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...
HARARE – Local manufacturing sector capacity utilization during fourth quarter (Q4) of 2021 marginally increased by a single percentage point to 66% from 65% prior quarter indicating the continued capital investment by Zimbabwean firms to boost production despite facing...
SOUTH African President, Cyril Ramphosa, has pleaded with the British monarch and government to facilitate a smooth re-admission of Zimbabwe into the Commonwealth and lift the sanctions imposed on the Southern African country.
Ramaphosa took advantage of his just ended...
Mayor Jacob Mafume says Council is using own funds and City Parking mostly for road rehabilitation and maintenance in the City as Zinara continues to allocate crumbs to the local authority which has a huge chunk of licence-paying vehicles...
Farai Mabeza
Government and Pan-African housing finance institution Shelter Afrique are in the process of designing an agreement to build 3 000 low cost housing units in Zimbabwe, a Cabinet Minister has said.
National Housing and Social Amenities Minister, Daniel Garwe...
Farai Mabeza
HARARE - About 1.2 million people in Zimbabwe have given up on securing employment, the Zimbabwe National Statistics Agency (Zimstat) has said as it reported that the national unemployment rate stood at 16 percent.
According to Zimstat's just released...
HARARE –Annual inflation rose in May, albeit at a much slower pace due to due to reduced economic activity and aggregate demand during the coronavirus-induced lockdown. According to Zimstat, annual inflation for May rose by 19.98 percentage points to...
Milk production Figures Jan-July 2023
HARARE— A partnership announced today between IFC and the Government of Zimbabwe will support recovery and jobs in Zimbabwe’s tourism sector by helping increase air access to Victoria Falls, one of Africa’s premier tourist destinations.
IFC—a member of the World...
Sydney Kawadza
The Africa Investment Forum’s 2021 Market Days have been slated for December 1-3 in Abidjan, Côte d’Ivoire this year with the annual business gathering showcasing transformative investment opportunities across the African continent.
In a statement, the African Development Bank...
