NJ Ayuk
Last spring, the Maersk Voyager, an ultra-deepwater drillship under contract by French supermajor Total, drilled a wildcat well in the deepest water ever – 3,628 meters (11,903 feet) in Block 48, a massive area with potentially huge oil reserves in...
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...
HARARE (FinX) – The Reserve Bank of Zimbabwe lowered its key policy rate for the second time since the Covid-19 outbreak and the third time since the set-up of the Monetary Policy Committee, to provide monetary stimulus as the...
View of the city from Meyrick Park, Harare. (Flickr/Jonathan N. Wakeling)
On Thursday, May 13, the Africa Center hosted a Zimbabwe roundtable, in partnership with the Eastern and Southern African Trade and Development Bank, featuring perspectives from government and the...
Davison Kaiyo
HARARE – Seventeen African heads of state signed on to the commitment to boost agricultural production by doubling current productivity levels through the scaling up of agro-technologies. This will include investing in access to markets, and promoting agricultural...
Sydney Kawadza
A group of executive directors from the African Development Bank visiting Zimbabwe have expressed concern over the rising poverty levels in urban areas.
According to the AfDB, the seven-member delegation of executive directors of the African Development Bank visited...
Xolisani Ncube/Almot Maqolo
At least 650 white former commercial farmers have received payment of about $50 000 as compensation from government, the Commercial Farmers Union has revealed.
The money translates to approximately US$2 000 using the parallel make rate of 1:25.
However,...
Plans are underway to establish a regional Agricultural Commodity Exchange Centre as part of the implementation of the 2021-2031 strategy for the Alliance for Commodity Trade in East and Southern Africa (ACTESA).
The centre shall link small-scale farmers to national,...
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...
Itai Ndongwe
HARARE (FinX) – Zimbabwe Revenue Authority (Zimra) says it will chase a revenue target of US$7.1 billion in 2025, which is up 16.39% from US$6.1 billion in 2024. This will be anchored on an established digitilisation-driven strategy to...
