Zimbabwe’s leader is seeking investment for a new national capital with luxury homes just down the road from an impoverished and overcrowded Harare. Zimbabwe’s political leaders have a remedy for the collapse of the capital Harare: Build a new “cybercity”...
Staff Writer HARARE -   The Reserve Bank of Zimbabwe (RBZ) has deferred by up to a week the opening of the first foreign exchange auction  for 2022 to the 18th of January citing COVID-19 impact on submission of essential information to...
The SME Association of Zimbabwe will this week host the Local Legends awards, an event meant to honour and reward MSMEs that have excelled in growing their businesses over the course of the year. “The Local Legends awards are given to...
Reason Razao Government said it has finalised a national vaccine deployment framework with the initial objective of immunising at least 60 percent of the population but has warned the citizens to continue adhering to the COVID-19 regulations as the medicines...
Farai Mabeza Zimbabwe is battling to salvage its economy on its own in the wake of the COVID-19 pandemic after being excluded from the emergency financial assistance extended to other countries by the International Monetary Fund, Reserve Bank of Zimbabwe...
With a wary eye on COVID-19, the International Monetary Fund (IMF) has forecast a more optimistic 5.5% expansion of the global economy this year. The upward revision in the IMF’s latest World Economic Outlook published Tuesday is 0.3 percentage point...
Tapiwanashe Mangwiro HARARE – Government’s expenditure for 11 months ending November 2019 exceeded actual budget of Z$15.1 billion by 21% against Treasury’s Transitional Stabilization Programme objectives. Expenditure shot to Z$18.3 billion although the government’s economic blueprint sought to reduce spending to...
Farai Mabeza ZIMBABWE and the European Union have launched the Zimbabwe European Partnership Agreement Support programme (ZEPA) worth €10m (US$11m). The €10m intervention seeks to assist the country with the implementation of the Zimbabwe – EU free trade agreement, the Economic...
The value of Intra-COMESA total exports declined by 11% from US$ 10.9 billion in 2019 to US$ 9.7 billion in 2020. The low performance was attributed to the impacts of COVID-19 pandemic and pre-existing factors such as supply-side challenges...
Sydney Kawadza The African Development Bank has predicted that prices of goods in Zimbabwe would stabilize due to the weekly Foreign Currency Auction System introduced in June. The Bank, in its African Economic Outlook 2021, also predicted a modest economic recovery...

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