Tadiwa Musiyiwa
HARARE – The Zimbabwe Reconstruction Fund (ZIMREF) disbursed US$5.4 million across 12 executed projects against a target of US$8.1 million which translated to 67% of the
spending target, as implementation was constrained by the COVID-19 pandemic.
The ZIMREF annual 2020...
Talkmore Gandiwa
Zimbabwean tobacco farmers are at risk of being banned for endangering the environment resulting in climate change with calls for them to establish woodlots for curing their crops to continue with their activities.
Most Zimbabwean tobacco farmers, especially the...
Staff Writer
African countries continue to trade more with the outside world than among themselves, findings of an Economic Commission for Africa (ECA) assessment report on progress made on regional integration in the context of the COVID-19 pandemic have revealed.
The...
President Emmerson Mnangagwa has pleaded with MPs to expedite the formulation of laws to guide the 2023 general elections saying time was running up for them.
Steven Mungate
Presenting the State of the Nation Address and officially opening the Fifth session...
Samuel Mapuranga
The outbreak of coronavirus named COVID-19 has disrupted the global economy. Evolution of the disease and its economic impact is highly uncertain, which makes it difficult for policymakers to formulate an appropriate macroeconomic policy response.
In essence, even a...
HARARE – Latest data from Zimstat shows that the average Zimbabwean lived on US96 cents a day or ZWL$14.60 in September up 18.18% from ZWL$12.78 or US$1.174 in August. The movement is in line with the September monthly inflation...
Staff Writer
The Deposit Protection Corporation has announced that it will start covering foreign currency accounts {FCA’s} from potential banking sector risks with effect from t December31, 2021 following consultations with stakeholders.
In a statement, DPC Chief Executive Officer, Vusilizwe Vuma...
HARARE (FinX) - The Bankers Association of Zimbabwe has said that the Reserve Bank of Zimbabwe should consider staggering the increase on statutory reserves, set at 30%, as they warned that the increase would dampen economic growth as banks...
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...
Davison Kaiyo
HARARE – Zimbabwe has launched its first ever Information Communication Technology (ICT) Device Factory, which will see the country manufacture and assemble laptops, desktop computers ICT devices with 150 000 units expected to be produced annually for both...
