Global tourism experienced a 4% upturn in 2021, compared to 2020 (415 million versus 400 million). However, international tourist arrivals (overnight visitors) were still 72% below the pre-pandemic year of 2019, according to preliminary estimates by UNWTO. This follows...
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...
By Talkmore Gandiwa
The Consumer Protection Commission (CPC) has intensified its drive to strengthen consumer rights and curb the spread of counterfeit goods across Zimbabwe, aligning its strategic roadmap with the National Development Strategy 2 (NDS2) and Vision 2030.
Speaking at...
By Chris Mahove
Two more companies have migrated their de[posit securities from Chengetedzai Depository to the ZSE following its granting of permission by the Securities Exchange Control of Zimbabwe to commence CSD operations at the beginning of the month.
Truworths Limited...
HARARE - Government has warned that it will blacklist suppliers who are channeling payments they receive to the illegal foreign exchange market and is in the process of setting up a process to scrutinise all awarded tenders to ensure...
HARARE – The Reserve Bank of Zimbabwe has announced that it has completed the validation of foreign exchange applications submitted under the blocked funds framework.
The framework was announced in the monetary policy statement in February 2019. RBZ governor John...
Samuel Mapuranga
Zimbabwe’s five-year de-dollarization strategy leading up to the year 2024, which was un-procedurally released on Wednesday revealed that the country would phase out the issue of foreign currency such as US dollars for the payment of local transactions...
Minister of Lands, Agriculture, Water, Climate and Rural Resettlement Dr Anxious Masuka has revealed that 500 farmers out of the 23 000 have received 99-year leases from the government.
He was responding to a question raised by Hon Allan Markham...
Staff Writer
African Development Bank president Akinwumi Adesina says the world has the resources to end hunger.
He made the call in a message on the first day of the United Nations Food Systems Summit.
Convened by UN Secretary General António Guterres,...
Tapiwanashe Mangwiro
HARARE – Last week the price of Brent crude oil suddenly spiked to $55 per barrel after a gradual price increase from below $40 in November last year. For a long time persistently above $100 before they crashed...
