LONDON – (FDI Intelligence) Foreign investment activity fell to record lows in April as economies around the world came to a standstill as tough restrictions clamped down on movement to limit the spread of Covid-19. خريطة رالي داكار السعودية...
HARARE - Reserve Bank of Zimbabwe says it has cleared the allotments backlog on the foreign currency auction system after it released US$100mln into the market last Friday. The auction backlog was stretching for up to six and seven...
Talkmore Gandiwa
Metropolitan Bank of Zimbabwe's suspension from trading in foreign currency has been lifted by the Reserve Bank of Zimbabwe.
The bank's foreign currency dealership licence was suspended two months ago for breaching Exchange Control regulations relating to trading in...
A group of African banks has signed a US$194mn senior debt facility to rehabilitate the Beitbridge border post, a crossing that connects Zimbabwe and South Africa.
Rand Merchant Bank (RMB) acted as co-ordinating bank and sponsors’ advisor and, along with...
Tapiwanashe Mangwiro
HARARE - Zimbabwe Asset Management Company (Zamco) has so far resolved $452 million of the bad debts it mopped up and said they are still in line to meet the annual $140 million target.
In February 2020, the debt...
Samuel Mapuranga
The outbreak of coronavirus named COVID-19 has disrupted the global economy. Evolution of the disease and its economic impact is highly uncertain, which makes it difficult for policymakers to formulate an appropriate macroeconomic policy response.
In essence, even a...
Sydney Kawadza
HARARE – The African Development Bank has prescribed a raft of measures African countries could take to benefit from rising gold prices, which have shot up 24% since January this year. The commodity’s...
Philis Chivheya
President Emmerson Mnangagwa special envoy to the Americas and Europe Uebert Angel has been thrown under the bus and could have his diplomatic appointment withdrawn for name dropping and associating himself with shady dealers.
Angel who is Mnangagwa’s Ambassador...
Government’s relationship with the stock exchange has been shaky from the 1980-independence start. It was, after all, unknown to this group of comrades. In the early days was left untouched even when there was heightened talk of nationalizing foreign...
Cynthia Chitombi
Zimbabwe has reduced its fuel import bill by about 20 percent through the blending of unleaded petrol with ethanol, a senior government official has said.
Zimbabwe Energy Regulatory Authority consumer services manager Nobert Matarutse revealed this during a discussion...
