Itai Ndongwe Trade between Zimbabwe and the European Union has surged by 30% to US$880 million, which is a significant step towards reaching the US$1 billion target in trade and investment, thanks to their trade agreement. The two parties' agreement allows...
Tadiwa Musiyiwa  HARARE - Agribank's strategy to grow its loan book and export business helped it boost its earnings in the five months to May 31, 2021. The group, which is finalising its rebranding to AFC Commercial Bank, recorded a net...
HARARE – Zimbabwe was credited with the equivalent of US$960.87 million when the International Monetary Fund’s special drawing rights came into effect on Monday, Aug 23. فريق مان سيتي SDRs are being distributed to countries in proportion to their...
HARARE – The Reserve Bank of Zimbabwe kept its key policy rate unchanged to sustain the current inflation trajectory and support the forecast robust economic growth for 2021. The bank policy rate  was maintained at 40% and the interest rate...
Farai Mabeza THE European Union (EU) has suspended restrictive measures on former first lady Grace Mugabe, a move hailed by proponents of government’s re-engagement drive. In a statement released Monday, the Council of the European Union said that it would maintain...
Sydney Kawadza Zimbabwe could yet again suffer from self-inflicted challenges that would see the Southern African country fail to capitalize on the African Continental Free Trade Area currently being implemented across Africa. The key challenges threatening Zimbabwe’s full participation in the...
By Kovedzayi Takawira  Harare -The Zimbabwe National Statistics Agency (Zimstat) has revealed that approximately 76.1% of businesses in the country are operating informally. Speaking at the launch of the Zimbabwe Economic Census preliminary report in Harare today, Zimstat Director for Production...
HARARE – The Reserve Bank of Zimbabwe has announced that it has completed the validation of foreign exchange applications submitted under the blocked funds framework. The framework was announced in the monetary policy statement in February 2019. RBZ governor John...
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Farai Mabeza The High Court has dismissed with costs Ecocash’s application by Ecocash seeking an interdict against a Reserve Bank of Zimbabwe directive to suspend and freeze all agents accounts with a monthly transaction threshold above $100 000. In his ruling,...

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