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’...
PARIS, France (APO) -- Mthuli Ncube, Zimbabwe’s Minister of Finance, Economic Planning and Investment Promotion, will address global investors at the Invest in African Energy (IAE) 2025 Forum in Paris next week.
As a keynote speaker, Minister Ncube will present...
HARARE - Finance and Economic Development Permanent Secretary George Guvamatanga, has been appointed to the board of directors of the Eastern and Southern African Trade and Development Bank Group (TDB), which is formerly PTA Bank.
The appointment, which is for...
Xolisani Ncube
The Reserve Bank of Zimbabwe has re-introduced the use of multi-currency system as a way of fighting the highly contagious Covid-19 pandemic.
In a statement issued Thursday afternoon, RBZ governor John Mangudya said the move to re-introduce the multi-currency...
Tapiwanashe Mangwiro
HARARE – Last week the price of Brent crude oil suddenly spiked to $55 per barrel after a gradual price increase from below $40 in November last year. For a long time persistently above $100 before they crashed...
Farai Mabeza
The Reserve Bank of Zimbabwe’s Financial Intelligence Unit has directed all banks to temporarily review all ZIPIT transaction limits downwards to $20 000 per day and $100 000 per month to curb illicit foreign currency trading. This comes...
Takudzwa Musakasa
HARARE – The Government of Zimbabwe has set aside $9 billion for the population and housing census to be conducted from 21 April to 30 April 2022.
In 2019, the government said it had set aside US$85 million to...
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...
HARARE - Domestic electricity tariffs on pre-paid systems have increased by 30% under a stepped structure.
According to the Zimbabwe Electricity Transmission & Distribution Company, the lowest consumption band (0 to 50kwh) will be priced at $2.25/kwh while the most...
Treasury has slashed by half, the Money Transfer Tax (IMTT) on domestic foreign currency transfers from 4 percent to 2 percent in an attempt to encourage usage of electronic transfers on foreign currency and lessen the demand for hard...
