HARARE – An average Zimbabwean family required at least $5,293 in February this year to meet its basic needs for it not to be deemed poor, a 17% jump from $4,492 the previous month, latest data shows.
The jump reflects...
By Nicole Chiimba
The Procurement Regulatory Authority of Zimbabwe (PRAZ) aims to adopt artificial intelligence in procurement systems by leveraging digital technologies, following persistent corruption challenges that have affected the authority’s operations.
Addressing journalists in Harare, APPN President and PRAZ Chief...
By Helen Lubamba
Successful financing of developmental project such as hydro-power plants requires the willingness to invest and dream to grow the sector for the future.
Developing both social and economic infrastructure improves not only the quality of people’s lives; it...
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 – Month on month inflation continued its gradual deceleration in September, falling to 17.7% from 18.07% reported at the close of August. Meanwhile the implied annual inflation rate now stands at 353% from 289% at the end of...
HARARE – (FinX) Delta Corporation reported a 40% decline in lager beer volume in the second quarter to September 30, a performance reminiscent of 2016 where volumes were on a free-fall. روليت فرنسي This comes as pricing issues...
Davison Kaiyo
HARARE – Reserve Bank of Zimbabwe (RBZ) has disbursed USD1.17 billion since the auction started in June last year with Bakhresa group-owned Blue Ribbion topping the list of beneficiaries having accessed over USD17 million over the 10 months’...
Farai Mabeza
KARIBA Dam needs three years to reach its maximum retention levels at current average annual inflows of 40 billion cubic meters, Zambezi River Authority chief executive Engineer Munyaradzi Munodawafa has said.
Addressing the media in Lusaka Friday morning, Munodawafa...
Itai Ndongwe
The government has set the pre-planting producer prices for strategic commodities for the summer season of 2022/ 2023 in US dollars with maize set at US$335 per tonne in a new pricing model, which it says is consistent...
Pride Mzarabani
HARARE – The government has consolidated 11 licence requirements by merging all fragmented local authority licences into a single unitary licence, in a move designed to simplify operations for players in Zimbabwe’s wholesale and retail sector.
The reform, which...
