Simba Rushwaya THE government will soon crack the whip on banks it is suspecting to be withholding foreign currency and cash instead of injecting it in the mainstream economy, a top government official has...
The African Development Bank has approved US$34.8 million, (US$34,796,402.40) in grants to enhance resilience and adaptation to climate disaster risks for vulnerable communities in Malawi and Zimbabwe. Under the bank group’s Africa Disaster Risk Financing (ADRiFi) initiative, the Mitigating Fragility...
HARARE – Government will during the course of the year drip feed into the economy bigger denominations in order to enable ease of transactions. Finance and Economic Development Minister Mthuli Ncube told Bloomberg on the sidelines of the World Economic...
HARARE - The agreement between Government through the National Oil Infrastructure Company and Trafigura does not permit the commodities firm to exceed 40% market share. This has resulted in capacity utilization of the pipeline averaging around 65% over 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...
Sydney Kawadza Africa’s economies are growing strongly, but growth alone cannot meet the needs of the continent’s poorest citizens, because “nobody eats GDP,” the African Development Bank’s President, Akinwumi Adesina, has said. Adesina made the remarks while unveiling the Bank’s flagship...
The end of Chartered Rule, entrenchment of white self-government and African economic disempowerment: Currencies, and the consolidation of Racialised Economic Spaces, 1920-1930 Tinashe Nyamunda In the previous article, I examined the currency crisis that slowed down the consolidation of white economic...
Staff Writer BULAWAYO – The Treger Products Group has re-invested close to US$37 million into the business since 2010 with a focus on modernising its production units to keep with global industrial technological standards and to meet domestic and export...
Davison Kaiyo The Zimbabwe Statistics Agency (ZimStat) has changed the dates for publication of the Consumer Price Index following the completion of the computerisation of the agency. ZimStat announced in a statement Friday the information will now be available in the...
By Jono Waters The Spanish Flu epidemic struck Rhodesia in early October, 1918, being introduced into the country by passengers arriving from South Africa by train. It spread quickly in all the urban centres before making its way into the...

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