minister Ncube will present...
Pride Mzarabani
HARARE – Global Commodity prices are set to fall sharply this year by about 12 percent overall, as weakening global economic growth weighs on demand. Next year 2026, commodity prices are projected to decline by another 5 percent,...
Itai Ndongwe
HARARE - The World Bank has announced the Reserve Bank of Zimbabwe (RBZ) as the latest member of the Reserve Advisory & Management Partnership (RAMP).
The RBZ joined RAMP through a World Bank Group multi-donor trust fund designed to...
HARARE - The Government has initiated the process of compensating white former commercial farmers whose properties were acquired under the Land Reform Programme, marking a crucial step forward in addressing this enduring issue and paving the way for the...
HARARE - Finance Minister Mthuli Ncube addressed Parliament regarding ongoing payment delays to Members of Parliament, which he attributed to “cash constraints.” He emphasized that these financial challenges are not new but have been exacerbated by ongoing issues in...
By Terrence Kurira
HARARE - Zimbabwe's diaspora remittances experienced a 6% rise in the first two months of the year, reaching US$352,141,671, up from US$329,571,954 in the same period last year.
This growth is a timely boost to Zimbabwe's economy, according...
Talkmore Gandiwa
HARARE - Zimbabwe has signed a double taxation agreement with Switzerland to eliminate double taxation and prevent tax evasion in a development expected to enhance economic cooperation and attract cross-border investments between the two nations.
According to Zimra the country...
Itai Ndongwe
HARARE – The Zimbabwe Investment Development Agency (ZIDA) reported a significant 60% decrease in total investment value in the fourth quarter of 2024 at US$4.6 billion from US$11.5 billion reported in Q4 2023. This decline is attributed to...
Terrence Kurira
Harare - Zhengzhou Bus Zimbabwe (Private) Limited, trading as Zhongtong Bus Zimbabwe, has announced that it will suspend its business operations in Zimbabwe.
The decision takes effect from January 14, 2025.
The Chinese bus manufacturing company shared the news through...
