Terrence Kurira
The Reserve Bank of Zimbabwe (RBZ) has injected a total of US$64 million into the interbank foreign exchange market to address pipeline demand and maintain the stability of the ZiG.
The RBZ's intervention comes in response to a surge...
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...
Itai Ndongwe
The Zimbabwean Government has made moves to go paperless following the donation of 160 laptops by the Postal Telecommunications Regulatory Authority of Zimbabwe, which will improve inspections and dispute resolutions among other functions
The donation was made to the...
Staff Writer
African Development Bank president Akinwumi Adesina says the world has the resources to end hunger.
He made the call in a message on the first day of the United Nations Food Systems Summit.
Convened by UN Secretary General António Guterres,...
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...
Talkmore Gandiwa
HARARE - Zimbabwe has signed a double taxation agreement with Switzerland to eliminate double taxation and prevent tax evasion in a development expected to enhance economic cooperation and attract cross-border investments between the two nations.
According to Zimra the country...
HARARE (FinX) - Tourism receipts are estimated to have increased by 15% to US$252 million in the second quarter of 2024 from US$220 million in the same period on 2023, mainly attributed to rising international tourism in addition to
improved...
Farai Mabeza
THE African Forum and Network on Debt and Development says policies of some development finance institutions are worsening social and economic inequalities in recipient countries through project contingent liabilities.
In a statement released to mark the Global Week of...
Dr. Jennifer Blanke, Vice President for Agriculture, Human and Social Development takes stock and answers three questions about African women and agriculture and gives us results from the ground in Zambia, Zimbabwe and Sudan
Can you tell the many...
Davison Kaiyo
HARARE – Cement manufacturers are seeking government intervention in reducing key cost-drivers that are making its products uncompetitive compared to its regional peers.
This came out at the commissioning of Lafarge Cement’s new US$2.8m dry mortar plant with the...
