Staff Writer
The African Development Bank has committed $530 million to finance the construction of a 343 km, 400 kV central-south transmission line that will connect the north and south transmission grids in Angola and allow for the distribution of...
Farai Mabeza
The United Nations World Food Programme (WFP) has made an urgent appeal to the international community for US$130 million for food aid for Zimbabwe as the number of the acutely food insecure in the country moves from 3.8 million...
Staff Writer
Funds availed for government’s Command Agriculture were accounted for and everything done was above board, Sakunda Holdings officials have declared explaining that they only received a third of the US$3 billion figure that's widely quoted in public .
In...
HARARE – Old Mutual is agreeable to a listing on a mooted foreign exchange board as part of a solution to deal with concerns raised by Government over the use of an exchange rate derived from the share price,...
Talkmore Gandiwa
The Small to Medium Enterprises sector is now the bedrock of the country’s economy, contributing 60% of the total Gross Domestic Product and an estimated 76% of total employment, a senior government official has said.
Addressing entrepreneurs at the...
HARARE - Finance and Economic Development Permanent Secretary George Guvamatanga, has been appointed to the board of directors of the Eastern and Southern African Trade and Development Bank Group (TDB), which is formerly PTA Bank.
The appointment, which is for...
Reason Razawo
Zimbabwe’s economic woes worsened by corruption and government over expenditure are exposing citizens to poverty and social collapse and needs to be addressed with urgency for the country to move forward, MDC-A...
Itai Ndongwe
The Zimbabwe National Road Authority (ZINARA) has made substantial strides in fulfilling its financial commitments to the Development Bank of Southern Africa (DBSA), with 77% repaid of its total allocation for the DBSA loan this year, amounting to...
Zimbabwe is considered agro-based, as agriculture is critical for livelihoods as
well as for feedstock to downstream industries. At 8.1% of the total available budget, the Lands, Agriculture, Fisheries, Water and Rural Development has the third highest share after the...
Talkmore Gandiwa
The Zambezi River Authority has revised upwards the water volume for power generations at Lake Kariba to three billion cubic meters due the above normal rains projected for Zimbabwe and Zambia ahead of the 2021/2022 rainy season.
In a...
