Almot Maqolo
HARARE – The Grain Millers Association of Zimbabwe (GMAZ) says it is owed more than $120m by government for roller meal subsidy refunds dating back from last December.
This, the association says, was affecting constant supply of roller meal.
In...
Farai Mabeza
HARARE - The Reserve Bank of Zimbabwe’s Financial Intelligence Unit (FIU) has brought charges under the Money Laundering and Proceeds of Crime Act against Ecocash, the company’s chief executive officer Natalie Jabangwe and director Eddie Chibi, who is...
HARARE - The Reserve Bank of Zimbabwe, through the Financial Intelligence Unit, has instructed banks to to limit internal transfers to two per day as part of ongoing measures to stop parallel market dealings.
In a directive to banks, the...
Sydney Kawadza
The African Development Bank has allocated a €1.2 million grant to provide training to help resource-rich countries improve their mining revenues.
Among the first beneficiaries of the grant are Zimbabwe, Guinea, Liberia, Niger, Mali, Madagascar, South Sudan and Sierra...
HARARE - The government has launched the US$30 million Horticulture Export Revolving Fund to spur agricultural growth and increase the value of agricultural output through value addition and beneficiation.
The funds are part of the US$961 million International Monetary Fund's...
Farai Mabeza
ZIMBABWE and the European Union have launched the Zimbabwe European Partnership Agreement Support programme (ZEPA) worth €10m (US$11m).
The €10m intervention seeks to assist the country with the implementation of the Zimbabwe – EU free trade agreement, the Economic...
Farai MabezaReserve Bank of Zimbabwe Monetary Policy Committee member and former MDC parliamentarian Eddie Cross has rubbished suggestions that Zimbabwe should re-dollarize saying the country cannot throw away advantages and gains made through the use of the...
Farai Mabeza
The Reserve Bank of Zimbabwe’s Financial Intelligence Unit has directed all banks to temporarily review all ZIPIT transaction limits downwards to $20 000 per day and $100 000 per month to curb illicit foreign currency trading. This comes...
Christopher Mahove
The Zimbabwe Revenue Authority has given traders who are falsifying their foreign currency financial records, a December 31 ultimatum to voluntarily declare all under declared financial records. Those who fail to meet the deadline will face rigorous audits, prosecutions...
