By Vitor Gaspar, Michael Keen, Alexander Klemm, and Paolo Mauro
The economic costs of the pandemic have fallen most heavily on those least able to bear them. Governments have taken steps to support people and firms through wage subsidies, unemployment...
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envoy to the Americas and Europe Uebert Angel has been thrown under the bus and could have his diplomatic appointment withdrawn for name dropping and associating himself with shady dealers.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...
NAIROBI (Reuters) - The Bill & Melinda Gates Foundation said on Thursday it was committing $7 billion to Africa over the next four years, as Bill Gates warned that the Ukraine crisis was reducing the amount of aid flowing...
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...
Terrence Kurira
The Reserve Bank of Zimbabwe (RBZ) has injected a total of US$64 million into the interbank foreign exchange market to address pipeline demand and maintain the stability of the ZiG.
The RBZ's intervention comes in response to a surge...
Staff Writer
Food security, agriculture and the African Continental Free Trade Area are the key sectors that will anchor Africa’s post-COVID-19 recovery, a senior AfDB official has said.
Addressing a virtual press conference on the opening day of the African Economic...
Shamiso Ngwena
Thousands of workers in the tourism and hospitality industry could lose their jobs due to the effects of the COVID-19 global pandemic, which has seen the industry shut for close to three months.
The industry, according to various sources,...
RW Johnson
The increasing threat posed by Ansar al Sunnah jihadists in Mozambique’s northernmost province of Cabo Delgado finally caused major international concern after the ISIS-linked insurgents attacked the town of Palms on March 24.
The Americans, the Portuguese and others...
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,...
HARARE - The International Monetary Fund says Zimbabwe will most likely enter into a new Staff Monitored Programme in the third quarter if the virtual mission set for June is successful.
This will be the second SMP by the current...
